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).
Frontier Service Partners named Tim O'Reilly, formerly CFO of Del-Air Heating and Air Conditioning, as its founding chief financial officer.
“Frontier Service Partners announced its partnership with Tim O’Reilly as founding chief financial officer. Tim is a chartered professional accountant with experience in the residential HVAC and plumbing industry, most recently at Del-Air Heating and Air Conditioning, where he served as CFO.”
Frontier Service Partners, the Imperial Capital-backed platform, named industry veteran Dean Fulton (ex-Hiller, ex-Service Experts) as founding CEO to lead its roll-up of residential HVAC and plumbing brands.
“Frontier Service Partners announced its partnership with Dean Fulton as founding CEO. Fulton is an industry veteran with over 30 years in the residential HVAC and plumbing industry, most recently at Hiller Plumbing, Heating and Cooling, where he served as chief operating officer and vice president of sales.”
Newly formed PE-backed platform Frontier Service Partners made its first add-on, acquiring Ann Arbor, Michigan residential HVAC company Haley Mechanical, with founder Henry Haley staying on as a division GM and Frontier shareholder.
“Frontier Service Partners acquired Haley Mechanical.”
Imperial Capital Group Ltd. launched Frontier Service Partners, a PE-backed platform to roll up residential HVAC, plumbing, and electrical services businesses using a Back/Buy/Build strategy.
“NASHIVLLE, Tenn. — Imperial Capital Group Ltd. announced the launch of Frontier Service Partners.”
Imperial Capital signaled Frontier would continue expanding through acquisitions and partnerships, framing the Haley deal as 'just the beginning' of the platform's roll-up.
“Frontier will continue to expand through acquisitions and partnerships while maintaining a focus on best-in-class service.”
Frontier's CEO stated intent to invest heavily in Michigan and continue expanding through acquisitions and partnerships to build a multi-regional home services company.
“We intend to invest heavily in Michigan, where Haley Mechanical currently operates, as we build a multi-regional home services company.”
Frontier Service Partners, the Imperial Capital-backed platform, acquired Haley Mechanical, a residential HVAC company in the Ann Arbor, Michigan area, as its first add-on. Founder Henry Haley stays on as general manager and shareholder.
“Frontier Service Partners acquired Haley Mechanical.”
Imperial Capital Group Ltd. launched Frontier Service Partners as a residential HVAC, plumbing, and electrical services roll-up platform pursuing a Back/Buy/Build strategy.
“NASHIVLLE, Tenn. — Imperial Capital Group Ltd. announced the launch of Frontier Service Partners.”
SEER Group CEO framed the Columbia NW acquisition as reinforcing commitment to growing its Oregon footprint while supporting a national growth plan, signaling ongoing roll-up consolidation.
“This acquisition reinforces our commitment to growing our footprint in Oregon while supporting our national growth plan.”
The SEER Group LLC announced its sixteenth acquisition, Columbia NW Heating & Air Conditioning, its third acquisition in Oregon after Specialty Heating & Cooling and Climate Control in 2019.
“The SEER Group LLC announced its sixteenth acquisition, Columbia NW Heating & Air Conditioning. This is the third acquisition for The SEER Group LLC in Oregon after its acquisition of Specialty Heating & Cooling and Climate Control in 2019.”
The SEER Group · Acquirer Climate Control · Mentioned Columbia NW Heating & Air Conditioning · Target Specialty Heating & Cooling · Mentioned
The SEER Group LLC announced its sixteenth acquisition, Columbia NW Heating & Air Conditioning, its third acquisition in Oregon, reinforcing its Oregon footprint and national growth plan.
“The SEER Group LLC announced its sixteenth acquisition, Columbia NW Heating & Air Conditioning. This is the third acquisition for The SEER Group LLC in Oregon after its acquisition of Specialty Heating & Cooling and Climate Control in 2019.”
Peak Rock Capital provided strategic growth financing to Air Pros in September 2021 to support additional acquisitions and market expansion, marking the platform's PE-backed roll-up phase.
“Peak Rock Capital, a middle-market private investment firm, provided strategic growth financing in September 2021. This capital was intended to support additional acquisitions and market expansion.”
With the acquisition of T&O Refrigeration, CoolSys expands its market presence throughout the Southeast, significantly increasing market share in Georgia and Nashville, Tennessee.
“With this acquisition, CoolSys expands its market presence throughout the Southeast with significantly increased market share in Georgia and Nashville, Tennessee.”
Related-article links show CoolSys executing a string of refrigeration services acquisitions (T&O, Triangle Refrigeration, Duquette Refrigeration), indicating an ongoing roll-up of independent refrigeration contractors.
