Add-on acquisition Nov 2023 · Canada
MechCan acquires Comfort Zone Heating & Air Conditioning in 70/30 partnership
Mike Barry, owner of Comfort Zone Heating & Air Conditioning, sold shares to MechCan in a 70/30 partnership; the roughly $8 million revenue business has since expanded into the plumbing market.
“When he sold his shares of the company to MechCan, he entered into a 70/30 partnership.”
Entities
Comfort Zone Heating & Air Conditioning · Target MechCan · Acquirer
HVACPlumbing
Source: Plumbing & HVAC, Nov 2023, p.37 (OCR)
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