Every PE/M&A signal we can find, concrete deals and the broader market mood, each pinned to a
verbatim quote from its source. 583 signals in the record.
Signals are reports drawn from public coverage and print archives, presented as reported by their
sources. Naming a company in a signal is not an accusation against it. See our methodology and legal notes.
Gryphon Investors-backed Right Time Group, Canada's leading residential HVAC operator, acquired Calgary-based Knight Plumbing Heating & Air Conditioning, its 20th acquisition, expanding in Western Canada.
“Right Time Group of Companies ("Right Time"), Canada's leading home services provider, announced today the acquisition of Calgary, Alberta -based Knight Plumbing Heating & Air Conditioning ("Knight" or the "Company"), expanding its growth in Western Canada.”
American Residential Services (ARS/Rescue Rooter) acquired San Diego-based Tarpy Plumbing, Heating & Air, a ~50-employee residential HVAC/plumbing contractor, expanding ARS's home-services presence in California.
“American Residential Services (ARS/Rescue Rooter), a provider of HVAC and plumbing services, has acquired San Diego-based of Tarpy Plumbing, Heating & Air.”
American Residential Services (ARS/Rescue Rooter) acquired San Diego-based Tarpy Plumbing, Heating & Air, a residential HVAC and plumbing contractor with ~50 employees, expanding ARS's home-services presence in Southern California.
“Memphis, Tenn. — American Residential Services (ARS/Rescue Rooter), a provider of HVAC and plumbing services, has acquired San Diego-based of Tarpy Plumbing, Heating & Air.”
Southern Home Services completed the acquisition of Pro-Tech Air Conditioning & Plumbing, an Orlando-area residential HVAC/IAQ/plumbing contractor; Pro-Tech keeps its name, branding, and employees.
“Southern Home Services, a provider of essential residential and light commercial home services, has completed the acquisition of Pro-Tech Air Conditioning & Plumbing, a home services contractor specializing in heating, air conditioning, IAQ, and plumbing services to residential customers throughout the greater Orlando market.”
Since its initial investment in June 2021, Grove Mountain Partners completed nine add-on acquisitions for Unique Indoor Comfort, growing total revenue over 6x. This roll-up strategy consolidated independent home service businesses in the East and Midwest.
“Since our initial investment in June 2021, the company completed nine add-on acquisitions and grew total revenue over 6x”
Right Time Group of Companies added two more locations, reaching 25 across central and western Canada, via acquisitions of Thomson Industries Ltd. (Port Coquitlam, B.C.) and Oosterveld Heating and Air Conditioning (Guelph, Ont.); both companies' management and employees joined Right Time.
“Right Time Group of Companies now has 25 locations across central and western Canada with recent acquisitions of Thomson Industries Ltd. of Port Coquitlam, B.C. and Oosterveld Heating and Air Conditioning of Guelph, Ont.”
PE-backed home-services platform Sila Services acquired Northbrook, Illinois HVAC company Park Ridge Unique Indoor Comfort, expanding its Midwest presence as part of recent regional investments.
“Sila Services LLC acquired Park Ridge Unique Indoor Comfort Inc., a family-owned, Northbrook, Illinois-based HVAC company specializing in heating and cooling installation and repairs since 1967.”
PE-backed roll-up platform Sila Services acquired Northbrook, Illinois HVAC company Park Ridge Unique Indoor Comfort as part of its Midwest regional expansion strategy.
“Sila Services LLC acquired Park Ridge Unique Indoor Comfort Inc., a family-owned, Northbrook, Illinois-based HVAC company specializing in heating and cooling installation and repairs since 1967.”
Right Time Group of Companies, a home-services roll-up majority-owned by PE firm Gryphon Investors, acquired Greater Vancouver-based Thomson Industries Ltd. for residential HVAC/electrical/IAQ services in British Columbia. It is Right Time's 18th acquisition.
