Every PE/M&A signal we can find, concrete deals and the broader market mood, each pinned to a
verbatim quote from its source. 229 signals in the record.
Signals are reports drawn from public coverage and print archives, presented as reported by their
sources. Naming a company in a signal is not an accusation against it. See our methodology and legal notes.
Presidential Heating & Air Conditioning has completed the acquisition of Shipley Plumbing, Heating & Air Conditioning, effective August 24, 2026. The deal expands Presidential's service offerings to include plumbing in Montgomery County and aligns with Southern Home Services' strategy of strengthening local centers through complementary partnerships.
“Presidential Heating & Air Conditioning has acquired Shipley Plumbing, Heating & Air Conditioning, effective August 24, 2026, expanding its home-comfort services across Montgomery County and surrounding communities.”
Go Lime Inc. has acquired the Cobourg, Ontario-based HVAC company Comfort Zone Heating & Air Conditioning. The acquisition is part of a broader strategy to expand across Canada through investments in local home and commercial services businesses.
“Go Lime Inc. has acquired Cobourg, ON-based Comfort Zone Heating & Air Conditioning.”
Eastern Refrigeration has fully transitioned to the CoolSys brand, operating as a single unified organization after being acquired several years ago.
“Now, we’re pleased to announce **Eastern Refrigeration’s full integration into the CoolSys brand**, which boasts over 25 years of nationwide industry leadership.”
Swedish contracting group Nordic Climate has acquired Poole-based Meridian Cooling to strengthen its position in the South of England. The acquisition adds air conditioning, ventilation, and heat pump capabilities to Nordic Climate's growing UK platform.
“UK: Swedish contracting group Nordic Climate is continuing to make inroads into the UK with the acquisition of Poole-based Meridian Cooling.”
Redwood Services has entered the Oklahoma market by acquiring a partnership in Tulsa-based Hendrick Heat, Air & Plumbing. This is Redwood's first investment in Oklahoma and adds Hendrick to its network of over 20 partner companies.
“Redwood Services has expanded into Oklahoma through a partnership with Hendrick Heat, Air & Plumbing, a residential HVAC and plumbing contractor based in Tulsa.
The agreement marks Redwood's first investment in Oklahoma and adds Hendrick to its network of more than 20 essential home services Partner Companies.”
Thermogenics Inc. has completed the acquisition of Prime Boiler Services, a boiler lifecycle solutions provider based in Red Deer, Alberta. This move expands Thermogenics' presence into Western Canada, specifically Alberta, BC, and Saskatchewan.
“Thermogenics Inc. has acquired Prime Boiler Services, a Red Deer, AB-based provider of comprehensive boiler lifecycle solutions.
The move establishes Thermogenics’ presence in Alberta, BC and Saskatchewan, and increases its technical workforce and specialized engineering capabilities.”
Swedish contractor group Nordic Climate has acquired UK-based specialist cooling provider Lightfoot International. The acquisition expands Nordic Climate's exposure in defence-related cooling and industrial maritime sectors.
“UK: Acquisitive Swedish contractor group Nordic Climate has acquired the legendary and long-established UK company Lightfoot International.”
A former employee describes working for a company bought out by Apex, noting operational changes post-acquisition.
“I worked at a company that was bought out by apex and quite after almost a whole year Started having managers telling me that the installers families are starving”
Ken Goodrich sold Goettl, a multi-state HVAC and plumbing brand, for $500 million on day 996 of his 1,000-day plan.
“I’m happy to report that on day 996, we sold the business for $500 million—which was a 10X return from the first transaction. And with that, we completed our 1000-day plan.”
Ken Goodrich sold a portion of Goettl to a private equity firm, subsequently increasing the remaining business value ten-fold in under 1,000 days.
“When I sold part of Goettl to a private equity firm, I told our executive team that within 1,000 days, we would increase the value of the remaining business TEN-FOLD.”
Private equity-backed Action Air Systems has acquired Wallingford-based HVAC contractor Air Comfort Systems. The deal expands Action Air's presence in southern Connecticut, including the New Haven market.
