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Market signals

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.

All Add-on acquisition 497 Consolidation trend 192 Expansion 129 Deal closed 104 Platform formation 74 Leadership change 56 Market commentary 56 Deal announced 55 Fundraise 24 Divestiture 17 Other 16 Sentiment 15 Bankruptcy 5 Deal rumored 4
Clear
Add-on acquisition May 2025 · Florida
Verified

Comfort Systems USA acquires Right Way Plumbing & Mechanical

Comfort Systems USA acquired Right Way Plumbing & Mechanical LLC of Florida on May 1, 2025, for a preliminary purchase price of $64.8 million.

“Comfort Systems USA acquired Right Way Plumbing & Mechanical LLC of Florida on May 1, 2025 for a preliminary $64.8M purchase price ($49.5M cash + $5M seller notes + earn-out + working capital adjustment) per the Q2 2025 10-Q.”
Comfort Systems USA · Acquirer Right Way Plumbing & Mechanical LLC · Target
HVACPlumbing Neutral
ctacquisitions.com
Add-on acquisition Apr 2025 · Kansas City
Verified

Mission Plumbing, Heating & Cooling acquires Ultra Heating & Cooling (Southern Home Services platform)

Mission Plumbing, Heating & Cooling, part of Southern Home Services, acquired Ultra Heating & Cooling in the Kansas City metro effective April 7, 2025, as an inorganic-growth add-on for the platform.

“Mission Plumbing, Heating & Cooling, a trusted name in home services throughout the Kansas City metro, is proud to announce the acquisition of Ultra Heating & Cooling, effective April 7, 2025.”
Southern HVAC (Southern Home Services) · Platform Mission Plumbing, Heating & Cooling · Acquirer Ultra Heating & Cooling · Target
HVACPlumbing
hvacinsider.com
Add-on acquisition Mar 2025 · San Fernando Valley, California
Verified

The SEER Group acquires San Fernando Valley contractor Kilowatt

The SEER Group acquired Kilowatt Heating, Air Conditioning and Electric, an HVAC and electrical services firm in California's San Fernando Valley, strengthening its California presence as part of an ongoing partner-and-grow strategy.

“The SEER Group is strengthening its California presence with the acquisition of Kilowatt Heating, Air Conditioning and Electric, which provides HVAC and electrical services in the San Fernando Valley.”
The SEER Group · Acquirer Kilowatt Heating, Air Conditioning and Electric · Target
ElectricalHVAC
www.achrnews.com
Add-on acquisition Mar 2025 · San Fernando Valley, California
Verified

The SEER Group acquires Kilowatt Heating, Air Conditioning and Electric

The SEER Group acquired San Fernando Valley HVAC and electrical contractor Kilowatt Heating, Air Conditioning and Electric, expanding its California presence as part of its ongoing roll-up partner strategy.

“The SEER Group is strengthening its California presence with the acquisition of Kilowatt Heating, Air Conditioning and Electric, which provides HVAC and electrical services in the San Fernando Valley. Kilowatt was founded in 1990.”
The SEER Group · Acquirer Kilowatt Heating, Air Conditioning and Electric · Target
ElectricalHVAC
www.achrnews.com
Add-on acquisition Mar 2025 · Nevada and Idaho (West U.S.)
Verified

Airtron (Gamut Capital portfolio) acquires Sierra Air Conditioning

Gamut Capital-backed Airtron Heating & Air Conditioning announced it acquired Sierra Air Conditioning and affiliated entities, a residential-new-construction HVAC installer in Nevada and Idaho, expanding Airtron into the U.S. West region.

“Airtron Heating & Air Conditioning (“Airtron”), a leading designer, installer, and maintenance provider for heating, ventilation, and air conditioning (HVAC) systems, announced today it has acquired Sierra Air Conditioning, Inc., Sierra Air Conditioning of Idaho LLC, and Silverado Mechanical LLC (collectively, “Sierra” or the “Company”), a leading installer of HVAC systems to new homes built by national and local homebuilders throughout Nevada and Idaho.”
Airtron Heating & Air Conditioning · Acquirer Gamut Capital Management · Sponsor Sierra Air Conditioning of Idaho LLC · Target Sierra Air Conditioning, Inc. · Target Silverado Mechanical LLC · Target
HVAC Positive
hvacinsider.com
Add-on acquisition Mar 2025 · Nevada and Idaho (West region, United States)
Verified

Gamut-backed Airtron acquires Sierra Air Conditioning (RNC HVAC tuck-in)

Airtron, a Gamut Capital Management portfolio company, acquired Sierra Air Conditioning (plus its Idaho and Silverado Mechanical entities), a leading installer of HVAC for residential new construction in Nevada and Idaho, expanding Airtron into the West region and creating what it calls the first national RNC HVAC installation business.

