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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. 55 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
Deal announced Nov 2011 · Greensboro, North Carolina
Verified

Comfort Systems USA Acquires Majority Interest in Environmental Air Systems

Comfort Systems USA, Inc. announced the acquisition of a majority interest in Environmental Air Systems, a mechanical contractor based in Greensboro, North Carolina. The deal was reported in a press release dated November 3, 2011.

“Attached as Exhibit 99.3 is a copy of a press release of the Company dated November 3, 2011 announcing the Company’s acquisition of a majority interest in Environmental Air Systems, a mechanical contractor headquartered in Greensboro, North Carolina.”
HVAC Neutral
sec.gov
Deal announced Feb 2008 · Mount Crawford, Virginia
Verified

Comfort Systems USA to acquire Riddleberger Brothers, Inc.

Comfort Systems USA, Inc. entered into a Stock Purchase Agreement to acquire all outstanding stock of Riddleberger Brothers, Inc., a commercial HVAC company based in Virginia, for $23 million cash, an $11 million note, and a three-year earn-out.

“Effective February 29, 2008, Comfort Systems USA, Inc., a Delaware corporation (the “Company”) entered into a Stock Purchase Agreement By and Between the Company and James P. Young to acquire all of the issued and outstanding stock of Riddleberger Brothers, Inc., a Virginia corporation (the “Agreement”).”
Comfort Systems USA · Acquirer Riddleberger Brothers, Inc. · Target
HVAC Neutral
sec.gov
Verified

EMCOR Group to acquire Ohmstede from First Reserve for $457M

EMCOR Group, Inc. entered into a definitive agreement to acquire FR X Ohmstede Acquisitions Co. (Ohmstede) from FR X Ohmstede Holdings LLC, a portfolio company of private equity firm First Reserve Corporation, for approximately $457 million in cash. The acquisition will be financed through available cash and up to $350 million in debt financing.

“On August 20, 2007, EMCOR Group, Inc. (the “Company”), a Delaware corporation, entered into a Purchase and Sale Agreement (the “Purchase Agreement”) with FR X Ohmstede Holdings LLC, a Delaware limited liability company (“Ohmstede Holdings”), for the Company to acquire all of the outstanding capital stock of FR X Ohmstede Acquisitions Co., a Delaware corporation (along with its subsidiaries, “Ohmstede”), in exchange for approximately $457 million in cash to be paid to Ohmstede Holdings. Ohmstede Holdings is a portfolio company of private equity firm First Reserve Corporation.”
EMCOR Group Inc. · Acquirer FR X Ohmstede Acquisitions Co. · Target FR X Ohmstede Holdings LLC · Target First Reserve Corporation · Sponsor
Other Neutral
sec.gov
Deal announced Jan 2007 · Modesto, California
Verified

Buckeye Ventures Acquires Barnett Heating & Air

Buckeye Ventures, Inc. announced the acquisition of Barnett Heating and Air Conditioning Services, Inc., a Modesto, California-based HVAC company founded in 1961. The deal is expected to add $3.5 million to Buckeye's annual revenue and expand its regional operations, leveraging synergies with its existing Energy King operation in Sacramento.

“Buckeye Ventures, Inc. (OTCBB:BEYV - News) announced today that it has acquired Barnett Heating and Air Conditioning Services, Inc., based in Modesto, California.”
Energy King · Subsidiary Barnett Heating and Air Conditioning Services, Inc. · Target Buckeye Ventures, Inc. · Acquirer
HVAC Positive
sec.gov
Deal announced Dec 2005 · United Kingdom
Verified

Emerson Acquires Oaksmere Refrigeration Design and Consultancy Ltd.

Emerson Climate Technologies announced the acquisition of Oaksmere Refrigeration Design and Consultancy Ltd., a UK-based provider of design, project management, and maintenance management for the supermarket retail industry. The deal aims to expand Emerson's customer base and enhance its solutions for the global supermarket industry.

“Emerson Climate Technologies, a business of Emerson, has announced the acquisition of Oaksmere Refrigeration Design and Consultancy Ltd., a leading provider in the United Kingdom of design, project management, and maintenance management for the supermarket retail industry.”
Refrigeration Positive
www.achrnews.com