hvacrollups.com

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. 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.

All Add-on acquisition 583 Consolidation trend 244 Deal closed 229 Expansion 182 Deal announced 93 Platform formation 88 Market commentary 79 Leadership change 68 Fundraise 31 Sentiment 26 Divestiture 18 Other 17 Deal rumored 6 Bankruptcy 5 Regulatory 1
Clear
Add-on acquisition Sep 2007 · Jacksonville, Florida
Verified

ARS acquires Florida Home Air Conditioning Co.

American Residential Services (ARS) purchased Jacksonville-based Florida Home Air Conditioning Co. as part of its nationwide growth-through-acquisition strategy, expanding into the north Florida market. Owner and staff retained.

“JACKSONVILLE, Fla. - American Residential Services L.L.C. (ARS), a privately held, nationwide provider of HVAC services, has purchased Jacksonville-based Florida Home Air Conditioning Co. as part of its strategy for continued growth through acquisitions.”
American Residential Services (ARS/Rescue Rooter) · Acquirer Florida Home Air Conditioning Co. · Target
Add-on acquisition Jun 2000 · San Diego, CA
Verified

ARS acquires Maurice Maio's plumbing/HVAC and marketing companies

American Residential Services (ARS) acquired Maio Plumbing, Heating and Air and Maio Marketing Systems, two San Diego-based companies, as pooling-of-interest transactions.

“The two San Diego, CA-based companies - Maio Plumbing, Heating and Air Inc. and Maio Marketing Systems Inc. - were acquired as pooling of interest transactions.”
HVACPlumbing
www.pmmag.com
Add-on acquisition Undated · Iowa
Verified

Mechanical Service Inc. acquired by PremiStar

PremiStar acquired Mechanical Service of Iowa (MSI) as a platform add-on to build out its PE-backed HVAC footprint and service capacity.

“Mechanical Service of Iowa (MSI) acquired as a platform add-on for PremiStar — transaction completed, building out the PE-backed platform’s HVAC footprint and service capacity.”
PremiStar · Acquirer Mechanical Service Inc. · Target
Add-on acquisition Undated · Fort Wayne, Indiana
Verified

Waldinger Corporation acquires Project Design and Piping

The Waldinger Corporation acquired Fort Wayne-based Project Design and Piping, expanding its Midwest footprint and establishing its first branch in Indiana while retaining local leadership under the PDP name.

“The Waldinger Corporation has acquired Fort Wayne–based Project Design and Piping, expanding its Midwest footprint and establishing its first branch in Indiana. Waldinger's acquisition of Project Design and Piping brings all 42 employees into its ranks, marking a strategic move into the Indiana market while maintaining local leadership and operations under the PDP name.”
The Waldinger Corporation · Acquirer Project Design and Piping, Inc. · Target
Plumbing Positive
pmmag.com
Add-on acquisition Undated · Springfield, Oregon
Verified

Acquisition of Comfort Flow

Service Logic has acquired Comfort Flow Heating, a Springfield, Oregon-based company with over 58 years of history serving the Willamette Valley and statewide market with HVAC products and services.

“### Comfort Flow #### Springfield, Oregon Small enough to listen, large enough to deliver. Comfort Flow Heating has been a fixture in the Willamette Valley and has extended to the entire state of Oregon for over 58 years. In that time, they have developed a reputation for providing exceptional products and services with over 50,000 businesses and home owners.”
Service Logic · Acquirer Comfort Flow · Target
HVAC Positive
servicelogic.com
Add-on acquisition Undated · Fenton, Missouri
Verified

Acquisition of ACES Automatic Controls

Service Logic has acquired ACES Automatic Controls, located in Fenton, Missouri, which focuses on innovative building automation systems to improve comfort, efficiency, and connectivity.

“### ACES Automatic Controls #### Fenton, Missouri Improve Comfort, Efficiency, Connectivity, and Save Energy With an Innovative Building Automation System”
Service Logic · Acquirer ACES Automatic Controls · Target
HVAC Neutral
servicelogic.com
Add-on acquisition Undated · Oakville, Ontario
Verified

Acquisition of Naylor Building Partnerships

Service Logic has added Naylor Building Partnerships from Oakville, Ontario, to its portfolio. Naylor provides multi-trade solutions including HVAC & refrigeration, electrical, plumbing, and compressed air services.

“### Naylor Building Partnerships #### Oakville, Ontario Committed to People. Dedicated Professionals. Client-Focused Commitment. Long-lasting partnerships in multi-trade solutions in HVAC & refrigeration, electrical, plumbing, and compressed air services.”
Service Logic · Acquirer Naylor Building Partnerships · Target
ElectricalHVACPlumbingRefrigeration Neutral
servicelogic.com
Add-on acquisition Undated · Dartmouth, Nova Scotia
Verified

Acquisition of Advanced Energy Management, Ltd

Service Logic has acquired Advanced Energy Management, Ltd, a company based in Dartmouth, Nova Scotia, that specializes in supplying, installing, and servicing automation controls for HVAC systems and central energy plants.

