Every PE/M&A signal we can find, concrete deals and the broader market mood, each pinned to a
verbatim quote from its source. 497 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.
Service Experts also recently acquired Admiral Plumbing Services, a Jupiter, FL plumbing company serving the greater West Palm Beach area, retained under founder Richard Bassoff's leadership.
“Service Experts also recently acquired Admiral Plumbing Services, a residential and commercial plumbing company located in Jupiter, Florida and serving the greater West Palm Beach area, including Palm Beach County, Martin County, and Port St Lucie.”
Plumbing
www.achrnews.com HVAC services platform Service Experts acquired The Pink Plumber (Aames Plumbing & Heating), a residential/commercial plumbing company with Atlanta, Tampa, and Dallas locations, adding plumbing and septic services.
“Service Experts Heating & Air Conditioning LLC announced the acquisition of The Pink Plumber, a residential and commercial plumbing company with locations in Atlanta, Tampa, and Dallas.”
HVACPlumbing
www.achrnews.com Earlier in 2018, Midway Services, a residential plumbing, electrical, remodeling, and HVAC company in Clearwater, Florida, became part of Service Experts.
“Earlier this year, Midway Services, a residential plumbing, electrical, remodeling, and HVAC company founded in 1957 and located in Clearwater, Florida, became part of Service Experts.”
Service Experts acquired Admiral Plumbing Services, a residential and commercial plumbing company in Jupiter, Florida serving the greater West Palm Beach area.
“Service Experts also recently acquired Admiral Plumbing Services, a residential and commercial plumbing company located in Jupiter, Florida and serving the greater West Palm Beach area, including Palm Beach County, Martin County, and Port St Lucie.”
Service Experts Heating & Air Conditioning acquired The Pink Plumber (Aames Plumbing & Heating), a residential and commercial plumbing company with locations in Atlanta, Tampa, and Dallas, continuing its U.S. expansion.
“Service Experts Heating & Air Conditioning LLC announced the acquisition of The Pink Plumber, a residential and commercial plumbing company with locations in Atlanta, Tampa, and Dallas.”
Southern HVAC Corp. announced the acquisition of three Florida home-service companies: FAST of Florida (Clearwater), Duron Smith A/C & Heat (Melbourne), and Patrick's Heating and Air Conditioning (Ocala).
“Southern HVAC Corp. has announced the acquisition of FAST of Florida, a prevalent HVAC, plumbing and electric service provider in Clearwater, Florida; Duron Smith A/C & Heat, a prominent HVAC repair, maintenance, and installation service provider in Melbourne, Florida; and Patrick’s Heating and Air Conditioning, a leading provider of HVAC service and repair and water heater installation services in Ocala, Florida.”
IES Holdings acquired Technical Services, a mechanical (HVAC) services provider in Chesapeake, VA, in June 2017. The acquisition is an add-on to STR Mechanical, expanding the company's mechanical services offering and geographic reach.
“Technical Services June 2017 Mechanical (HVAC) services (Chesapeake, VA) Add-on to STR Mechanical Expands mechanical services offering and geographic reach Commercial & Industrial (STR Mechanical)”
ARS, a privately held national HVAC, heating and plumbing services provider, acquired the assets of HVAC of Lexington (dba Comfort Heating & Air), a family-owned business operating for over 19 years in the greater Lexington area.
“MEMPHIS, Tenn. — American Residential Services (ARS), a Memphis, Tennessee-based, privately-held national provider of air conditioning, heating, and plumbing services, has acquired the assets of HVAC of Lexington (dba Comfort Heating & Air).”
HVACPlumbing Positive
www.achrnews.com American Residential Services (ARS) acquired the assets of HVAC of Lexington (dba Comfort Heating & Air), a 19-year family-owned business, adding Kentucky and bringing its national reach to 23 states.
“American Residential Services (ARS), a Memphis, Tennessee-based, privately-held national provider of air conditioning, heating, and plumbing services, has acquired the assets of HVAC of Lexington (dba Comfort Heating & Air).”
The Wrench Group, a multi-trade home-services platform formed in March 2016, made its first acquisition, buying Dallas heritage HVAC/plumbing/electrical brand Baker Brothers to expand its Dallas-Fort Worth presence.
“Baker Brothers represents the first acquisition for Wrench since its formation in March, 2016.”
ElectricalHVACPlumbing
www.achrnews.com The Wrench Group, an HVAC/plumbing/electrical home-services platform, acquired Baker Brothers to expand its presence in the Dallas market. This was Wrench's first acquisition since the platform's formation in March 2016.
