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Market commentary May 2022

Potential for an HVAC roll-up to go public

Industry observers are watching for an HVAC roll-up to go public, as there is currently only one publicly traded HVAC firm. An IPO could be a future exit path for PE-backed platforms.

“There are a few such options, but the one many in the industry are watching for is an HVAC roll-up going public. There is only one HVAC firm that is publicly traded right now. That might change in the near future.”
HVAC Sentiment: Neutral

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