The new CEO thanks PE sponsor Gryphon Investors for supporting continued growth across Canada, evidencing an ongoing PE-backed HVAC consolidation play.
“Thank you to our partners at Gryphon Investors for their tremendous support and encouragement as we continue the phenomenal growth throughout Canada.”
Right Time Group of Companies has a new CEO, Craig Goettler, who led the Anchor Home Comfort acquisition as his first deal at the PE-backed (Gryphon Investors) consolidator.
“Anchor Home Comfort is the ninth acquisition completed by Right Time and the first led by the company’s new CEO, Craig Goettler.”
Right Time Group of Companies acquired Anchor Home Comfort, its ninth acquisition and the first led by new CEO Craig Goettler. The CEO credits PE sponsor Gryphon Investors for supporting the Canada-wide growth.
“Anchor Home Comfort is the ninth acquisition completed by Right Time and the first led by the company’s new CEO, Craig Goettler.”
Anchor Home Comfort is the ninth acquisition completed by Right Time, reflecting an ongoing PE-backed national HVAC consolidation across Canada under Gryphon Investors.
“Anchor Home Comfort is the ninth acquisition completed by Right Time and the first led by the company’s new CEO, Craig Goettler.”
Gryphon Investors-backed Right Time Group of Companies acquired Anchor Home Comfort, its ninth acquisition and first under new CEO Craig Goettler, continuing its Canadian HVAC roll-up.
“Right Time Group of Companies announced the acquisition of Anchor Home Comfort. Terms of the transaction were not disclosed.”
Wrench Group LLC announced that Boothe's Heating, Air & Plumbing joined its family of regional brands, marking Wrench Group's first move into the mid-Atlantic. Terms were not disclosed.
“Wrench Group LLC announced that Boothe’s Heating, Air & Plumbing has joined the company’s family of regional brands. Terms of the transaction were not disclosed.”
Wrench Group LLC acquired Boothe's Heating, Air & Plumbing, marking Wrench's first expansion into the mid-Atlantic. Terms were not disclosed.
“Wrench Group LLC announced that Boothe’s Heating, Air & Plumbing has joined the company’s family of regional brands. Terms of the transaction were not disclosed.”
Right Time acquired Romaniuk Heating and Air Conditioning in April, which was the sixth acquisition completed by Right Time in its national HVAC roll-up.
“In April Right Time acquired Romaniuk Heating and Air Conditioning. Romaniuk was the sixth acquisition completed by Right Time which is focused on developing a national brand through acquisitions or partnerships with existing residential HVAC replacement contractors.”
The Anchor Home Comfort deal is the first acquisition led by Right Time's new CEO Craig Goettler, who has 15 years of residential HVAC experience.
“Anchor Home Comfort is the ninth acquisition completed by Right Time and the first led by new CEO Craig Goettler who has 15 years of experience in the residential HVAC market.”
Anchor Home Comfort is Right Time's ninth acquisition, part of a strategy to build a national brand through acquisitions of residential HVAC replacement contractors. Prior deals cited include Romaniuk, AtlasCare, and Comfort Masters.
“Anchor Home Comfort is the ninth acquisition completed by Right Time and the first led by new CEO Craig Goettler who has 15 years of experience in the residential HVAC market.”
Right Time, the Gryphon Investors-backed Canadian HVAC roll-up, acquired Ottawa-based residential HVAC contractor Anchor Home Comfort. It is the ninth acquisition completed by Right Time and the first under new CEO Craig Goettler.
“Right Time has announced the purchase of Anchor Home Comfort.”
Right Time Group of Companies acquired Haven Home ClimateCare (now Haven Home), its eighth acquisition. Management and employees join Right Time; terms undisclosed.
“Right Time Group of Companies announced the acquisition of Haven Home ClimateCare, which now operates as Haven Home. Management and employees of Haven Home will join the Right Time team. Terms of the transaction were not disclosed. Haven Home is the eighth acquisition completed by Right Time.”
The seller frames the deal as joining Right Time's pattern of integrating strong local HVAC companies into a national brand, evidencing an ongoing consolidation roll-up strategy.
“They have a great track record of integrating strong local companies into their national brand and delivering best-in-class customer service.”
Right Time Group of Companies acquired Haven Home ClimateCare, now operating as Haven Home, its eighth completed acquisition. This is a tuck-in into Right Time's national HVAC platform; terms were not disclosed.
“Right Time Group of Companies announced the acquisition of Haven Home ClimateCare, which now operates as Haven Home. Management and employees of Haven Home will join the Right Time team. Terms of the transaction were not disclosed. Haven Home is the eighth acquisition completed by Right Time.”