“Airtron Heating & Air Conditioning (“Airtron”), a leading designer, installer, and maintenance provider for heating, ventilation, and air conditioning (HVAC) systems, announced today it has acquired Sierra Air Conditioning, Inc., Sierra Air Conditioning of Idaho LLC, and Silverado Mechanical LLC (collectively, “Sierra” or the “Company”), a leading installer of HVAC systems to new homes built by national and local homebuilders throughout Nevada and Idaho.”
HVAC
hvacinsider.com
Add-on acquisition Mar 2025 · Nevada and Idaho (Western U.S.)
Verified

Airtron acquires Sierra (HVAC new-construction installer) in Nevada and Idaho

Airtron Heating & Air Conditioning acquired Sierra Air Conditioning Inc., Sierra Air Conditioning of Idaho LLC, and Silverado Mechanical LLC (collectively 'Sierra'), new-home HVAC installers in Nevada and Idaho, expanding Airtron's presence in the Western U.S.

“Airtron Heating & Air Conditioning, which designs, installs, and maintains HVAC systems, has acquired Sierra Air Conditioning Inc., Sierra Air Conditioning of Idaho LLC, and Silverado Mechanical LLC, or, collectively, Sierra, companies that install HVAC systems in new homes throughout Nevada and Idaho.”
Airtron Heating & Air Conditioning · Acquirer Sierra Air Conditioning Inc. · Target Sierra Air Conditioning of Idaho LLC · Target Silverado Mechanical LLC · Target
HVAC
www.achrnews.com
Add-on acquisition Mar 2025 · Nevada and Idaho
Verified

Airtron acquires Sierra (Sierra Air Conditioning, Sierra Air of Idaho, Silverado Mechanical)

Airtron Heating & Air Conditioning acquired the Sierra group of new-home HVAC installers operating in Nevada and Idaho, expanding its presence in the Western U.S.

“Airtron Heating & Air Conditioning, which designs, installs, and maintains HVAC systems, has acquired Sierra Air Conditioning Inc., Sierra Air Conditioning of Idaho LLC, and Silverado Mechanical LLC, or, collectively, Sierra, companies that install HVAC systems in new homes throughout Nevada and Idaho.”
Airtron Heating & Air Conditioning · Acquirer Sierra Air Conditioning Inc. · Target Sierra Air Conditioning of Idaho LLC · Target Silverado Mechanical LLC · Target
Add-on acquisition Feb 2025 · Southeast U.S.
Verified

UBS Adds Temperature Control Services to Platform

United Building Solutions (UBS) has incorporated Temperature Control Services (TCS) as part of its initial steps to build a leading multi-regional commercial HVAC platform. TCS expands UBS's footprint into the Southeast U.S., a fast-growing HVAC market.

“With the incorporation of TCS, we have taken the first steps in establishing UBS as a leading, multi-regional platform committed to addressing that demand”
HVAC Positive
aeroequity.com
Add-on acquisition Jan 2025 · Northwest Ohio
Verified

Exigent's second Northwest Ohio acquisition following Smith-Boughan partnership

The Premier deal is Exigent's second acquisition in Northwest Ohio, following its July 2024 partnership with Lima-based Smith-Boughan Mechanical.

“The deal marks Exigent’s second acquisition in Northwest Ohio, following its partnership with Smith-Boughan Mechanical in July 2024.”
Exigent Group · Platform Smith-Boughan Mechanical · Target
Add-on acquisition Jan 2025 · Lima, Ohio
Verified

Huron Capital's Exigent Group (via Smith-Boughan) acquires Premier Mechanical

Huron Capital portfolio company The Exigent Group, through its Smith-Boughan Mechanical company, acquired Premier Mechanical, a commercial and industrial HVAC and mechanical services company in Lima, Ohio. It marks Exigent's second Northwest Ohio acquisition.