“### Advanced Energy Management, Ltd #### Dartmouth, Nova Scotia Since 1985, Advanced Energy Management, Ltd has supplied, installed, and serviced automation controls in order to optimize heating, ventilation, and air conditioning (HVAC) systems and central energy plants.”
Service Logic · Acquirer Advanced Energy Management, Ltd · Target
HVAC Neutral
servicelogic.com
Verified

Alliance Group acquires Nolin Control Systems

Alliance Group, a partner of the commercial HVAC platform NexCore, completed a tuck-in acquisition of Nolin Control Systems. The deal expands Alliance's controls service offerings and leverages its infrastructure for recruiting, IT, and purchasing.

“Alliance Group, LLC, a NexCore partner, announced the successful tuck-in acquisition of Nolin Control Systems, LLC (“Nolin Control”). This strategic partnership represents an important step in Alliance’s growth strategy and expands the company’s controls service offerings.”
NexCore · Platform Alliance Group, LLC · Acquirer Nolin Control Systems, LLC · Target
HVAC Positive
Source
Add-on acquisition Undated · Washington
Verified

The SEER Group acquired multiple WA HVAC/plumbing firms

The SEER Group acquired Alexander's Heating & Air Conditioning, Black Lion Heating & Air Conditioning, Brennan Heating & Air Conditioning, Lifetime Heating, Cooling, & Electric, Nolan Heating & Air, Performance Mechanical Group, Puyallup Heating & Air Conditioning, Raymark Plumbing & Sewer, Spokane Comfort Systems, Taylor Heating & Air Conditioning, Sturm Heating & Air Conditioning, and The Barton Boys Heating & Air Conditioning in the last 6 years.

“A different firm called "The SEER Group" acquired these in the last 6 years: Alexander's Heating & Air Conditioning (Puget Sound) Black Lion Heating & Air Conditioning (Puget Sound) Brennan Heating & Air Conditioning (Puget Sound) Lifetime Heating, Cooling, & Electric (Puget Suond) Nolan Heating & Air (Colfax/Whitman County) Performance Mechanical Group (Puget Sound) Puyallup Heating & Air Conditioning (Pierce County) Raymark Plumbing & Sewer (Puget Sound) Spokane Comfort Systems (Spokane) Taylor Heating & Air Conditioning (Puget Sound) Sturm Heating & Air Conditioning (Spokane) The Barton Boys Heating & Air Conditioning (Spokane)”
Nolan Heating & Air · Target Sturm Heating & Air Conditioning · Target The SEER Group · Acquirer Alexander's Heating & Air Conditioning · Target Black Lion Heating & Air Conditioning · Target Brennan Heating & Air Conditioning · Target Lifetime Heating, Cooling, & Electric · Target Performance Mechanical Group · Target Puyallup Heating & Air Conditioning · Target Raymark Plumbing & Sewer · Target Spokane Comfort Systems · Target Taylor Heating & Air Conditioning · Target
HVACPlumbing Neutral
reddit.com
Add-on acquisition Undated · Washington
Verified

Apex Service Partners acquired multiple WA HVAC/plumbing firms

A national roll-up private equity firm called Apex Service Partners based in Tampa, FL quietly acquired BelRed Energy Solutions, Cougar Mechanical, CPI Plumbing & Heating, Gene Johnson Plumbing, Henco Plumbing, and Sunset Heating & Cooling in the last 2-3 years.

“A national roll-up private equity firm called "Apex Service Partners" based in Tampa, FL quietly acquired these firms in the last 2-3 years: BelRed Energy Solutions (Puget Sound) Cougar Mechanical/Cougar Heating (Spokane) CPI Plumbing & Heating (Mount Vernon/Skagit County) Gene Johnson Plumbing (Puget Sound) Henco Plumbing (Vancouver/Clark County) Sunset Heating & Cooling (Portland)”
Apex Service Partners · Acquirer BelRed Energy Solutions · Target CPI Plumbing & Heating · Target Cougar Mechanical · Target Gene Johnson Plumbing · Target Henco Plumbing · Target Sunset Heating & Cooling · Target
HVACPlumbing Neutral
reddit.com
Verified

Enervise Joins Solidaire as Foundational Partner

Enervise, a commercial HVAC, plumbing, and building automation controls business, has been acquired as the foundational partner for the newly formed Solidaire platform. The partnership aims to enhance resources and accelerate growth.

“Enervise has built an exceptional reputation through a differentiated, service-centric business model, making it an ideal foundational partner for the Solidaire platform.”
HVACPlumbing Positive
percheron.com
Add-on acquisition Undated · Maitland, Florida
Verified

Southern Home Services acquires Dunn's HVAC, Plumbing & Electrical

Gryphon-backed Southern Home Services, a consolidator of home services businesses, has acquired Dunn's HVAC, Plumbing & Electrical. The deal expands Southern Home Services' footprint in residential HVAC, plumbing, and electrical services.

