Every PE/M&A signal we can find, concrete deals and the broader market mood, each pinned to a
verbatim quote from its source. 1244 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.
Signal volume over time
1,191 dated signals shown · 53 undated (excluded from the chart).
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 describes itself as a multi-state home-services platform with ~600 vehicles, 1000+ technicians/staff and ~700,000 customers, operating in eight states and a dozen-plus metros, integrating acquired brands operationally.
“Nationally, Air Pros USA has nearly 600 vehicles, over 1000 technicians and staff, and has grown a customer base to nearly 700,000. Air Pros USA operates in eight states and more than a dozen metro areas including Miami, Orlando, Dallas, Atlanta, Colorado Springs, Mobile and Seattle”
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 reports near 600 vehicles, over 1000 technicians/staff, ~700,000 customers, and operations across eight states and more than a dozen metro areas, reflecting its multi-state home-services consolidation.
“Nationally, Air Pros USA has nearly 600 vehicles, over 1000 technicians and staff, and has grown a customer base to nearly 700,000. Air Pros USA operates in eight states and more than a dozen metro areas including Miami, Orlando, Dallas, Atlanta, Colorado Springs, Mobile and Seattle”
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 reports nearly 600 vehicles, over 1000 technicians and staff, and a customer base near 700,000, operating in eight states and more than a dozen metro areas, integrating acquired companies onto its platform.
“Nationally, Air Pros USA has nearly 600 vehicles, over 1000 technicians and staff, and has grown a customer base to nearly 700,000. Air Pros USA operates in eight states and more than a dozen metro areas including Miami, Orlando, Dallas, Atlanta, Colorado Springs, Mobile and Seattle”
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 described its national platform scale as nearly 600 vehicles, over 1,000 technicians and staff, ~700,000 customers, operating in eight states and more than a dozen metros.
“Nationally, Air Pros USA has nearly 600 vehicles, over 1000 technicians and staff, and has grown a customer base to nearly 700,000. Air Pros USA operates in eight states and more than a dozen metro areas including Miami, Orlando, Dallas, Atlanta, Colorado Springs, Mobile and Seattle”
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.”
Air Pros USA has consolidated to nearly 600 vehicles, over 1000 technicians, ~700,000 customers, operating in eight states and over a dozen metro areas.
“Nationally, Air Pros USA has nearly 600 vehicles, over 1000 technicians and staff, and has grown a customer base to nearly 700,000. Air Pros USA operates in eight states and more than a dozen metro areas including Miami, Orlando, Dallas, Atlanta, Colorado Springs, Mobile and Seattle”
Gryphon Investors-backed Right Time Group acquired Sudbury-based Northern Air & Mechanical Systems (669-Heat), its 15th acquisition, bringing the residential HVAC and home-services rollup to 22 locations across five provinces.
“This marks the 15th acquisition completed by Ontario-based Right Time which is majority-owned by San Francisco-based Gryphon Investors. The group continues to add residential HVAC and home services locations to its network, now with 22 locations across Ontario, Manitoba, Saskatchewan, Alberta, and British Columbia.”
The acquisition strengthens Air Pros USA across several Florida counties and adds new service areas including Port St. Lucie, Martin, Pinellas and Pasco counties.
“This acquisition strengthens Air Pros USA as a leading HVAC service company in Broward County, Hillsborough County, and Palm Beach County, while introducing new service areas including Port St. Lucie, Martin, Pinellas & Pasco Counties.”
Air Pros USA, a multi-state HVAC platform, acquired Universal Air and Heat, a South Florida HVAC company, integrating it into the Air Pros USA platform.
“As an Air Pros USA company, Universal Air and Heat will benefit from full operational and sales integration with the Air Pros USA platform to leverage expanded resources and continue building on nearly 25 years of service excellence.”
As an Air Pros USA company, Universal Air and Heat is fully integrated operationally and in sales into the Air Pros USA platform, reflecting the platform's roll-up of South Florida HVAC providers.
“As an Air Pros USA company, Universal Air and Heat will benefit from full operational and sales integration with the Air Pros USA platform to leverage expanded resources and continue building on nearly 25 years of service excellence.”
Air Pros USA acquired Universal Air and Heat, a South Florida air conditioning company, integrating it into the Air Pros USA platform and adding new service areas including Port St. Lucie, Martin, Pinellas and Pasco Counties.
“announced the acquisition of [Universal Air and Heat](”
Air Pros USA describes itself as operating in eight states and more than a dozen metro areas with nearly 600 vehicles, 700 technicians and staff, and ~450,000 customers, integrating acquisitions onto its platform.
“Nationally, Air Pros USA has nearly 600 vehicles, 700 technicians and staff, and serves a customer base of nearly 450,000. Air Pros USA operates in eight states and more than a dozen metro areas including Miami, Orlando, Dallas, Atlanta, Colorado Springs, Mobile and Spokane.”
Air Pros USA acquired Universal Air and Heat, a South Florida air conditioning company in business since 1997, integrating it onto the Air Pros USA platform and adding new service areas including Port St. Lucie, Martin, Pinellas and Pasco counties.
