HVAC Value Fund formed to roll up Southwest HVAC businesses

Sitestar Corp. and JNJ Investments created the HVAC Value Fund LLC, with an initial $1 million commitment from Sitestar, expressly to acquire and manage HVAC companies in Arizona and across the Southwest. The fund is managed by Nathan Reid and JNJ Investments.

“LYNCHBURG, Va. — Sitestar Corp. has announced the creation of the HVAC Value Fund LLC along with JNJ Investments. Sitestar has committed an initial $1 million investment to the HVAC Value Fund for the purpose of acquiring and managing HVAC companies in Arizona and throughout the Southwest. This investment will be managed by Nathan Reid and JNJ Investments.”

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