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Majority stake Announced Mar 2020 Closed Apr 2020

Comfort Systems USA to acquire TAS Energy

Relationship map

Relationship map for Comfort Systems USA to acquire TAS Energyparent ofComfort Systems USA: Operating CompanyComfort Systems USATAS Energy Inc.: Operating CompanyTETAS Energy Inc.
Operating Company

Parties

Acquirer
Comfort Systems USA
Operating Company
Target
TAS Energy Inc.
Operating Company

Market signals

Summary

Comfort Systems USA, Inc. entered into an Agreement and Plan of Merger to acquire TAS Energy Inc. through a merger with its wholly owned subsidiary OSC Acquisition Corp. The initial purchase price is $106 million in cash plus a $14 million promissory note, with additional earn-out payments based on future EBITDA performance.

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