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).

The deal marks just the second platform-buys-platform transaction among today’s residential HVAC, plumbing, and electrical platforms

A conversation about navigating today's market, A2L, and repair vs. replacement dynamics from a South Carolina contractor's perspective

In 2025, estimated combined total U.S. revenues among residential and commercial HVAC and plumbing contractors exceeded $327 billion