Who owns the HVAC roll-ups?
A public, independent ownership graph of HVAC private-equity consolidation — the platforms, the sponsors behind them, and the deals that built them. Structural facts are verified against independent sources; dollar figures we can't confirm are clearly marked reported.
155
Companies
87
Deals
126
Ownership links
62
Verified deals
Ownership graph
Open full graph → PE firm Platform Operating co. drag to pan · scroll to zoom · click a node
Recent deals
All deals → Minority stake May 2026
Apollo Funds acquires a strategic minority interest in Apex Service Partners
Apollo Global Management → Apex Service Partners
$2B reported
Add-on acquisition May 2026
Redwood Services acquires the Sierra Platform from S|E|Capital
Redwood Services → Sierra Platform
$220M reported
Recapitalization Feb 2026
Verified Blackstone (BXPE) agrees to acquire Champions Group from Odyssey
Blackstone (BXPE) → Champions Group
$2.5B reported
Add-on acquisition Jan 2026
Verified Champions Group acquires Lex Cooling, Heating, Plumbing & Electrical
Champions Group → Lex Cooling, Heating, Plumbing & Electrical
Platform creation Sep 2025
Verified Percheron Capital launches Solidaire via Enervise
Percheron Capital → Solidaire HVAC & Energy Solutions
Platform creation Sep 2025
Verified Centre Partners launches TruTemp via Maynor Service Company
Centre Partners → TruTemp Holdings