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Platform formation New Jun 2026 Verified

Active PE Platforms Competing for High-Earnings HVAC Shops

Six major private equity platforms (Apex, Wrench, Sila, Service Logic, Redwood, Champions) along with over 20 sub-platforms are actively competing for HVAC service companies that exceed the $1M EBITDA threshold, driving up acquisition multiples in the top tier of the market.

“The PE track has six platforms (Apex, Wrench, Sila, Service Logic, Redwood, Champions) plus 20+ sub-platforms competing for shops above the $1M EBITDA floor.”

Entities

HVAC Sentiment: Neutral

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