Brokerage and consultant data quantify surge in HVAC PE deals

Industry figures cite a sharp rise in PE acquisitions: a marketing CEO says 18 of his customers were acquired in 18 months, and broker SF&P Advisors oversaw 46 contractor-PE deals last year (23 in Q4).

“Chris Yano, CEO of Ryno Strategic Services, said 18 of his customers have been acquired by PE firms in the past year and a half. SF&P Advisors, a business brokerage for HVAC contractors, oversaw 46 deals between contractors and PE firms last year, with 23 coming in the fourth quarter. The brokers did five deals in the first quarter of 2022.”

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