Deal announced Mar 2016 · Plano, Texas Verified
Enercare to Acquire Service Experts for $340.75M
Enercare Inc. has entered into an agreement to acquire Service Experts, a U.S. HVAC services provider, for $340.75 million. The deal would give Enercare access to the U.S. HVAC market and allow cross-selling of rental products. The transaction is expected to close in Q2 2016.
“Canadian home and commercial services company Enercare Inc., Toronto, is reported to have entered into an agreement to acquire Service Experts, a U.S. provider of HVAC services based in Plano, Texas. The purchase price is said to be $340.75 million.”
Entities
Home performanceHVACPlumbing Sentiment: Neutral
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