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.
Service Logic / CustomAir
“CAI Capital Partners Announces Sale of Custom Air Conditioning Ltd. to Service Logic.”
Service Logic / CustomAir
“Service Logic Acquires CustomAir... CustomAir is a mechanical service provider that offers repair, planned maintenance, and installation services”
Redwood Services / Hendrick Heat, Air & Plumbing
“Redwood Services... today announced its partnership with Hendrick Heat, Air & Plumbing, a leading residential HVAC and plumbing provider based in Tulsa, Oklahoma.”
Sila Services / Davis Heating and Air Conditioning Company
“Sila Services, a home services platform, announced its expansion into Western Virginia by acquiring Davis Heating and Air Conditioning Company.”
Sila Services / Davis Heating and Air Conditioning Company
“Sila Services, LLC, a leading home services platform, today announced its expansion into Western Virginia through the acquisition of Davis Heating and Air Conditioning Company”
Prior to the MSS acquisition, PremiStar completed add-on acquisitions of Air Temp Holding and Armistead Mechanical, among dozens of other tuck-in deals, as part of its aggressive buy-and-build strategy.
“Prior add-ons include Air Temp Holding and Armistead Mechanical, among dozens of others.”
Exigent, a mechanical services platform backed by Huron Capital, acquired Superior Building Services, an Ohio-based provider of boiler, chiller, and HVAC service and retrofit work. This is Exigent's eighth acquisition since Huron Capital launched the platform in 2022, deepening its presence in the Columbus area.
“Exigent, a mechanical services platform backed by Huron Capital, acquired Superior Building Services.”
Alpine’s Apex Service Partners did roughly 60 bolt-on acquisitions in a single year before taking a $2 billion Apollo investment at about a $10 billion valuation.
“Alpine’s Apex Service Partners did roughly 60 bolt-on acquisitions in a single year before taking a $2 billion Apollo investment at about a $10 billion valuation.”
Alpine Investors' Apex Service Partners completed roughly 60 bolt-on acquisitions in a single year before taking a $2 billion investment from Apollo at about a $10 billion valuation.
“Alpine’s Apex Service Partners did roughly 60 bolt-on acquisitions in a single year before taking a $2 billion Apollo investment at about a $10 billion valuation.³”
Redwood Services acquired the Sierra Platform, adding five partner companies, ~400 employees, and a customer base of more than 40,000 households annually across Nevada, Arizona, Idaho, and Colorado.
“the transaction adds five partner companies, approximately 400 full-time employees, and a customer base serving more than 40,000 households annually. The Sierra Platform operates across Nevada, Arizona, Idaho, and Colorado, with headquarters in Las Vegas.”
Grizzly MEP acquired Stegall Mechanical, an Alabama-based contractor founded in 1957, operating an integrated plumbing, HVAC, and electrical business serving industrial, healthcare, education, and hospitality customers across Alabama and the broader Southeast.
“Grizzly MEP acquired Stegall Mechanical, an Alabama-based contractor founded in 1957.”
Kansas City-based residential HVAC company Flint Group acquired Air Around the Clock, a nearly 40-year-old HVAC and plumbing provider based in South Florida, serving Miami-Dade, Broward, and Palm Beach counties.
“Flint Group acquired Air Around the Clock, a nearly 40-year-old HVAC and plumbing provider based in South Florida.”
Leap Partners / Air Hawk Heating & Cooling
“April 30, 2026. Leap Partners Acquires Air Hawk Heating & Cooling.”
The acquisition of McCarl's Services is the third add-on for United Building Solutions since its formation as a national commercial HVAC services platform by AE Industrial Partners. This reflects ongoing consolidation in the commercial HVAC sector.
“The transaction is UBS’ third add-on acquisition following its establishment as a national commercial HVAC services platform by”
Huron Capital expanded Pueblo Mechanical and Controls through more than a dozen acquisitions.
