PE-backed consolidation of HVAC contractors continues at rapid pace

ACHR News reports a major wave of PE-backed consolidation of HVAC contractors, with dozens of deals and regional players folding into multi-state platforms; the industry watches who will be acquired next.

“The past year saw a tremendous amount of consolidation in the industry as private equity investors continue to back the acquisitions of HVAC contractors. There were dozens of deals made and many major regional players became part of multi-state platforms.”

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