“Wallingford-based HVAC contractor Air Comfort Systems has been acquired by private equity-backed competitor Action Air Systems.
Action Air says the acquisition fits its continued growth strategy and expands the company’s presence across southern Connecticut, including the Wallingford and greater New Haven markets.”
Unique Indoor Comfort and All Phase Electric Co. combined under the Ace Hardware brand, integrating HVAC and electrical services in Philadelphia.
“Unique Indoor Comfort and All Phase Electric Co. have come together as Ace Hardware Home Services, combining trusted local service with the strength of the Ace Hardware name.”
Rolf Griffin Heating and AC has joined the Service Experts family, integrating local expertise with national brand support.
“Rolf Griffin Service Experts is proud to join the Service Experts family, blending 126+ years of local expertise with a trusted national brand serving communities since 1996.”
Russell's American Mechanical has joined the NearU roll-up platform, indicating a consolidation of home services in Virginia.
“If you’ve recently learned that your go-to HVAC, plumbing, drains, IAQ, and generator company has joined NearU, then this is something to get excited about!”
ABC Refrigeration, acquired by CoolSys years ago, has now fully transitioned and rebranded as CoolSys in the Northeast.
“Now, we are pleased to announce that ABC Refrigeration is becoming CoolSys. As one unified organization, the newly rebranded CoolSys team in your region will deliver enhanced capabilities”
Unique Indoor Comfort is now part of the Ace Hardware Home Services family, indicating a rebrand or acquisition.
“Unique Indoor Comfort is now part of the Ace Hardware Home Services family! It’s still the same trusted service backed by four generations of serving the greater Philadelphia area”
Redwood Services has acquired a group of five contracting businesses from investment firm SE Capital for $220 million. The transaction values the target at roughly 11x to 13x EBITDA and increases Redwood's total annualized EBITDA to over $100 million.
“Residential HVAC, plumbing, and electrical platform Redwood Services has acquired a group of five contracting businesses from investment firm SE Capital, the company
The valuation represents a multiple of roughly 11x on around $20 million of EBITDA, according to one of the people, while another source placed the figures at roughly 13x on approximately $17 million.
The deal pushes Redwood’s total annualized EBITDA to “over” $100 million, one of the people said, without specifying — and its total number of contractor partners from 19 to 24 across the U.S., excluding tuck-in acquisitions.”
PremiStar acquired Armistead Mechanical to expand its commercial HVAC and plumbing footprint into New Jersey and NY Hudson Valley.
“PremiStar, LLC acquired Armistead Mechanical, Inc., expanding PremiStar’s commercial HVAC, plumbing, and building automation footprint into New Jersey”
Competition authorities have approved the acquisition of GK Denmark's service business, including Vagns VVS and nearly 200 employees, by Caverion Denmark. The transfer is effective May 1st as part of GK's exit from the Danish market.
“As part of GK's decision to exit the Danish market, GK Denmark's service business, including Vagns VVS and nearly 200 employees, will become part of Caverion Denmark and take on a central role in the overall organization. With the transfer taking effect on 1 st May, the employees will continue their work within a strengthened framework at Caverion.”
Goldman Sachs Alternatives acquired a majority stake in Sila Services from Morgan Stanley Capital Partners at a reported valuation of around $1.7 billion, with an implied multiple in the 17 to 20 times range.
“A few months earlier, Goldman Sachs Alternatives acquired a majority stake in Sila Services from Morgan Stanley Capital Partners at a reported valuation of around $1.7 billion, with an implied multiple in the 17 to 20 times range depending on how you count pending add-ons.”
Blackstone's perpetual capital vehicle, BXPE, acquired Champions Group for an enterprise value of approximately $2.5 billion, implying a multiple of ~18.5x EBITDA.
“Champions Group to Blackstone's BXPE perpetual capital vehicle. ~$2.5B enterprise value on ~$140M EBITDA. Implied ~18.5x EBITDA. Announced February 2026.”
