PE interest in HVAC spurring wave of M&A among contractors

A Live Oak Bank lender states that private-equity interest in the HVAC space has driven both owners looking to sell and others seeking to grow via acquisition, pushing M&A to the forefront across company sizes.

“we were all aware of the private equity interest in the HVAC space, which has spurred a lot of people looking to sell and people also thinking about growing via acquisition. and it's just brought mergers and acquisitions to the forefront of people's minds.”

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