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Majority stake Announced Feb 2019

Comfort Systems USA to acquire Walker TX Holding Company

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Relationship map for Comfort Systems USA to acquire Walker TX Holding Companyparent ofComfort Systems USA: Operating CompanyComfort Systems USAWalker TX Holding Company, Inc.: Operating CompanyWTWalker TX Holding Com…
Operating Company

Parties

Acquirer
Comfort Systems USA
Operating Company
Target
Walker TX Holding Company, Inc.
Operating Company

Market signals

Summary

Comfort Systems USA, Inc. entered into a Purchase Agreement to acquire all outstanding securities of Walker TX Holding Company, Inc. The initial purchase price is approximately $178 million in cash plus a $25 million promissory note, with additional earn-out payments based on future EBITDA through December 31, 2023.

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