“The Wrench Group, a home maintenance and repair company specializing in heating, ventilation, air conditioning, plumbing, and electrical services, announced the acquisition of Baker Brothers in a deal aimed at expanding its presence in the Dallas market. Baker Brothers represents the first acquisition for Wrench since its formation in March, 2016.”
Goettl Air Conditioning expanded its Las Vegas operations by merging with two local HVAC companies, Las Vegas Air and Paradise Air, adding 20+ employees and 15 trucks.
“Goettl Air Conditioning recently merged with Las Vegas Air and Paradise Air, adding more than 20 employees and 15 trucks. Las Vegas Air primarily serves residential customers while Paradise Air services the multi-family and rental home market.”
Goettl Air Conditioning merged with Las Vegas Air and Paradise Air, adding more than 20 employees and 15 trucks to expand its Las Vegas footprint; Goettl reported 500 percent year-over-year growth since 2015.
“Goettl Air Conditioning recently merged with Las Vegas Air and Paradise Air, adding more than 20 employees and 15 trucks. Las Vegas Air primarily serves residential customers while Paradise Air services the multi-family and rental home market.”
Audax-backed Source Refrigeration & HVAC partnered with management to acquire Refrigeration Solutions Inc. and Advanced Refrigeration Systems (RSI), a Northern California commercial refrigeration services provider, as part of a stated roll-up strategy.
“Source Refrigeration & HVAC announced that it has partnered with management to acquire Refrigeration Solutions Inc. and Advanced Refrigeration Systems (together, RSI). Terms of the transaction were not disclosed.”
HVACRefrigeration
www.achrnews.com Source Refrigeration & HVAC, an Audax-backed commercial refrigeration platform, partnered with management to acquire RSI (Refrigeration Solutions Inc. and Advanced Refrigeration Systems) in Northern California, an add-on consistent with its stated buy-and-build strategy.
“Source Refrigeration & HVAC announced that it has partnered with management to acquire Refrigeration Solutions Inc. and Advanced Refrigeration Systems (together, RSI).”
American Residential Services (ARS), a national HVAC and plumbing services provider, acquired the assets of Weather Crafters in the Richmond, Virginia area and will rebrand it as ARS of Richmond, strengthening its Virginia footprint.
“American Residential Services (ARS), a privately-held national provider of air conditioning, heating, and plumbing services, announced that it has acquired the assets of Weather Crafters, Chester, Virginia.”
HVACPlumbing
www.achrnews.com ARS, a national HVAC/heating/plumbing services provider, acquired the assets of Weather Crafters in Chester, Virginia, rebranding it ARS of Richmond and strengthening its northern Virginia footprint.
“American Residential Services (ARS), a privately-held national provider of air conditioning, heating, and plumbing services, announced that it has acquired the assets of Weather Crafters, Chester, Virginia. Located in the Richmond area, it will be rebranded as ARS of Richmond.”
ARS acquired the assets of family-owned Allgood Plumbing, Electric, Heating & Cooling in Snellville, Georgia, an add-on expanding its Atlanta-area presence within the ARS/Rescue Rooter network.
“MEMPHIS, Tenn. — American Residential Services (ARS), a national provider of air conditioning, heating, and plumbing services, announced it has acquired the assets of Allgood Plumbing, Electric, Heating & Cooling in Snellville, Georgia.”
ElectricalHVACPlumbing
www.achrnews.com American Residential Services (ARS) acquired the assets of Allgood Plumbing, Electric, Heating & Cooling in Snellville, Georgia, expanding its presence in the Atlanta market within the ARS/Rescue Rooter Network.
“American Residential Services (ARS), a national provider of air conditioning, heating, and plumbing services, announced it has acquired the assets of Allgood Plumbing, Electric, Heating & Cooling in Snellville, Georgia.”
ARS, a national HVAC/plumbing platform, acquired the assets of Unique Air Services in Bradenton, Florida, expanding its Florida footprint as an add-on to its ARS/Rescue Rooter network.
“MEMPHIS, Tenn. — American Residential Services (ARS), a national provider of air conditioning, heating, and plumbing services, has acquired the assets of Unique Air Services in Bradenton, Florida.”
HVACPlumbing
www.achrnews.com American Residential Services (ARS), a national HVAC/plumbing home-services platform, acquired the assets of Unique Air Services, a 40-year family-owned company in the greater Sarasota area, expanding ARS's Florida footprint. Clear home-services roll-up tuck-in.