“Leading lower middle-market private equity firm Huron Capital announced that its portfolio company, The Exigent Group, along with an Exigent Group company, Smith-Boughan Mechanical, has acquired Premier Mechanical.”
Exigent Group · Platform Huron Capital Partners · Sponsor Premier Mechanical · Target Smith-Boughan Mechanical · Acquirer
Add-on acquisition Jan 2025 · Lima, OH
Verified

Exigent Acquires Premier Mechanical

Exigent Group acquired Premier Mechanical, an HVAC service provider in Lima, OH, folding it into its Ohio operating company Smith-Boughan. The deal expands Exigent's Midwestern service business and customer footprint.

“Exigent welcomes Premier Mechanical to the Exigent team! Premier is located in Lima, OH and provides HVAC service to commercial customers from Toledo to Columbus to Cleveland. Premier folds into our Ohio operating company Smith-Boughan, substantially boosting our Midwestern service business and expanding our customer footprint.”
Add-on acquisition Jan 2025 · Lima, OH
Verified

Exigent acquires Premier Mechanical in Ohio

Exigent Group acquired Premier Mechanical, an HVAC service provider in Lima, OH, which will be folded into its Ohio operating company Smith-Boughan, expanding its Midwestern service business and customer footprint.

“Exigent welcomes Premier Mechanical to the Exigent team! Premier is located in Lima, OH and provides HVAC service to commercial customers from Toledo to Columbus to Cleveland. Premier folds into our Ohio operating company Smith-Boughan, substantially boosting our Midwestern service business and expanding our customer footprint.”
Add-on acquisition Jan 2025 · Pittsburgh, Pennsylvania
Verified

Sila Services acquires Sullivan Super Service (Pittsburgh)

Sila Services acquired Sullivan Super Service Plumbing, Heating and Cooling, a Pittsburgh-based home comfort provider established in 1964, to strengthen its presence in Western Pennsylvania.

“Sila Services, LLC is proud to announce the acquisition of Sullivan Super Service Plumbing, Heating and Cooling, a leading provider of home comfort services based in Pittsburgh, Pennsylvania.”
Sila Services · Acquirer Sullivan Super Service · Target
HVACPlumbing
www.achrnews.com
Add-on acquisition Jan 2025 · Pittsburgh / Western Pennsylvania, USA
Verified

Sila Services acquires Sullivan Super Service in Pittsburgh

Sila Services acquired Sullivan Super Service Plumbing, Heating and Cooling, a Pittsburgh-based home comfort provider, strengthening Sila's presence across Western Pennsylvania.

“Sila Services, LLC is proud to announce the acquisition of Sullivan Super Service Plumbing, Heating and Cooling, a leading provider of home comfort services based in Pittsburgh, Pennsylvania.”
Sila Services · Acquirer Sullivan Super Service · Target
HVACPlumbing Positive
www.achrnews.com
Add-on acquisition Jan 2025 · Massachusetts
Verified

NexCore Acquires FX Automation as Tuck-In

NexCore acquired FX Automation, a building automation systems specialist, as a tuck-in acquisition to Accutemp Engineering to deepen technical capabilities in smart buildings.

“FX Automation, acquired as a “tuck-in” to Accutemp, specializes in commercial HVAC controls and building automation systems (BAS).”
NexCore · Acquirer Trinity Hunt Partners · Sponsor Accutemp Engineering · Parent FX Automation · Target
HVAC Positive
briefglance.com
Add-on acquisition Jan 2025 · Connecticut
Verified

NexCore Acquires Action Air Systems

NexCore acquired Connecticut-based Action Air Systems as part of its 2025 acquisition push, expanding its workforce and geographic footprint.

“The acquisitions of Connecticut’s Action Air Systems and Massachusetts-based Accutemp Engineering and FX Automation have pushed NexCore’s total workforce to over 900 employees across six operating hubs.”
HVAC Positive
briefglance.com
Verified

Sila Services completes six plumbing-relevant add-ons in 2025

Sila Services led disclosed plumbing-relevant add-on acquisitions in 2025 with six deals, including Norfolk Air, Guy Smith, Delco Storm & Sewer, Live Free, My Plumber Plus, and Ahrens / Tangney.

“Sila Services led with six 2025 plumbing-relevant adds (Norfolk Air, Guy Smith, Delco Storm & Sewer, Live Free, My Plumber Plus, Ahrens / Tangney).”
HVACPlumbing Neutral
ctacquisitions.com
Add-on acquisition Dec 2024 · Sterling, Virginia
Verified

Sila Services acquires John Nugent & Sons (Northern Virginia)

Sila Services acquired John Nugent & Sons, a family-owned HVAC, plumbing, and electrical contractor in Sterling, Virginia serving Northern Virginia since 1975, expanding Sila's presence in the Washington, D.C. area.