“Right Time Group of Companies, a home services provider, acquired Greater Vancouver-based Thomson Industries Ltd., furthering its growth in British Columbia.”
Right Time Group of Companies, a Canadian home-services roll-up majority-owned by PE firm Gryphon Investors, acquired Greater Vancouver-based Thomson Industries Ltd., its 18th acquisition, expanding in British Columbia.
“Right Time Group of Companies, a home services provider, acquired Greater Vancouver-based Thomson Industries Ltd., furthering its growth in British Columbia.”
Gridiron Capital-backed Legacy Service Partners completed investments in John Henry's Plumbing, Heating & Air and Buehler Air Conditioning. These add-ons expand Legacy's national footprint into the Midwest and increase scale in existing markets.
“Legacy Service Partners, a Gridiron Capital-backed home services platform, completed investments in John Henry's Plumbing, Heating & Air (Lincoln, NE) and Buehler Air Conditioning (Jacksonville, FL). The add-on acquisitions expand Legacy's national footprint by entering the Midwest and increasing scale in existing markets while leveraging the platform's acquisition engine and integration capabilities.”
Buehler Air Conditioning · Target Gridiron Capital · Sponsor John Henry's Plumbing, Heating & Air · Target Legacy Service Partners · Platform
Sila Services LLC, a multi-brand home-services platform, acquired Absolute Air Services of Portland, Connecticut, adding it to its existing brands in the Connecticut and New York region as part of its strategy of aligning with partners and accelerating their success.
“PHILADELPHIA — Sila Services LLC acquired Absolute Air Services based in Portland, Connecticut.”
Sila Services LLC, a multi-brand home services platform, acquired Absolute Air Services of Portland, Connecticut, an HVAC installation, repair, and maintenance company, adding to its Connecticut and New York footprint.
“Sila Services LLC acquired Absolute Air Services based in Portland, Connecticut.”
Right Time Group of Companies, a Canadian residential HVAC contractor majority-owned by PE firm Gryphon Investors, acquired Guelph-based Oosterveld Heating and Air Conditioning, expanding its southern Ontario presence. It is Right Time's 17th acquisition under its growth plan.
“ST. CATHARINES, Ontario — Right Time Group of Companies, a Canadian residential HVAC contractor, acquired Guelph-based Oosterveld Heating and Air Conditioning, further solidifying its growing presence in southern Ontario.”
Right Time Group of Companies, a Canadian residential HVAC contractor majority-owned by Gryphon Investors, acquired Guelph-based Oosterveld Heating and Air Conditioning — its 17th acquisition under its growth plan.
“ST. CATHARINES, Ontario — Right Time Group of Companies, a Canadian residential HVAC contractor, acquired Guelph-based Oosterveld Heating and Air Conditioning, further solidifying its growing presence in southern Ontario.”
PE-backed Right Time Group of Companies acquired Guelph-based Oosterveld Heating and Air Conditioning, its 17th acquisition and fourth in the past year, expanding its Southern Ontario residential HVAC footprint.
“Right Time Group of Companies continues to grow in Southern Ontario with the acquisition of Guelph -based [Oosterveld Heating and Air Conditioning](https://oosterveldheating.com/).”
The SEER Group LLC announced the acquisition of a majority stake in Border Sheet Metal & Heating of Hayden, Idaho. The selling family owners retain their brand and continue leading the company as SEER Group partners.
“recently announced the acquisition of a majority stake in”
The SEER Group LLC acquired a majority stake in Border Sheet Metal & Heating of Hayden, Idaho. This is the platform's twenty-eighth acquisition, growing its Idaho footprint as it expands into new states.
“recently announced the acquisition of a majority stake in [Border Sheet Metal & Heating](http://www.bordersheetmetal.com/) located in Hayden, Idaho. This is the twenty-eighth acquisition for The SEER Group LLC, rapidly growing its footprint in Idaho while continuing its expansion into new states.”
