Comfort Systems USA acquires Granite State Plumbing & Heating from KeySpan

Comfort Systems USA acquired Granite State Plumbing & Heating from utility KeySpan Corp. for $2.8 million in cash. Granite had ~$25M in 2004 revenue and serves the New Hampshire and Vermont mechanical markets.

“Comfort Systems USA Inc., a provider of commercial, industrial, and institutional HVAC services, announced that it had acquired Granite State Plumbing & Heating from KeySpan Corp., a New York-based natural gas and electric utility.”

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