PE firms remain interested in buying HVAC contractors with steady income streams

Bankers say private equity firms remain interested in HVAC, with PE-backed service businesses encouraged by their owners to keep making strategic acquisitions.

“Private equity (PE) firms remain interested in HVAC, said Wilson and Ted Polk, managing director at Capstone Partners. Polk said service businesses already backed by PE are looking to make strategic acquisitions of HVAC firms in order to expand their markets or add services.”

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