Huron Capital's ExecFactor portfolio platform Exigent Holdco acquired JPG Plumbing & Mechanical Services (Maryland) and ThermaServe (Florida), adding scale in the DMV area and new Southeast locations to its mechanical-services roll-up.
“Lower middle-market private equity firm Huron Capital’s portfolio company Exigent Holdco LLC, a provider of mission-critical HVAC, plumbing, and other mechanical system repair, maintenance, and replacement services, has acquired JPG Plumbing & Mechanical Services Inc. and ThermaServe Inc.”
Huron Capital portfolio company Exigent Holdco LLC, an HVAC/plumbing/mechanical services platform, acquired JPG Plumbing & Mechanical Services Inc. (Maryland) and ThermaServe Inc. (Florida) as add-ons under Huron's ExecFactor platform strategy.
“DETROIT — Lower middle-market private equity firm Huron Capital’s portfolio company Exigent Holdco LLC, a provider of mission-critical HVAC, plumbing, and other mechanical system repair, maintenance, and replacement services, has acquired JPG Plumbing & Mechanical Services Inc. and ThermaServe Inc.”
Southern HVAC Corp. (Southern Home Services) acquired Spartanburg-area HVAC firm George M. Hill & Sons, which will merge with platform brand Five Star Plumbing Heating & Cooling to serve the Greenville-Spartanburg market.
“Southern HVAC Corp. acquired George M. Hill & Sons Inc.”
Southern HVAC Corp. (Southern Home Services) acquired George M. Hill & Sons Inc., which will merge with its Five Star Plumbing Heating & Cooling brand to serve the Greenville-Spartanburg, SC market.
“SPARTANBURG, S.C. — Southern HVAC Corp. acquired George M. Hill & Sons Inc. Since 1945, George M. Hill & Sons has provided customers throughout Spartanburg, Greenville, and the greater upstate market with highly rated heating, air conditioning maintenance, repair, and replacement services. George M. Hill & Sons will merge with Five Star Plumbing Heating & Cooling to provide home service solutions to homeowners in the Greenville-Spartanburg market.”
Strikepoint Group Holdings (formerly Horizon Group Holdings), a US home-services platform, acquired Weeks Service Company in the Greater Houston area, marking its expansion into the Texas home-services market. Weeks provides HVAC, plumbing, electrical, IAQ, and generator services.
“Strikepoint Group Holdings (SGH), formerly Horizon Group Holdings, a home services company in the United States, announced that it has acquired Weeks Service Company, which serves customers in the Greater Houston metropolitan area. The deal marks SGH’s expansion into the Texas home services market.”
Strikepoint Group Holdings (formerly Horizon Group Holdings) acquired Houston-area Weeks Service Company (HVAC, plumbing, electrical), marking its entry into the Texas home services market.
“Strikepoint Group Holdings (SGH), formerly Horizon Group Holdings, a home services company in the United States, announced that it has acquired Weeks Service Company, which serves customers in the Greater Houston metropolitan area. The deal marks SGH’s expansion into the Texas home services market.”
FirstCall's launch was anchored by four regional acquisitions across the Southeast: STR Mechanical, Technical Services, TimCo Heating and Air, and the services assets of JAX Refrigeration.
“To date, FirstCall has welcomed four regional operations to the platform: STR Mechanical in the Carolinas, Technical Services in Virginia, TimCo Heating and Air in Georgia, and the services assets of JAX Refrigeration in Florida.”
Gryphon Investors-backed Southern Home Services acquired AirPlus Heating, Cooling, Plumbing & Electrical to expand its Mid-Atlantic footprint. The deal adds electrical and generator installation capabilities to Southern's service offering.
“Southern Home Services, a Gryphon Investors‑backed home‑services platform headquartered in Maitland, Florida, acquired AirPlus Heating, Cooling, Plumbing & Electrical, a Lorton, Virginia–based residential HVAC, plumbing and electrical contractor. The acquisition expands Southern's Mid‑Atlantic footprint, adds electrical and Generac generator installation capabilities to its service offering, and brings AirPlus' local team and customer base into Southern's platform.”
