HVAC Deals: March 2024
Recent investment activity from around the industry
March 2024
Read: Liberty Service Partners acquires Aire Care Mechanical (Knoxville, TN).
Read: The Master Trades Group acquires Stan’s Home Services, which consists of Stan’s Heating, Air, Plumbing & Electrical (Austin, TX) and Wagner Mechanical (Albuquerque, NM).
Read: Redwood Services invests in its 14th partner, Parks Heating Cooling Plumbing & Electrical (Charlotte, NC).
Read: Investment firm Littlejohn & Co acquires United Air Temp, which serves customers along the East Coast and has over 850 total employees (Lorton, VA).
Read: Employee-owned Empowered Ventures acquires Benoure Plumbing, Heating & Air Conditioning (South Burlington, Vermont).
Read: Broad Sky Partners acquires Punctual Pros, a franchise operator of One Hour Heating & Air Conditioning, Benjamin Franklin Plumbing, and Mister Sparky Electrical (Central Pennsylvania).
Read: Sila Services announces its acquisition of Glasco Heating & Air Conditioning (South Windsor, CT).
Keep reading
House bill proposes tax-free savings accounts for the trades
The accounts would allow Americans to make withdrawals for expenses related to apprenticeship programs, community colleges or trade schools, certifications and licensing, tools and equipment, and establishing a new business
HVAC company to pay $300,000 to settle lawsuit over deceptive sales claims
PA Attorney General Dave Sunday sued Curtis Total Service in June 2022, alleging the company engaged in deceptive and high-pressure sales tactics in violation of several state laws
Carrier residential sales, unit volume plunge amid destocking
The company's American residential sales dropped 30 percent year-over-year during the third quarter, per a Tuesday report