“Sila Services has acquired John Nugent & Sons, a family-owned and -operated HVAC, plumbing, and electrical company in Sterling, Virginia, that has served Northern Virginia since 1975.”
Sila Services · Acquirer John Nugent & Sons · Target
ElectricalHVACPlumbing
www.achrnews.com
Add-on acquisition Dec 2024 · Northern Virginia / Washington, D.C., USA
Verified

Sila Services acquires John Nugent & Sons in Northern Virginia

Sila Services acquired John Nugent & Sons, a family-owned HVAC, plumbing, and electrical company in Sterling, Virginia, expanding Sila's presence in the Washington, D.C., area.

“Sila Services has acquired John Nugent & Sons, a family-owned and -operated HVAC, plumbing, and electrical company in Sterling, Virginia, that has served Northern Virginia since 1975.”
ElectricalHVACPlumbing Positive
www.achrnews.com
Add-on acquisition Dec 2024 · Pittsburgh, Pennsylvania
Verified

Sila Services acquires A-Comfort Service, enters Pittsburgh market

Sila Services acquired Pittsburgh HVAC and plumbing company A-Comfort Service, expanding its presence across Western Pennsylvania and entering the Pittsburgh market.

“Sila Services has acquired A-Comfort Service, a leading HVAC and plumbing company located in Pittsburgh, Pennsylvania.”
Sila Services · Platform A-Comfort Service · Target
HVACPlumbing
www.achrnews.com
Add-on acquisition Dec 2024 · Pittsburgh, Pennsylvania
Verified

Sila Services acquires A-Comfort Service, entering Pittsburgh market

Sila Services acquired A-Comfort Service, a Pittsburgh HVAC and plumbing company, expanding its presence across Western Pennsylvania and entering the Pittsburgh market.

“Sila Services has acquired A-Comfort Service, a leading HVAC and plumbing company located in Pittsburgh, Pennsylvania.”
Sila Services · Acquirer A-Comfort Service · Target
HVACPlumbing
www.achrnews.com
Add-on acquisition Dec 2024 · Ocean and Monmouth Counties, Central New Jersey
Verified

Punctual Pros acquires Horvath Home Services

Punctual Pros, a leading operator of One Hour Heating & Air Conditioning, Benjamin Franklin Plumbing and Mister Sparky Electric, acquired Horvath Home Services, expanding into Ocean and Monmouth Counties in Central New Jersey. This is Punctual Pros' first out-of-state acquisition since being acquired by Broad Sky Partners earlier in 2024.

“Punctual Pros, a leading operator of One Hour Heating & Air Conditioning, Benjamin Franklin Plumbing and Mister Sparky Electric, has acquired Horvath Home Services, expanding its footprint into Ocean and Monmouth Counties in Central New Jersey. The deal is Punctual Pros' first out-of-state acquisition since the company was acquired by Broad Sky Partners earlier in 2024 and is intended to drive mid-Atlantic geographic expansion and operational synergies.”
Benjamin Franklin Plumbing · Mentioned Broad Sky Partners · Sponsor Horvath Home Services · Target Mister Sparky Electric · Mentioned One Hour Heating & Air Conditioning · Mentioned Punctual Pros · Acquirer
ElectricalHVACPlumbing Neutral
privsource.com
Add-on acquisition Nov 2024 · New Berlin, Wisconsin, USA
Verified

Sila Services acquires New Berlin Heating & Air Conditioning

PE-backed home-services platform Sila Services acquired New Berlin Heating & Air Conditioning, a Milwaukee-area HVAC contractor, expanding its Midwest footprint.

“Sila Services has acquired New Berlin Heating & Air Conditioning, a provider of HVAC services based in New Berlin, Wisconsin.”
Sila Services · Acquirer New Berlin Heating & Air Conditioning · Target
HVAC
www.achrnews.com
Add-on acquisition Nov 2024 · New Berlin, Wisconsin
Verified

Sila Services acquires New Berlin Heating & Air Conditioning (Milwaukee area)

PE-backed home-services platform Sila Services acquired New Berlin Heating & Air Conditioning, a Wisconsin HVAC contractor, expanding its Midwest footprint.

