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Deal announced Feb 2008 · Mount Crawford, Virginia Verified

Comfort Systems USA to acquire Riddleberger Brothers, Inc.

Comfort Systems USA, Inc. entered into a Stock Purchase Agreement to acquire all outstanding stock of Riddleberger Brothers, Inc., a commercial HVAC company based in Virginia, for $23 million cash, an $11 million note, and a three-year earn-out.

“Effective February 29, 2008, Comfort Systems USA, Inc., a Delaware corporation (the “Company”) entered into a Stock Purchase Agreement By and Between the Company and James P. Young to acquire all of the issued and outstanding stock of Riddleberger Brothers, Inc., a Virginia corporation (the “Agreement”).”

Entities

Comfort Systems USA · Acquirer Riddleberger Brothers, Inc. · Target
HVAC Sentiment: Neutral

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