“Huron Capital expanded Pueblo Mechanical and Controls through more than a dozen acquisitions”
In April 2026, HFI acquired Eco Friendly Mechanical, a Bloomington HVAC and plumbing contractor, as its first bolt-on acquisition under New State Capital Partners' ownership. This marks the beginning of the platform's consolidation run.
“In April 2026, HFI acquired Eco Friendly Mechanical — a Bloomington HVAC and plumbing contractor — as its first bolt-on.”
Leap Partners / PROW Brothers Plumbing, Heating & AC
“February 26, 2026. Leap Partners Acquires PROW Brothers Plumbing, Heating & AC.”
Southern Home Services, a consolidator of home service brands, acquired Dunn's HVAC, Plumbing & Electrical in Anniston, Alabama, expanding its Southeast footprint.
“Southern Home Services, a leading consolidator of home service brands across the Southeast, Midwest, and Mid-Atlantic, has acquired Dunn’s HVAC, Plumbing & Electrical.”
Champions Group Holdings announced the acquisition of North Texas residential service provider Lex Cooling, Heating, Plumbing & Electrical, advancing its strategy to expand in high-demand U.S. markets. Lex retains its brand under Champions Group.
“Champions Group Holdings announced the acquisition of Lex Cooling, Heating, Plumbing & Electrical, a residential service provider based in North Texas. This marks another major step in Champions Group’s strategy to expand service in high-demand markets across the United States.”
Champions Group Holdings announced the acquisition of Lex Cooling, Heating, Plumbing & Electrical, a North Texas residential HVAC, plumbing, and electrical service provider, as part of its U.S. growth strategy. Lex retains its brand and operates under Champions Group.
“IRVINE, California — Champions Group Holdings announced the acquisition of Lex Cooling, Heating, Plumbing & Electrical, a residential service provider based in North Texas. This marks another major step in Champions Group’s strategy to expand service in high-demand markets across the United States.”
This acquisition is the second major add-on for United Building Solutions since AE Industrial Partners invested in February 2025, following the acquisition of Total Comfort Solutions. It exemplifies a buy-and-build strategy in the commercial HVAC market.
“This acquisition is the second major add-on for United Building Solutions since AE Industrial Partners (AEI) made a significant investment in the company in February 2025.”
Sila Services acquired the NEOH group, bringing several established Ohio HVAC and home services brands (Simpson Heating & Air, Bonsky Heating & Cooling, Best Heating & Air Solutions, Ultra Clean Duct Cleaning, Coblentz Plumbing Solutions, Trade Masters Academy) under the Sila Services platform.
“The deal brings several established Ohio HVAC and home services brands under the Sila Services platform.”
Sila Services acquired NEOH, a multi-brand home services platform across Ohio, adding Simpson Heating & Air, Bonsky Heating & Cooling, Best Heating & Air Solutions, Ultra Clean Duct Cleaning, Coblentz Plumbing Solutions, and Trade Masters Academy to its platform. The deal expands Sila's Midwest HVAC and plumbing footprint.
“Sila Services announced it has expanded its Midwest footprint with the acquisition of NEOH, a multi-brand home services platform operating across Ohio.”
Kelvin Group / PermaCold Engineering
“Kelvin Group and Southfield Capital Announce the Strategic Acquisition of PermaCold Engineering”
Kelvin Group / PermaCold Engineering
“Kelvin Group, a national provider of industrial and commercial mechanical refrigeration services backed by Southfield Capital, has acquired PermaCold Engineering, a Portland-based industrial refrigera”
The acquisition of Bowers expands Legence's mechanical, plumbing, and process system capabilities in the Northern Virginia and DC Metro area, aligning with Legence's growth strategy as a provider of MEP services.
“The completion of this acquisition marks an important milestone in our growth strategy, and we are confident that together, we will achieve even greater success.”
Apex Service Partners, backed by Alpine Investors, closed approximately 60 add-on acquisitions in 2025 across HVAC, plumbing, and electrical, bringing its platform to nearly 300 businesses and ~$1.3 billion in annual revenue. This pace made it the most active HVAC acquirer in the country.