“American Residential Services (ARS), a national provider of air conditioning, heating, and plumbing services, has acquired the assets of Unique Air Services in Bradenton, Florida.”
IES Holdings acquired STR Mechanical in April 2016. STR Mechanical provides mechanical (HVAC) services in Charlotte, NC, and fits within the Commercial & Industrial segment.
“STR Mechanical April 2016 Mechanical (HVAC) services (Charlotte, NC) Service focus Industry veteran Commercial & Industrial”
American Residential Services acquired the assets of Aspen Air Conditioning in Boca Raton, Florida, adding it to the ARS national HVAC/plumbing network.
“MEMPHIS, Tenn. — American Residential Services (ARS), a national provider of HVAC and plumbing services, announced that it has acquired the assets of Aspen Air Conditioning in Boca Raton, Florida.”
American Residential Services, a national HVAC and plumbing platform, acquired the assets of Aspen Air Conditioning in Boca Raton, FL and Atlas Trillo in San Jose, CA, adding both to its national service network.
“MEMPHIS, Tenn. — American Residential Services (ARS), a national provider of HVAC and plumbing services, announced that it has acquired the assets of Aspen Air Conditioning in Boca Raton, Florida, and Atlas Trillo in San Jose, California.”
HVACPlumbing
www.achrnews.com ARS, a national HVAC and plumbing home-services provider, acquired the assets of Greenstar Home Services (Orange, CA and Las Vegas). The California location keeps the Greenstar brand; the Las Vegas location is consolidated into ARS's Yes! Air Conditioning and Plumbing brand.
“MEMPHIS, Tenn. — American Residential Services (ARS), a national provider of HVAC and plumbing services, announced it has acquired the assets of Greenstar Home Services. Greenstar has two locations operating out of Orange, California, and Las Vegas, which provide homeowners with HVAC and plumbing services, installation, and repair. The location serving Southern California will retain the Greenstar brand and continue to operate as an independent service center. The Las Vegas location will be consolidated with ARS’ local brand, Yes! Air Conditioning and Plumbing®.”
HVACPlumbing
www.achrnews.com Modern Heating and Air Conditioning of Minneapolis was acquired by MSHC Inc. (dba Service Logic), one of the largest independent HVAC mechanical services companies in the US.
“Modern Heating and Air Conditioning Inc., headquartered in Minneapolis, has been acquired by MSHC Inc., dba Service Logic, headquartered in Denver.”
SE Holdco, parent of Service Experts Heating and Air Conditioning, purchased the assets of 105-year-old Dallas HVAC and plumbing firm Levy & Son Plumbing. The article frames it as Service Experts' first major acquisition of 2015, following three purchases in 2014.
“purchased the assets of
Levy & Son Plumbing Inc.
, a 105-year-old Dallas-based HVAC and plumbing company. The transaction marks the company’s first major acquisition in 2015, after completing three purchases in 2014.”
HVACPlumbing
www.achrnews.com SE Holdco LLC, parent of Service Experts Heating and Air Conditioning, purchased the assets of Levy & Son Plumbing, a 105-year-old Dallas HVAC and plumbing company — its first major acquisition of 2015 following three purchases in 2014.
“SE Holdco LLC, the parent company of [Service Experts Heating and Air Conditioning LLC](http://www.serviceexperts.com/), purchased the assets of [Levy & Son Plumbing Inc.](http://levyandson.com/dallas-heating-air-conditioning-plumbing-services/plumbers/), a 105-year-old Dallas-based HVAC and plumbing company. The transaction marks the company’s first major acquisition in 2015, after completing three purchases in 2014.”
Service Experts · Acquirer Bernard Levy · Mentioned Levy & Son Plumbing Inc. · Target SE Holdco LLC · Parent Scott J. Boxer · Mentioned Levy & Son will continue operations under the name 'Levy & Son, a Service Experts company,' indicating it is being integrated as an add-on acquisition within the Service Experts platform.
“Levy & Son management and staff will remain on board at the company, and the company will continue operations under the name Levy & Son, a Service Experts company.”
SE Holdco, parent of Service Experts Heating and Air Conditioning, acquired Dallas-based HVAC and plumbing company Levy & Son Plumbing, expanding its presence in the Dallas metro and deepening its plumbing services segment. Levy & Son will continue under its name as a Service Experts company.