“Air Pros USA
announced the acquisition of
Universal Air and Heat
, a local, highly certified air conditioning company serving South Florida.”
Air Pros USA describes itself as a platform operating in eight states with nearly 600 vehicles, 700 technicians and staff, and a customer base of nearly 450,000.
“Nationally, Air Pros USA has nearly 600 vehicles, 700 technicians and staff, and serves a customer base of nearly 450,000. Air Pros USA operates in eight states and more than a dozen metro areas including Miami, Orlando, Dallas, Atlanta, Colorado Springs, Mobile, and Spokane.”
Air Pros USA acquired South Florida HVAC company Universal Air and Heat, integrating it into the Air Pros USA platform and expanding into new service areas.
“Air Pros USA announced the acquisition of Universal Air and Heat, an air conditioning company serving South Florida. As an Air Pros USA company, Universal Air and Heat will benefit from full operational and sales integration with the Air Pros USA platform to leverage expanded resources and continue building on nearly 25 years of service.”
The 669-Heat deal is Right Time's fifteenth acquisition, and the article confirms Right Time is majority-owned by middle-market PE firm Gryphon Investors and continually seeking new locations.
“Right Time is continuously looking to add new residential HVAC and home services locations to its existing network in Canada. Right Time is majority-owned by Gryphon Investors, a middle-market private equity firm.”
Right Time Group of Companies acquired Sudbury-based residential HVAC firm Northern Air & Mechanical Systems Inc. (d/b/a 669-Heat), its fifteenth acquisition; Right Time is majority-owned by Gryphon Investors.
“Right Time Group of Companies announced it is expanding its presence in Northern Ontario through the acquisition of Northern Air & Mechanical Systems Inc. doing business as 669-Heat.”
Right Time states it is continuously looking to add residential HVAC and home services locations across Canada and confirms Gryphon Investors as majority owner.
“Right Time is continuously looking to add new residential HVAC and home services locations to its existing network in Canada. Right Time is majority-owned by Gryphon Investors, a middle-market private equity firm.”
669-Heat is Right Time's fifteenth completed acquisition; the company is majority-owned by middle-market PE firm Gryphon Investors and continuously seeks new residential HVAC/home services locations in Canada.
“669-Heat is the fifteenth acquisition completed by Right Time.”
Right Time Group of Companies, majority-owned by Gryphon Investors, acquired Sudbury, Ontario HVAC firm 669-Heat (Northern Air & Mechanical Systems), its fifteenth acquisition.
“Right Time Group of Companies announced it is expanding its presence in Northern Ontario through the acquisition of Northern Air & Mechanical Systems Inc. doing business as 669-Heat.”
First Mergers Group LLC served as exclusive sell-side advisor and Nelson Mullins Riley & Scarborough as legal advisor to Southern in the M.E. Flow transaction.
“Michael Price, of First Mergers Group LLC, served as exclusive sell-side advisor to ME Flow Inc's shareholders. Peter Klein served as exclusive legal advisor to the company. Nelson Mullins Riley & Scarborough served as exclusive legal advisor to Southern.”
Southern HVAC Corporation d/b/a Southern Home Services acquired M.E. Flow Inc., a third-generation northern Virginia HVAC and plumbing firm, marking its first acquisition in the Virginia market.
“Southern HVAC Corporation d/b/a Southern Home Services announced the acquisition of M.E. Flow Inc. Since 1951, ME Flow has provided customers throughout northern Virginia and parts of West Virginia with heating, air conditioning and plumbing maintenance, repair, and replacement services.”
Southern HVAC Corporation d/b/a Southern Home Services acquired northern Virginia HVAC/plumbing firm M.E. Flow, its first acquisition in the Virginia market.
“Southern HVAC Corporation d/b/a Southern Home Services announced the acquisition of M.E. Flow Inc. Since 1951, ME Flow has provided customers throughout northern Virginia and parts of West Virginia with heating, air conditioning and plumbing maintenance, repair, and replacement services.”
Strikepoint Group Holdings, a home services roll-up platform, was formerly known as Horizon Group Holdings.
“Strikepoint Group Holdings (SGH), formerly Horizon Group Holdings, a home services companies, announced it has expanded its presence across the South Florida market with three acquisitions:”
Tucson-based Rite Way Heating, Cooling & Plumbing acquired Southern Arizona Plumbing, a leading residential plumbing provider in Pima County, to add plumbing and sewer expertise; founders join Rite Way and operate under its brand.
“Rite Way Heating, Cooling & Plumbing (“Rite Way”), a people-focused heating, air-conditioning, plumbing and electrical company serving the Tucson market, today announced it has acquired Southern Arizona Plumbing (“Southern Arizona”).”
Rite Way, a heating, AC, plumbing and electrical company serving Tucson, acquired Southern Arizona Plumbing, a residential plumbing service provider across Pima County, with the team and founders joining Rite Way and operating under the Rite Way brand.
“Rite Way Heating, Cooling & Plumbing, a people-focused heating, air-conditioning, plumbing, and electrical company serving the Tucson market, announced it has acquired Southern Arizona Plumbing.”