PE-backed home-services platform Sila Services acquired Central Cooling & Heating Inc., a Woburn, Mass.-based HVAC provider serving the Greater Boston area, as part of its New England expansion.
“Sila Services LLC has acquired Central Cooling & Heating Inc., a provider of air conditioning, heating, and indoor air quality services in the”
Sila Services LLC, a home-services roll-up platform, acquired Central Cooling & Heating Inc., a Greater Boston HVAC provider, expanding its New England footprint.
“Sila Services LLC has acquired Central Cooling & Heating Inc., a provider of air conditioning, heating, and indoor air quality services in the Greater Boston area.”
Southwest residential HVAC/plumbing roll-up Goettl acquired family-owned Nevada Heating, Cooling, Plumbing, Fireplace Inc. in Reno, Nevada as part of its acquisitional growth strategy.
“Goettl Air Conditioning & Plumbing, a provider of residential HVAC and plumbing services across the Southwest, announced that is has acquired Nevada Heating, Cooling, Plumbing, Fireplace Inc. in Reno, Nevada as part of its ongoing acquisitional growth strategy.”
Goettl Air Conditioning & Plumbing acquired Reno-based Nevada Heating, Cooling, Plumbing, Fireplace Inc. as part of its acquisitional growth strategy, adding fireplace service and expanding in its home state.
“Goettl Air Conditioning & Plumbing, a provider of residential HVAC and plumbing services across the Southwest, announced that is has acquired Nevada Heating, Cooling, Plumbing, Fireplace Inc. in Reno, Nevada as part of its ongoing acquisitional growth strategy.”
Sila Services LLC acquired Central Cooling & Heating Inc., a Woburn, Massachusetts HVAC contractor serving Greater Boston, expanding the Sila platform across New England.
“Sila Services LLC has acquired Central Cooling & Heating Inc., a provider of air conditioning, heating, and indoor air quality services in the Greater Boston area.”
Sila Services LLC acquired Central Cooling & Heating Inc., a Greater Boston HVAC provider, continuing its New England growth strategy.
“Sila Services LLC has acquired Central Cooling & Heating Inc., a provider of air conditioning, heating, and indoor air quality services in the Greater Boston area.”
With the acquisition of Sal's Heating & Cooling, User Friendly Home Services has extended its national network of HVAC and home service companies to 10 locations, indicating ongoing roll-up activity.
“User Friendly Home Services has extended its national network of HVAC and home service companies to 10 with the Sal's acquisition.”
The M and M deal adds to Service Champions' prior 2021 acquisition of SWAN Heating and Air Conditioning Inc., an established player in the Loveland and Denver metro areas.
“This acquisition marks Service Champions' continued expansion and strengthened market position in the
Denver
metropolitan area adding to its 2021 acquisition of Swan Heating and Air Conditioning Inc. an established player in the
Loveland
and
Denver
metro areas.”
Strikepoint Group Holdings, a home-services rollup formerly known as Horizon Group Holdings, acquired Jacksonville-based residential HVAC/IAQ company Air McCall Inc.
“Strikepoint Group Holdings (SGH), formerly Horizon Group Holdings, a home services company, announced that it has recently acquired Air McCall Inc., a residential air conditioning and indoor air quality company serving customers throughout Florida’s Jacksonville communities.”
Right Time Group of Companies, majority-owned by Gryphon Investors, acquired Waterloo, Ontario-based Dunn Heating ClimateCare—its 16th acquisition—continuing its Canadian residential HVAC roll-up.
“Right Time Group of Companies announced the acquisition of Waterloo-based Dunn Heating ClimateCare, which now operates as Dunn Heating and Air Conditioning.”
Air Pros USA completed eight acquisitions during 2022 as part of its rapid roll-up growth, reaching roughly 1,000 employees and just over $200 million in revenue.