“PLANO, Texas — SE Holdco LLC, parent company of Service Experts Heating and Air Conditioning LLC, has announced the acquisition of Levy & Son Plumbing Inc., a Dallas-based HVAC and plumbing company.”
HVACPlumbing
www.achrnews.com SE Holdco / Service Experts Heating and Air Conditioning acquired Dallas-based HVAC and plumbing company Levy & Son, expanding its presence in a fast-growing metro and deepening its plumbing segment. Service Experts is a multi-location consolidator operating 95+ locations.
“SE Holdco LLC, parent company of Service Experts Heating and Air Conditioning LLC, has announced the acquisition of Levy & Son Plumbing Inc., a Dallas-based HVAC and plumbing company.”
Ken Goodrich, who acquired Goettl Air Conditioning two years prior, acquired Phoenix contractor Sonoran Air in August, rebranding it Sonoran Air Conditioning and building synergy between the two Arizona HVAC companies.
“Goodrich acquired the company in August and it is now operating under its new name, Sonoran Air Conditioning.”
Greenstar Home Services, a multi-state HVAC and plumbing provider, acquired A-Ames Plumbing and HVAC in Orange County, its seventh acquisition in three years.
“ORANGE COUNTY, Calif. — Greenstar Home Services, a privately held, multi-state provider of HVAC and plumbing services, has acquired A-Ames Plumbing and HVAC, based in Garden Grove, California. This acquisition marks the seventh company Greenstar has acquired in the past three years.”
Kenneth D. Goodrich's Tucson Peach LLC, also behind Goettl Air Conditioning and The Sunny Plumber, acquired Phoenix-based HVAC contractor Sonoran Air and rebranded it Sonoran Air Conditioning.
“PHOENIX — Kenneth D. Goodrich, managing partner of Tucson Peach LLC and Goettl Air Conditioning, announced that Tucson Peach has acquired Phoenix-based HVAC contractor Sonoran Air. The company will operate under the new name Sonoran Air Conditioning.”
Tucson Peach LLC, an entity of Kenneth D. Goodrich (also managing partner of Goettl Air Conditioning), acquired Phoenix HVAC contractor Sonoran Air, which will operate as Sonoran Air Conditioning within Goodrich's group of companies.
“Kenneth D. Goodrich, managing partner of Tucson Peach LLC and Goettl Air Conditioning, announced that Tucson Peach has acquired Phoenix-based HVAC contractor Sonoran Air.”
Kenneth D. Goodrich's Tucson Peach LLC (also behind Goettl Air Conditioning and The Sunny Plumber) acquired Phoenix-based HVAC contractor Sonoran Air, rebranding it Sonoran Air Conditioning, as a tuck-in into his group of companies.
“PHOENIX — Kenneth D. Goodrich, managing partner of Tucson Peach LLC and Goettl Air Conditioning, announced that Tucson Peach has acquired Phoenix-based HVAC contractor Sonoran Air. The company will operate under the new name Sonoran Air Conditioning.”
Source Refrigeration & HVAC, a portfolio company of Arsenal Capital Partners, acquired Houston-based Service Refrigeration LLC, expanding its commercial refrigeration and HVAC service platform into Texas.
“Source Refrigeration & HVAC, a portfolio company of Arsenal Capital Partners, has announced the acquisition of Service Refrigeration LLC, based in Houston.”
Source Refrigeration & HVAC, a portfolio company of Arsenal Capital Partners, acquired Fournier Air Conditioning and Refrigeration in Florida as a Southeast expansion add-on to its commercial refrigeration/HVAC services platform. A clear PE-backed roll-up add-on.
“ANAHEIM, Calif. — Source Refrigeration & HVAC, a portfolio company of Arsenal Capital Partners, has announced the acquisition of Fournier Air Conditioning and Refrigeration – Florida, based in Jacksonville, Fla.”
HVACRefrigeration
www.achrnews.com PE-backed Source Refrigeration & HVAC, an Arsenal Capital Partners portfolio company, acquired Southeast electrical/EMS contractor TP Electrical as an add-on to its national commercial refrigeration and HVAC services platform.
“Source Refrigeration & HVAC, a portfolio company of Arsenal Capital Partners, has announced the acquisition of TP Electrical, based in White, Ga.”
A related-article reference in the source notes that Service Experts acquired Jones Heating & Air in September 2012, indicating ongoing HVAC contractor consolidation.