“Gryphon-backed Southern Home Services scoops up Dunn’s HVAC, Plumbing & Electrical”
ElectricalHVACPlumbing Neutral
pehub.com
Add-on acquisition Undated · Lancaster, Pennsylvania
Verified

Len The Plumber Acquires Neffsville Plumbing, Heating & Cooling Services

Len The Plumber, a portfolio company of Thompson Street Capital Partners, has completed the acquisition of Neffsville Plumbing, Heating & Cooling Services, a residential plumbing and HVAC company in Lancaster, Pennsylvania. The deal expands LTP's geographic footprint in the Mid-Atlantic region.

“Thompson Street Capital Partners (TSCP), a private equity firm based in St. Louis, today announced its portfolio company Len The Plumber (LTP), a leading full-service residential plumbing company headquartered in Baltimore, Maryland, with branches serving the Mid-Atlantic region, has completed the acquisition of Neffsville Plumbing, Heating & Cooling Services (Neffsville), a full-service residential plumbing and HVAC company headquartered in Lancaster, Pennsylvania.”
Len the Plumber · Acquirer Neffsville Plumbing, Heating & Cooling Services · Target Thompson Street Capital Partners · Sponsor
HVACPlumbing Neutral
tscp.com
Add-on acquisition Undated · Land O' Lakes, FL; Reading, PA; Levittown, PA
Verified

P1 Service Group Acquires Three HVAC/Plumbing Companies

Edgewater Funds' portfolio company P1 Service Group has acquired Cornerstone Air Conditioning & Heating in Florida, The Plumbing Works in Pennsylvania, and J&M Plumbing & Drain Cleaning in Pennsylvania. These are add-on acquisitions to expand P1's regional market presence.

“Edgewater Growth Capital Partners IV, L.P. (“Edgewater”) is pleased to announce that its portfolio company P1 Service Group (“P1”) has acquired three HVAC companies: Cornerstone Air Conditioning & Heating, Inc. (“Cornerstone”) in Land O’ Lakes, FL, The Plumbing Works (“Plumbing Works”) in Reading, PA and J&M Plumbing & Drain Cleaning (“J&M”) in Levittown, PA.”
P1 Service Group · Acquirer Cornerstone Air Conditioning & Heating, Inc. · Target Edgewater Funds · Sponsor J&M Plumbing & Drain Cleaning · Target The Plumbing Works · Target
ElectricalHVACPlumbing Positive
edgewaterfunds.com
Verified

Southern Home Services acquires Blazer Heating, Air & Plumbing

Gryphon-backed Southern Home Services, a consolidator of home service brands, has acquired Blazer Heating, Air & Plumbing. The deal expands Southern Home Services' footprint in the home services market.

“Gryphon-backed Southern Home Services acquires Blazer Heating, Air & Plumbing”
HVACPlumbing Neutral
pehub.com
Add-on acquisition Undated · Reading, Pennsylvania
Verified

P1 Service Group Acquires Essig Plumbing & Heating

Edgewater Funds' portfolio company P1 Service Group has acquired Essig Plumbing & Heating, a residential HVAC and plumbing services provider based in Reading, Pennsylvania. This acquisition expands P1's platform reach into the Mid-Atlantic region. Essig's owner, Steve Essig, will continue to lead day-to-day operations and become a shareholder in the combined organization.

“Edgewater Growth Capital Partners IV, L.P. (“Edgewater”) is pleased to announce that its portfolio company P1 Service Group (“P1”) has acquired Essig Plumbing & Heating (“Essig” or the “Company”), a Reading, Pennsylvania-based, residential heating, ventilation, air-conditioning (“HVAC”) and plumbing services provider that expands the platform’s reach to the Mid-Atlantic region.”
P1 Service Group · Acquirer Essig Plumbing & Heating · Target The Edgewater Funds · Sponsor
HVACPlumbing Positive
edgewaterfunds.com
Add-on acquisition Undated · Eastern Pennsylvania, USA
Verified

Sila Services acquires Oxford Plumbing & Heating, continuing Eastern PA roll-up

Sila Services, a national home-services platform, acquired Oxford Plumbing & Heating, a residential provider, continuing its expansion in Eastern Pennsylvania.

“Sila Services, LLC, a leading national home services platform, is proud to announce the acquisition of Oxford Plumbing & Heating, a trusted provider of residential”
Sila Services · Acquirer Oxford Plumbing & Heating · Target
HVACPlumbing Positive
Source
Verified

CoolSys third acquisition under Audax ownership

The CRM acquisition is the third undertaken by CoolSys under Audax Private Equity ownership and the second in the year, evidencing an active PE-backed acquisition cadence.

“This acquisition is the third undertaken by CoolSys under its ownership by Audax Private Equity, and the second this year.”
HVACRefrigeration
refindustry.com
Add-on acquisition Undated · Wisconsin
Verified

CoolSys acquires Certified Refrigeration and Mechanical (CRM)

CoolSys, backed by Audax Private Equity, acquired Madison, Wisconsin-based Certified Refrigeration and Mechanical (CRM) and its ten branch locations, entering the Wisconsin region for the first time as part of its 'Buy and Build' roll-up strategy.

“CoolSys announced it has acquired Certified Refrigeration and Mechanical, Inc. (“CRM”), a Madison, Wisconsin-based refrigeration services company.”
HVACRefrigeration
refindustry.com