“PHILADELPHIA — Sila Services has acquired New Berlin Heating & Air Conditioning, a provider of HVAC services based in New Berlin, Wisconsin.”
Sila Services · Acquirer New Berlin Heating & Air Conditioning · Target
Add-on acquisition Oct 2024 · Tucson, AZ

Rite Way Expands into Plumbing and Electrical via Acquisitions

Under Redwood's ownership, Rite Way acquired companies to expand beyond HVAC into plumbing and electrical services, growing its service offerings and customer base.

“Under Redwood, the company has gone from $30 million in annual revenue to around $70 million. Along the way, Rite Way acquired companies to expand beyond HVAC, with plumbing and electrical services.”
Redwood Services · Parent Rite Way · Acquirer
ElectricalHVACPlumbing Positive
investmentcouncil.org
Add-on acquisition Sep 2024 · Niles, Ohio (Mahoning Valley)
Verified

Sila Services acquires Ohio plumbing/HVAC contractor A to Z Dependable Services

Sila Services acquired A to Z Dependable Services, a plumbing and HVAC provider in Niles, Ohio, broadening its reach across Ohio and the Midwest as part of its home-services platform.

“PHILADELPHIA — Sila Services has acquired A to Z Dependable Services, a plumbing and HVAC service provider based in Niles, Ohio.”
Sila Services · Acquirer A to Z Dependable Services · Target
HVACPlumbing Positive
www.achrnews.com
Add-on acquisition Sep 2024 · Niles, Ohio (Mahoning Valley), Midwest
Verified

Sila Services acquires A to Z Dependable Services (Niles, Ohio)

Sila Services, a roll-up platform of home-services contractors, acquired A to Z Dependable Services, a plumbing and HVAC provider in Niles, Ohio, expanding its footprint across Ohio and the Midwest.

“PHILADELPHIA — Sila Services has acquired A to Z Dependable Services, a plumbing and HVAC service provider based in Niles, Ohio.”
Sila Services · Acquirer A to Z Dependable Services · Target Brian Pritchard · Mentioned Jason Rabbino · Mentioned
HVACPlumbing Positive
www.achrnews.com
Add-on acquisition Sep 2024 · Vero Beach, Florida
Verified

Del-Air (Astara Capital-backed) acquires ARS/Rescue Rooter Vero Beach

Del-Air Plumbing, Air Conditioning and Electric, majority owned by Astara Capital Partners, acquired ARS/Rescue Rooter Vero Beach, a Florida east-coast plumbing/AC/heating contractor.

“Del-Air Plumbing, Air Conditioning and Electric has acquired ARS/Rescue Rooter Vero Beach.”
American Residential Services (ARS/Rescue Rooter) · Target Astara Capital Partners · Sponsor Del-Air · Acquirer
ElectricalHVACPlumbing
www.achrnews.com
Add-on acquisition Aug 2024 · Cherry Hill, New Jersey, USA
Verified

Sila Services acquires Allied Experts to expand in New Jersey

Sila Services, LLC acquired Allied Experts, a Cherry Hill, NJ home comfort service provider offering heating, cooling, plumbing, and home performance, as a tuck-in expanding Sila's residential home-services footprint in New Jersey.

“Sila Services, LLC is pleased to announce its acquisition of Allied Experts, a leading home comfort service provider based in Cherry Hill, New Jersey.”
Home performanceHVACPlumbing
www.achrnews.com
Add-on acquisition Aug 2024 · New Jersey
Verified

Sila Services acquires Allied Experts (NJ home services)

Roll-up platform Sila Services acquired Allied Experts, a Cherry Hill, NJ HVAC/plumbing/home-performance provider, expanding its New Jersey presence.

“Sila Services, LLC is pleased to announce its acquisition of Allied Experts, a leading home comfort service provider based in Cherry Hill, New Jersey. Founded in 2009, Allied Experts has built a strong reputation for delivering high-quality heating, cooling, plumbing, and home performance solutions across New Jersey.”
Home performanceHVACPlumbing
www.achrnews.com
Add-on acquisition Aug 2024 · Cherry Hill, New Jersey
Verified

Sila Services acquires Allied Experts

Sila Services, a home services platform, acquired Allied Experts, a Cherry Hill, New Jersey-based provider of HVAC, plumbing, and home performance solutions. The acquisition expands Sila's presence in New Jersey.

