PE-backed HVAC consolidation accelerates with dozens of deals and multi-state platforms

The article reports a tremendous amount of consolidation in the HVAC industry, with private equity investors backing dozens of acquisitions and major regional players becoming part of multi-state platforms. The rapid pace of deals was a major topic at the ACCA conference.

“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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