Sila Services
VerifiedPlatform
Multi-brand residential HVAC platform; 28+ acquisitions since 2021. Sponsorship is an unresolved source conflict (Goldman Sachs Alternatives vs Pamlico Capital) — see the sila-goldman-majority-2024 deal, held at needs_review.
Ownership
- Sila Services backed by Dubin Clark & Company Verified
- Sila Services backed by Morgan Stanley Capital Partners Verified
- ECS Comfort Heating & Cooling rolled up into Sila Services (deal)
- Allied Experts rolled up into Sila Services (deal)
Deals
Goldman Sachs Alternatives acquires majority of Sila Services
Sila Services acquires Allied Experts
Sila Services acquires ECS Comfort Heating & Cooling
Morgan Stanley Capital Partners invests in Sila Heating & Air
Dubin Clark's Astar platform acquires Sila and rebrands to Sila
Related news
- businesswire.com· May 26, 2021
Morgan Stanley Capital Partners completed an investment in Sila Heating & Air Conditioning, a provider of residential HVAC, plumbing and electrical services in the Northeast and Mid-Atlantic regions. MSCP is partnering with the current management team led by CEO Lou Pellegrini and founder Jack Rothacker. The investment is consistent with MSCP's focus on services sector companies and aims to support Sila's growth through organic expansion and strategic acquisitions.
- churchillam.com
Churchill Asset Management completed a direct investment alongside Morgan Stanley Capital Partners in Sila Heating & Air Conditioning. A Churchill principal noted the stability of HVAC and home-service markets and expressed excitement about partnering with MSCP, which is familiar with the HVAC services space. This is the fifth transaction Churchill's team has completed in support of MSCP.