“Sila Services, a home services platform, has acquired Allied Experts, a Cherry Hill, New Jersey-based provider of HVAC, plumbing, and home performance solutions. The acquisition expands Sila's presence in New Jersey and adds Allied's home comfort and energy-efficiency capabilities to Sila's platform.”
Home performanceHVACPlumbing Neutral
privsource.com
Add-on acquisition Aug 2024 · Port St. Lucie, Florida, USA
Verified

Southern Home Services acquires Elite Electric, Plumbing & Air (Port St. Lucie, FL)

Southern Home Services (Southern HVAC) acquired Elite Electric, Plumbing & Air of Port St. Lucie, Florida, expanding its coverage along the I-95 corridor. Elite continues under its current name.

“PORT ST. LUCIE, Fla. — Southern Home Services has acquired Elite Electric, Plumbing & Air, based in Port St. Lucie, Florida.”
Southern HVAC (Southern Home Services) · Acquirer Elite Electric, Plumbing & Air · Target
ElectricalHVACPlumbing Positive
www.achrnews.com
Add-on acquisition Jul 2024 · Falls Creek, Pennsylvania
Verified

Sila Services acquires Gary & Sons in Falls Creek, Pennsylvania

Sila Services acquired Gary & Sons Inc., a Falls Creek, Pennsylvania heating and cooling company founded in 1978, as part of its stated expansion strategy across Pennsylvania and the Mid-Atlantic.

“PHILADELPHIA — Sila Services has acquired of Gary & Sons Inc., a heating and cooling company in Falls Creek, Pennsylvania.”
Sila Services · Platform Gary & Sons Inc. · Target
HVAC
www.achrnews.com
Add-on acquisition Jul 2024 · Falls Creek, Pennsylvania, USA
Verified

Sila Services acquires Gary & Sons, a Falls Creek, PA HVAC contractor

Sila Services, a multi-region home-services platform, acquired Gary & Sons Inc., a heating and cooling company in Falls Creek, Pennsylvania, continuing its acquisition-led expansion across Pennsylvania and the Mid-Atlantic.

“PHILADELPHIA — Sila Services has acquired of Gary & Sons Inc., a heating and cooling company in Falls Creek, Pennsylvania.”
Sila Services · Acquirer Gary & Sons Inc. · Target
Add-on acquisition Jun 2024 · Western Washington / Pacific Northwest
Verified

CoolSys acquires Universal Refrigeration Inc.

CoolSys acquired Universal Refrigeration Inc., an HVAC and refrigeration service provider in Western Washington, to deepen its market presence and service network in the Pacific Northwest.

“CoolSys has acquired Universal Refrigeration Inc., an HVAC service provider with expertise in the installation and servicing of heating, air-conditioning, and refrigeration systems for commercial, industrial, and residential customers throughout Western Washington.”
HVACRefrigeration
www.achrnews.com
Add-on acquisition Jun 2024 · Toronto, Ontario, Canada
Verified

Right Time Group acquires Belyea Bros. of Toronto

Right Time Group of Companies acquired Toronto-based Belyea Bros., a heating/plumbing institution dating to 1908. Right Time now operates 27 locations across Canada and is majority-owned by PE firm Gryphon Investors.

“Right Time Group of Companies has acquired Toronto -based Belyea Bros., an institution in the Toronto plumbing and heating trades dating back to 1908.”
ElectricalHVACPlumbing
www.hpacmag.com
Add-on acquisition Jun 2024 · Southeast and Great Lakes region
Verified

RD&S Add-on Acquisition of GMS Services

RD&S, a platform company of Kelvin Group and Southfield Capital, made an add-on acquisition of GMS Services to expand its commercial refrigeration service capabilities and geographic reach into the Southeast and Great Lakes region.

“This acquisition marks a significant milestone in RD&S's growth trajectory, significantly expanding its geographic footprint within the Southeast and Great Lakes region as well as enhancing its commercial refrigeration service offerings.”
GMS Services, LLC · Target Southfield Capital · Sponsor Kelvin Group · Parent Refrigeration Design and Service · Platform
HVACRefrigeration Positive
www.contractingbusiness.com
Verified

Sila Services has acquired roughly 35 companies building its platform

Sila's CEO states the company has acquired about 35 companies while building its home-services platform, targeting healthy businesses rather than turnarounds.

“in our several years of building a platform, we've acquired about 35 companies along the way. And with all those, we actually want to make them better. We don't acquire companies that are in trouble and try to fix them.”
ElectricalHVACPlumbing