“Apex Service Partners, backed by Alpine Investors, closed approximately 60 add-on acquisitions in 2025 alone across HVAC, plumbing, and electrical — substantially more than any other platform tracked by the 2026 HVAC PE roll-up analysis compiled by CTC Acquisitions.”
Since being acquired by Gamut in September 2024, Airtron expanded through several add-on acquisitions of regional operators, adding Sierra Air Conditioning, Viccarone Heating & Air Conditioning, and Sonoran Mechanical Systems in 2025, now operating 19 locations.
“Since being acquired by Gamut in September 2024, Airtron has expanded through several acquisitions of regional operators. In 2025, the company added Sierra Air Conditioning in March, Viccarone Heating & Air Conditioning in April, and Sonoran Mechanical Systems in May. Airtron now operates 19 locations across the United States.”
A related-posts link references Sila Services' acquisition of Oxford Plumbing & Heating as part of its Eastern PA growth.
“[Sila Services Continues Eastern PA Growth with Acquisition of Oxford Plumbing & Heating](https://hvacinsider.com/sila-services-continues-eastern-pa-growth-with-acquisition-of-oxford-plumbing-heating/)”
A related-post reference indicates Sila Services continued its Eastern Pennsylvania growth with the acquisition of Oxford Plumbing & Heating.
“Sila Services Continues Eastern PA Growth with Acquisition of Oxford Plumbing & Heating”
A related-post headline notes Sila Services continued its Eastern Pennsylvania growth with the acquisition of Oxford Plumbing & Heating.
“Sila Services Continues Eastern PA Growth with Acquisition of Oxford Plumbing & Heating”
The SEER Group expanded its Colorado footprint by acquiring Tuscan Electric, Heating & Plumbing, a Denver-metro family-run contractor. Tuscan retains its brand and team under SEER's operational backing.
“The SEER Group has expanded its Colorado footprint with the acquisition of Tuscan Electric, Heating & Plumbing, a fast-growing family-run contractor serving the Denver metro.”
Perfect Plumbing & Air of Boise and sister company Magic Electric of Jerome were acquired by Utah-based Any Hour Group in 2022; Any Hour is backed by PE firm Knox Lane.
“Perfect Plumbing & Air of Boise and its sister company, Magic Electric of Jerome, were acquired by Utah-based Any Hour Group in 2022. Any Hour owns 23 brands across the region.”
In 2021 Texas-based Apex Service Partners acquired Right Now Heating and Air, folding it into its Apex West Region Holdco.
“In 2021, Apex Service Partners of Texas acquired Right Now, according to PitchBook, joining Owyhee Heating as units of Apex.”
Owyhee Heating & Air was acquired in 2022 by Texas-based Apex Service Partners, joining Right Now Heating and Air Conditioning under the PE umbrella.
“Owyhee was acquired in 2022 by Apex Service Partners of Texas, joining Right Now Heating and Air Conditioning under the umbrella of the large private equity company.”
SEER Group announced it acquired Boise-based Veterans Plumbing and K-F Electric; Veterans was merged into its Western Heating & Air platform.
“it acquired Boise-based Veterans Plumbing and K-F Electric. Veterans was merged into Western in March of this year, according to Idaho Secretary of State records.”
In 2021 Western Heating & Air sold a majority stake to Washington-based PE firm SEER Group, which lists 40+ HVAC/mechanical/plumbing companies including six others across Idaho.
“In 2021, after 54 years of local ownership, Western Heating & Air sold a majority stake to Washington-based private equity firm SEER Group.”
A related-posts headline on the page reports Sila Services continuing its Virginia growth with the acquisition of My Plumber Plus.
“Sila Services Continues Its Virginia Growth with Acquisition of My Plumber Plus”
A related-posts item notes Sila Services continued its Virginia growth with the acquisition of My Plumber Plus.