Rite Way Heating, Cooling & Plumbing (Tucson) acquired Southern Arizona Plumbing, a residential plumbing provider across Pima County, adding sewer/plumbing expertise. Southern Arizona will operate under the Rite Way brand. Rite Way had a prior strategic partnership with Redwood Services.
“Rite Way Heating, Cooling & Plumbing, a people-focused heating, air-conditioning, plumbing, and electrical company serving the Tucson market, announced it has acquired Southern Arizona Plumbing.”
The Stallion acquisition brought Service Experts' total U.S. locations to 73; the company operates in 31 states as one of North America's largest HVAC service companies, reflecting an ongoing multi-location expansion strategy.
“bringing the total number of Service Experts locations in the U.S. to 73.”
Service Experts acquired substantially all assets of Stallion Heating, Plumbing & Air Conditioning, a Philadelphia residential HVAC and plumbing company, as its first center in Philadelphia.
“recently announced the acquisition of substantially all of the assets of Stallion Heating, Plumbing & Air Conditioning. (“Stallion”), is a residential HVAC and plumbing company located in Philadelphia, Pennsylvania.”
The Stallion acquisition brought Service Experts to 73 locations in the U.S. across 31 states, evidencing ongoing geographic roll-up expansion of the platform.
“bringing the total number of Service Experts locations in the U.S. to 73.”
Residential HVAC roll-up Service Experts acquired substantially all assets of Stallion Heating, Plumbing & Air Conditioning, a Philadelphia residential HVAC and plumbing company, as its first center in the Philadelphia market.
“(“Service Experts”) recently announced the acquisition of substantially all of the assets of Stallion Heating, Plumbing & Air Conditioning. (“Stallion”), is a residential HVAC and plumbing company located in Philadelphia, Pennsylvania.”
The sell-side in the Air Pros USA / CM Heating deal was represented by Meridian Capital, a Seattle-based middle-market investment bank and M&A advisory firm.
“The sell-side was represented by Meridian Capital, a Seattle-based leading middle market investment bank and M&A advisory firm.”
Air Pros USA describes its platform scale: 650+ vehicles, 800 technicians/staff, 500,000+ customers across eight states and over a dozen metro areas, with the CM Heating deal adding Washington locations.
“Nationally, Air Pros USA has over 650 vehicles, 800 technicians and staff, and serves over 500,000 customers. Air Pros USA operates in eight states and more than a dozen metro areas including Miami, Orlando, Dallas, Atlanta, Colorado Springs, Mobile, and Spokane.”
Air Pros USA acquired CM Heating, a residential HVAC company in Washington's Snohomish/Skagit/King County regions, with full operational and sales integration into the Air Pros USA platform.
“Air Pros USA announced the acquisition of CM Heating, a residential heating and air conditioning company that has been serving Washington across the Snohomish, South Skagit, and North King County regions since 1983.”
Heartland describes itself as a technology-enabled home-services platform operating through 37 brands across several states, serving over 1,000,000 customers, indicating an active roll-up strategy.
“The Company operates through 37 brands across several states.”
Heartland Home Services, a Midwestern HVAC/plumbing/electrical platform, acquired Pat's Heating and Air Conditioning in the greater Milwaukee area as part of its Midwest growth strategy; owners stay on. Terms undisclosed.
“Heartland Home Services (“Heartland”), the Midwestern leader in HVAC, plumbing and electrical home services, is pleased to announce that it has acquired Pat’s Heating and Air Conditioning (“Pat’s”), a leading provider of HVAC services in the greater Milwaukee area.”
The CM Heating deal expanded Air Pros USA's Washington presence with multiple new service locations, building on its 2020 entry into Spokane.
“Air Pros USA strengthens its local presence across Washington, having entered the Spokane market in 2020. Air Pros USA now adds multiple new service locations including Everett, Bothell, Mount Vernon, and Anacortes.”
Air Pros USA acquired CM Heating, a Washington residential HVAC company, integrating it into the Air Pros USA platform and strengthening its Washington presence.
“Air Pros USA announced the acquisition of CM Heating, a residential heating and air conditioning company that has been serving Washington across the Snohomish, South Skagit, and North King County regions since 1983.”
Air Pros USA describes its national consolidation footprint: nearly 600 vehicles, 700 technicians/staff, ~450,000 customers, operating in eight states and more than a dozen metro areas.
“Nationally, Air Pros USA has nearly 600 vehicles, 700 technicians and staff, and serves a customer base of nearly 450,000.”
Air Pros USA, an HVAC consolidation platform, acquired Baton Rouge-area family-owned HVAC company Dream Team Heating and Air, integrating it into the Air Pros USA platform to expand its Louisiana footprint.
“This acquisition expands Air Pros USA’s market reach in Louisiana, having previously acquired Doug’s Service Company in Thibodaux early last spring.”
Heartland Home Services acquired Pat's Heating and Air Conditioning, a family-owned HVAC business in the greater Milwaukee area, continuing its Midwest growth strategy. Terms were not disclosed.
“Heartland Home Services, a Midwestern HVAC, plumbing, and electrical home services company, announced that it has acquired Pat's Heating and Air Conditioning, a provider of HVAC services in the greater Milwaukee area.”
