Deal closed May 2022 · United States Verified
Weis Comfort Systems sold to a PE-backed platform
Dan and Tom Weis, who had been buying smaller competitors since 2010, eventually sold Weis Comfort Systems to a PE-backed platform as acquisition costs skyrocketed.
“Dan Weis owned Weis Comfort Systems with his brother, Tom. In 2010, the pair started a growth campaign by buying up their smaller competitors. In the past few years, the cost of acquiring those companies started skyrocketing, Weis said. The brothers eventually sold their company to a PE-backed platform.”
Entities
Weis Comfort Systems · Target
HVAC
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