“Sila Services Continues Its Virginia Growth with Acquisition of My Plumber Plus”
A related-posts reference indicates Sila Services continued its Virginia expansion via the acquisition of My Plumber Plus.
“Sila Services Continues Its Virginia Growth with Acquisition of My Plumber Plus”
A related-posts reference indicates Sila Services continued its Virginia expansion via the acquisition of My Plumber Plus.
“Sila Services Continues Its Virginia Growth with Acquisition of My Plumber Plus”
A related-post headline in this source references Sila Services continuing its Virginia growth via the acquisition of My Plumber Plus, a home-services roll-up add-on.
“Sila Services Continues Its Virginia Growth with Acquisition of My Plumber Plus”
Related-article listing references Wrench Group acquiring Easy A/C and Service Champions, indicating broader HVAC roll-up acquisition activity.
“Wrench Group Acquires Easy A/C and Service Champions”
HVAC services platform Champions Group Holdings acquired Seattle-based Bee's Plumbing and Heating, its second acquisition in the Seattle metro, as part of a U.S. expansion strategy. Bee's keeps its brand.
“HVAC services provider Champions Group Holdings has acquired Bee’s Plumbing and Heating, a service provider based in Seattle, Washington.”
HVAC services provider Champions Group Holdings acquired Bee's Plumbing and Heating, a Seattle-based service provider, marking its second acquisition in the Seattle metro and part of a stated strategy of expanding into high-demand U.S. markets.
“HVAC services provider Champions Group Holdings has acquired Bee’s Plumbing and Heating, a service provider based in Seattle, Washington.”
Home-services platform Sila Services acquired Concord, New Hampshire-based Live Free Heating, Cooling & Electric, expanding its footprint in New England. Live Free, founded in 2017 by brothers Peter and Tyler Marston, provides heating, cooling and electrical services.
“Sila Services, LLC is excited to announce its latest strategic acquisition, Live Free Heating, Cooling & Electric, a premier provider of home comfort solutions based in Concord, New Hampshire and founded by brothers Peter Marston and Tyler Marston.”
Home-services platform Sila Services acquired Live Free Heating, Cooling & Electric, expanding its New England presence in New Hampshire.
““Welcoming Peter, Tyler, and the entire Live Free Heating, Cooling & Electric team to Sila Services is a genuinely exciting milestone as we continue to build our presence across New England,” stated Jason Rabbino, CEO of Sila Services.”
Home services platform Sila Services acquired Live Free Heating, Cooling & Electric of Concord, New Hampshire, expanding its New England footprint. Sila operates over 40 brands across the Northeast, Mid-Atlantic, and Midwest.
“Sila Services, LLC is excited to announce its latest strategic acquisition, Live Free Heating, Cooling & Electric, a premier provider of home comfort solutions based in Concord, New Hampshire and founded by brothers Peter Marston and Tyler Marston.”
Redwood Services, a home-services platform investing in HVAC, plumbing, and electrical companies, partnered with New Jersey-based Guaranteed Service, marking Redwood's nineteenth platform investment. Founder Helmi Ben Flah retains a significant minority stake.
“Redwood Services (“Redwood”), an established home services firm focused on investing in leading HVAC, plumbing, and electrical services companies in growing U.S. markets, announced that it has partnered with Guaranteed Service (“Guaranteed”). This partnership marks Redwood’s nineteenth platform investment, highlighting the company’s ongoing growth and commitment to expansion.”
Redwood Services announced its 19th partnership with New Jersey-based Guaranteed Service, a home services company specializing in plumbing, heating, cooling, and electrical work. This marks Redwood's nineteenth platform investment, with Guaranteed Service's founder retaining a significant minority stake.
“Redwood Services (“Redwood”), an established home services firm focused on investing in leading HVAC, plumbing, and electrical services companies in growing U.S. markets, announced that it has partnered with Guaranteed Service (“Guaranteed”). This partnership marks Redwood’s nineteenth platform investment, highlighting the company’s ongoing growth and commitment to expansion.”