HVAC Deals: May 2024

Recent investment activity from around the industry

Alec Stevanovski

June 10, 2024

Redwood Services adds a 15th partner to its platform — Dean’s Home Services (MN).

Flow Service Partners acquires Dynamic Air Solutions (KY).

Southeast Mechanical enters Florida by acquiring Climate Design Home Services (FL).

Thermal Concepts acquires Atlanta-based 5 Seasons Mechanical (GA).

In recent months, some energy analysts have proposed a way for tech companies to free up grid capacity amid the AI-driven data center boom

Industry groups have warned that a patchwork of state-specific refrigerant regulations would be problematic for contractors

In 2018, Ferguson launched an in-house investment arm to back tech startups serving builders and HVAC and plumbing contractors