Estimated $7.8B in HVAC Revenue Transacted in PE Platform Sales

IEI Advisors estimates that 26 PE-to-PE HVAC platform sales (13 commercial and 13 residential) have occurred in the second consolidation wave, representing approximately $7.8 billion in HVAC revenue sold between PE firms.

“We can then multiply that by 26 (13 commercial and 13 residential deals). That’s $7.8B in HVAC revenue that has been sold from PE firm to PE firm in this second wave of consolidation.”

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