PE-backed HVAC contractor consolidation accelerated over the past year

The article describes a year of heavy PE-backed consolidation of HVAC contractors, with many regional players folded into multi-state platforms and industry watchers anticipating who will be acquired next.

“The past year saw a tremendous amount of [consolidation](/keywords/17511-hvac-industry-acquisitions) in the industry as [private equity](/keywords/8504-private-equity-firm) 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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