“Sept. 28, 2012: Service Experts Acquires Jones Heating & Air”
Service Experts Heating and Air Conditioning, a 100+ location North American HVAC platform, acquired Jones Heating & Air Co., a local Morristown, Tenn. contractor founded in 1986 — a tuck-in of an independent contractor into a large multi-location brand.
“Service Experts Heating and Air Conditioning announced that it has acquired Jones Heating & Air Co., a Morristown, Tenn., contracting company founded in 1986 by Larry and Cheryl Jones.”
Service Experts Heating and Air Conditioning, one of North America's largest HVAC brands with over 100 locations, acquired Morristown, Tenn. contractor Jones Heating & Air Co.
“Service Experts Heating and Air Conditioning announced that it has acquired Jones Heating & Air Co., a Morristown, Tenn., contracting company founded in 1986 by Larry and Cheryl Jones.”
ABM Industries announced the acquisition of TEGG, a provider of electrical and HVAC maintenance services, to broaden its existing vertical and geographic presence and strengthen its Franchising Group.
“Acquisition of TEGG: Broadens existing vertical and geographic presence Provides clients with more comprehensive solutions Strengthens ABM's Franchising Group”
John C. Flood, a D.C.-area home-services contractor, acquired Ronnie Outlaw LC, an Arlington, Va. HVAC company, planning to expand the acquired customer base into plumbing, electrical, and remodeling services.
“John C. Flood Inc. has announced the acquisition of Ronnie Outlaw LC of Arlington, Va.”
ElectricalHVACPlumbing
www.achrnews.com John C. Flood Inc. of Alexandria, Va., acquired Ronnie Outlaw LC of Arlington, Va., expanding its HVAC customer base and cross-selling plumbing, electrical and remodeling services.
“John C. Flood Inc. has announced the acquisition of Ronnie Outlaw LC of Arlington, Va.”
American Residential Services (ARS), a portfolio company of PE firm CI Capital Partners, completed the acquisition of HVAC contractor Columbus/Worthington Air to expand its footprint in the Columbus, Ohio market. CWA continues as a standalone business.
“NEW YORK - CI Capital Partners LLC, a New York-based private equity firm, announced that its portfolio company American Residential Services L.L.C. (ARS), a national provider of HVAC and plumbing equipment and services, has completed an acquisition to increase its penetration in the Columbus, Ohio, metropolitan market.”
HVACPlumbing
www.achrnews.com CI Capital Partners' portfolio company ARS completed the acquisition of Columbus/Worthington Air, a residential and light commercial HVAC contractor with ~$7.5M revenue, to expand in the Columbus, Ohio market.
“CI Capital Partners LLC, a New York-based private equity firm, announced that its portfolio company American Residential Services L.L.C. (ARS), a national provider of HVAC and plumbing equipment and services, has completed an acquisition to increase its penetration in the Columbus, Ohio, metropolitan market.”
American Residential Services (ARS), a portfolio company of PE firm CI Capital Partners, completed two add-on acquisitions—Brothers Air and Heat (Charlotte) and Columbus/Worthington Air (Columbus)—to expand its regional footprint.
“NEW YORK - CI Capital Partners LLC, a New York-based private equity firm, announced that its portfolio company American Residential Services L.L.C. (ARS), a national provider of HVAC and plumbing equipment and services, has completed two acquisitions to increase its penetration in the Charlotte, N.C., and Columbus, Ohio, metropolitan markets.”
HVACPlumbing
www.achrnews.com CI Capital Partners' portfolio company American Residential Services (ARS) completed acquisitions of Brothers Air and Heat (Charlotte) and Columbus/Worthington Air (Columbus) to expand its regional footprint as part of a buy-and-build roll-up strategy.
“CI Capital Partners LLC, a New York-based private equity firm, announced that its portfolio company American Residential Services L.L.C. (ARS), a national provider of HVAC and plumbing equipment and services, has completed two acquisitions to increase its penetration in the Charlotte, N.C., and Columbus, Ohio, metropolitan markets.”
American Residential Services' ARS/Rescue Rooter acquired the assets of D.C.-based McCarthy Services, a leading HVAC and plumbing provider, marking its first acquisition in the Washington, D.C. market as part of its network expansion through acquisitions.
“ARS®/Rescue Rooter®, a privately held, nationwide provider of air conditioning, heating, plumbing, insulation, radiant barrier, and ventilation services, has announced the acquisition of the assets of Washington, D.C.-based McCarthy Services.”
HVACPlumbing
www.achrnews.com 