Sitestar and JNJ Investments Form HVAC Value Fund Roll-Up Platform

Sitestar Corporation and JNJ Investments (controlled by Nathan Reid) signed an agreement to create HVAC Value Fund, a new entity formed to acquire and manage HVAC companies. The platform has committed $1 million initially with an additional $1 million upon meeting certain benchmarks, and has already closed four acquisitions totaling $1.14 million.

“On June 13, we signed an agreement to create HVAC Value Fund. This is an investment in a company that Sitestar has jointly developed with JNJ Investments. JNJ Investments is an entity controlled by Nathan Reid. The purpose of HVAC Value Fund is to acquire and manage Heating Ventilation, and Air Conditioning (HVAC) companies.”

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