Since Huron Capital partnered with Dan Bueschel in 2017 to acquire Pueblo, the platform has completed seven acquisitions pursuing a buy-and-build strategy in commercial HVAC and plumbing in the US Sun Belt.
“Pueblo has completed seven acquisitions since Huron Capital partnered with Bueschel in 2017 to acquire Pueblo and pursue an ExecFactor buy-and-build strategy in the commercial HVAC and plumbing market in the Sun Belt region of the United States.”
Huron Capital's HVAC and plumbing services platform Pueblo Mechanical & Controls acquired Infinity Contractors, expanding into the Texas market. It is Pueblo's seventh acquisition since Huron Capital partnered with CEO Dan Bueschel in 2017 under an ExecFactor buy-and-build strategy.
“Huron Capital Partners announced that its HVAC and plumbing installation, retrofit, and repair services platform, Pueblo Mechanical & Controls, has acquired Infinity Contractors.”
Huron Capital partnered with CEO Dan Bueschel in 2017 to acquire Pueblo and pursue an ExecFactor buy-and-build strategy in commercial HVAC and plumbing in the Sun Belt; Pueblo has completed seven acquisitions since.
“Pueblo has completed seven acquisitions since Huron Capital partnered with Bueschel in 2017 to acquire Pueblo and pursue an ExecFactor buy-and-build strategy in the commercial HVAC and plumbing market in the Sun Belt region of the United States.”
Huron Capital Partners' commercial HVAC/plumbing platform Pueblo Mechanical & Controls acquired Infinity Contractors, expanding into the Texas market. It is Pueblo's seventh acquisition since Huron's 2017 ExecFactor buy-and-build investment.
“Huron Capital Partners announced that its HVAC and plumbing installation, retrofit, and repair services platform, Pueblo Mechanical & Controls, has acquired Infinity Contractors.”
The SEER Group CEO described continued acquisition activity toward building a national footprint, with the Western deal being its fifteenth acquisition.
“he will continue leading the Western team and expanding the Western brand as our group continues moving towards a national footprint.”
The SEER Group LLC announced its fifteenth acquisition, taking a majority stake in Western Heating & Air Conditioning, marking its first investment in the Boise, Idaho market as it moves toward a national footprint.
“The SEER Group LLC announced its fifteenth acquisition, a majority stake in Western Heating & Air Conditioning. This is the first investment for The SEER Group LLC in the Boise, Idaho, market.”
CEO Darrin Erdahl framed the Western acquisition as part of The SEER Group's move toward a national footprint, retaining the seller as a partner to expand the brand.
“he will continue leading the Western team and expanding the Western brand as our group continues moving towards a national footprint.”
The SEER Group LLC acquired a majority stake in Western Heating & Air Conditioning, its fifteenth acquisition and first investment in the Boise, Idaho market, as it moves toward a national footprint.
“The SEER Group LLC announced its fifteenth acquisition, a majority stake in Western Heating & Air Conditioning. This is the first investment for The SEER Group LLC in the Boise, Idaho, market.”
American Residential Services (ARS/Rescue Rooter) acquired Total Comfort LLC on July 1, 2021, expanding its residential and commercial HVAC and plumbing presence in Northern Virginia.
“American Residential Services (ARS/Rescue Rooter) announced that on July 1, 2021, it acquired Total Comfort LLC.”
ARS/Rescue Rooter acquired Total Comfort LLC on July 1, 2021, expanding its presence in the Northern Virginia market across residential and commercial HVAC and plumbing.
“American Residential Services (ARS/Rescue Rooter) announced that on July 1, 2021, it acquired Total Comfort LLC.”
Southern HVAC Corporation announced the acquisition of Swift Services Heating, Cooling & Electrical in the Myrtle Beach market, described internally as a partnership led by Southern's VP of operations and acquisitions.
“MYRTLE BEACH, S.C. — Southern HVAC Corporation announced the acquisition of Swift Services Heating, Cooling & Electrical.”
Southern HVAC Corporation announced the acquisition of Swift Services Heating, Cooling & Electrical, expanding its home-services platform into the Myrtle Beach market.
“Southern HVAC Corporation announced the acquisition of Swift Services Heating, Cooling & Electrical.”
Right Time Group, owned by Gryphon Investors, is rolling up residential HVAC replacement contractors to build a national Canadian brand, now operating 14 locations across four provinces with over 600 employees.
“Right Time which is focused on developing a national brand through acquisitions or partnerships with existing residential HVAC replacement contractors”
Right Time Group acquired Ontario-based Comfort Masters LTD in June 2021, marking its seventh acquisition; Comfort Masters serves the Oshawa, York, Durham and Simcoe regions.
“The expansion continued in June when Comfort Masters LTD became Right Time’s seventh acquisition.”