“In 2022, Air Pros acquired eight businesses, the last one announced in early December, which Perera said was a “pretty big one.””
Right Time Group of Companies, majority-owned by PE firm Gryphon Investors, acquired Ontario-based Dunn Heating ClimateCare, its 16th acquisition as it executes a residential HVAC roll-up strategy.
“Right Time Group of Companies announced the acquisition of Waterloo-based Dunn Heating ClimateCare, which now operates as Dunn Heating and Air Conditioning.”
Air Pros USA acquired ECM Air Conditioning, a family-owned HVAC, plumbing, and electric company in South Florida, integrating it as a platform add-on while keeping ECM as the flagship local brand.
“Air Pros USA announced the acquisition of East Coast Mechanical (ECM Air Conditioning), a family-owned air conditioning, plumbing, and electric company in South Florida. This acquisition strengthens Air Pros USA as a home services business in the Florida market.”
Air Pros USA acquired South Florida family-owned HVAC, plumbing, and electric company East Coast Mechanical (ECM Air Conditioning), its largest acquisition in its South Florida home market.
“Air Pros USA announced the acquisition of East Coast Mechanical (ECM Air Conditioning), a family-owned air conditioning, plumbing, and electric company in South Florida.”
Goettl Air Conditioning & Plumbing acquired two HVAC contractors as part of its 'Goettlize the Nation' expansion strategy, marking its fifth Southern California branch and its entry into the Reno, Nevada market.
“Goettl Air Conditioning & Plumbing, a provider of HVAC and plumbing services, announced two newly acquired businesses: SoCal Airflow Pros in Rancho Santa Margarita, California and 4 Seasons Heating & Cooling in Reno, Nevada.”
Goettl Air Conditioning & Plumbing acquired SoCal Airflow Pros (Rancho Santa Margarita, CA) and 4 Seasons Heating & Cooling (Reno, NV) as part of its 'Goettlize the Nation' expansion strategy.
“Goettl Air Conditioning & Plumbing, a provider of HVAC and plumbing services, announced two newly acquired businesses: SoCal Airflow Pros in Rancho Santa Margarita, California and 4 Seasons Heating & Cooling in Reno, Nevada.”
Air Pros USA acquired East Coast Mechanical (ECM Air Conditioning), a large family-owned South Florida AC/plumbing/electric company, its largest South Florida acquisition, integrating ECM into the Air Pros USA platform.
“Air Pros USA announced the acquisition of East Coast Mechanical (ECM Air Conditioning), one of the largest family-owned air conditioning, plumbing and electric companies in South Florida.”
Air Pros USA acquired East Coast Mechanical (ECM Air Conditioning), described as one of the largest family-owned air conditioning, plumbing and electric companies in South Florida, in what Air Pros called its largest South Florida acquisition.
“announced the acquisition of
East Coast Mechanical (ECM Air Conditioning)
, one of the largest family-owned air conditioning, plumbing and electric companies in South Florida.”
Air Pros USA acquired East Coast Mechanical (ECM Air Conditioning), described as one of the largest family-owned air conditioning, plumbing and electric companies in South Florida and Air Pros USA's largest acquisition in its South Florida home market. ECM will be integrated onto the platform and remain the flagship brand.
“Air Pros USA
announced the acquisition of
East Coast Mechanical (ECM Air Conditioning)
, one of the largest family-owned air conditioning, plumbing and electric companies in South Florida.”
Air Pros USA acquired East Coast Mechanical (ECM Air Conditioning), a large family-owned AC, plumbing and electric company in South Florida, integrating it into the Air Pros USA platform as its largest South Florida acquisition.
“recently announced the acquisition of
East Coast Mechanical (ECM Air Conditioning)
, one of the largest family-owned air conditioning, plumbing and electric companies in South Florida. This acquisition strengthens Air Pros USA as a leading Home Services business in the Florida Market.”
