PE-backed consolidators rolling up commercial HVAC contractors

PE-backed consolidators including Crete United, CoolSys, and Climate Pros are actively acquiring commercial HVAC and MEP contractors, driven by recurring service contracts and tailwinds from data center and healthcare end markets.

“PE-backed consolidators such as Crete United (backed by Ridgemont Equity Partners), CoolSys, and Climate Pros are actively rolling up commercial HVAC and MEP contractors, drawn by recurring service contracts, data center and healthcare end-market tailwinds, and fragmented regional ownership.”

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