Every PE/M&A signal we can find, concrete deals and the broader market mood, each pinned to a verbatim quote from its source. 121 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.
With the Comfort Heating & Air acquisition, ARS expanded its presence into a new region (Kentucky), increasing its reach across the United States to a total of 23 states.
“With this acquisition, ARS expands its presence into a new region increasing our reach across the United States to a total of 23 states.”
With the Comfort Heating & Air acquisition, ARS entered a new region and increased its US footprint to 23 states, signaling national roll-up expansion.
“With this acquisition, ARS expands its presence into a new region increasing our reach across the United States to a total of 23 states.”
Goettl reported 500 percent year-over-year growth since 2015 after Ken Goodrich acquired the company in 2013 and expanded it to Las Vegas, with plans to double business and add 30+ employees in 2017.
“Goodrich acquired the company in 2013 and brought Goettl to his hometown of Las Vegas in April 2016. Since 2015, Goettl has recorded a 500 percent year-over-year growth.”
With the Weather Crafters deal, ARS increased its presence in Virginia, where it already operates ARS/Rescue Rooter Manassas, McCarthy Services, and R.S. Andrews, as part of a national network of 70+ service centers in 22 states.
“With this acquisition, ARS is increasing its strong presence in Virginia, which includes ARS/Rescue Rooter Manassas in Manassas, Virginia, McCarthy Services in Lorton, Virginia, and R.S. Andrews in Portsmouth, Virginia.”
Enercare's CEO framed the Service Experts acquisition as a strategic North American expansion, positioning the combined company as a North American market leader in home services.
““North American expansion has been part of our strategic roadmap and is a natural extension to our business. Through Service Experts we emerge as a North American market leader, creating new opportunities for growth and broadening our scope from Canada to North America while driving considerable incremental value for shareholders.””
The Unique Air acquisition builds on ARS's existing Florida network spanning Jacksonville, Fort Lauderdale, Tampa Bay, Orlando, Vero Beach, Ft. Myers, Ft. Walton Beach, and Miami, signaling continued regional roll-up density.
“With this acquisition, ARS builds on its extensive presence in Florida, which includes Florida Home Air Conditioning of Jacksonville, Aspen Air Conditioning of Fort Lauderdale, along with ARS/Rescue Rooter of Tampa Bay, Orlando, Vero Beach, Ft. Myers, Ft. Walton Beach, and ARS of Miami.”
The acquisition provides Enercare with entry into the U.S. HVAC services market and enables the introduction of its rental products to Service Experts' customer base.
“The acquisition would give Enercare access to the U.S. HVAC services market and also allow the company to introduce its rental products and service offerings to Service Experts' customers.”
ARS framed the Aspen Air acquisition as broadening its statewide Florida presence, marking the eighth major metro market it serves in the state as part of a stated national growth strategy.
“The Aspen Air acquisition is in the eighth major metro market that ARS serves in Florida, further broadening its statewide presence.”
Service Experts framed the Levy & Son deal as significantly expanding its presence in a fast-growing metro and deepening its plumbing services commitment; the company operates more than 95 locations serving over 2,000 homes and businesses per day.
“Service Experts Heating & Air Conditioning operates more than 95 locations serving more than 2,000 homes and businesses per day.”
Service Experts framed the Levy & Son acquisition as a significant geographic expansion into one of the country's fastest-growing metro areas, with stated ambitions for robust regional sales growth.
“This acquisition significantly expands our presence in one of the country’s fastest-growing metropolitan areas, positioning Service Experts for robust sales growth in that region.”
Arsenal Capital's operating partner framed the TP Electrical deal as part of a strategy to expand Source's national footprint and build an industry-leading independent refrigeration and HVAC company.
“The acquisition of TP strengthens the capabilities of our existing service and installation operations in the Southeast and supports our overall strategy of continuing to expand our national footprint while we build an industry-leading independent refrigeration and HVAC company.”
ABM is positioning its Facility Solutions business for long-term success by expanding key services including Building & Energy Solutions and Integrated Facility Solutions. The company is leveraging its mobile network to offer bundled HVAC, energy, electrical, plumbing, and other building trades services to drive demand.
“Positioning the business for long-term success by focusing and expanding key services: Building & Energy Integrated Facility Solutions Government Building & Energy Solutions revenue and operating profit for the quarter up 10.3% and 17.5%, respectively”
ARS framed the Conway Services purchase as aligning with its strategic vision for growth and national network expansion.
“We partnered with Conway Services to be a part of our national network because its commitment to total customer satisfaction and doing things right the first time coincides with our strategic vision for growth”
ARS/Rescue Rooter's CEO framed the Beutler deal as part of an explicit strategy of building a nationwide HVAC and plumbing footprint by continuing to add service providers.
“We are building a nationwide HVAC and plumbing footprint by continuing to add quality service providers such as Beutler”
ARS framed the Beutler deal as its entry into the Northern California market and stated an intent to replicate such strategic alliances nationwide as part of building a nationwide HVAC and plumbing footprint.
““We are building a nationwide HVAC and plumbing footprint by continuing to add quality service providers such as Beutler,” said Don Karnes, ARS/Rescue Rooter chief executive officer.”
After acquiring EAS, ARS/Rescue Rooter intends to expand the Energy Efficient Attic program through its existing business locations across the country, with EAS continuing under its name in Texas and Phoenix.
“In Texas and Phoenix, EAS will continue to operate under its existing name with current management. ARS/Rescue Rooter also intends to expand the Energy Efficient Attic program through its existing business locations across the country.”
ARS/Rescue Rooter intends to expand the Energy Efficient Attic program through its existing business locations across the country, signaling a service-line and geographic expansion.
“ARS/Rescue Rooter also intends to expand the Energy Efficient Attic program through its existing business locations across the country.”
ARS/Rescue Rooter framed the acquisition as a platform for geographic expansion, planning an additional branch north of Boston, as part of a coast-to-coast acquisition strategy.
“This acquisition marks ARS/Rescue Rooter’s first presence in Massachusetts, and will serve as a platform for the company to grow its services throughout the Greater Boston area.”
The Climate Zone acquisition is ARS/Rescue Rooter's first Massachusetts presence and will serve as a platform to grow services across Greater Boston, including a new branch in the Woburn area.
“This acquisition marks ARS/Rescue Rooter’s first presence in Massachusetts, and will serve as a platform for the company to grow its services throughout the Greater Boston area.”
The acquisition of Barnett Heating and Air increases Buckeye's regional scope, augmenting its existing Energy King operation in Sacramento and allowing the enterprise to consolidate overhead and expand its footprint in central California.
“The new acquisition will increase Buckeye’s revenue stream, contributing an expected $3.5 million boost to annual revenue. It also increases Buckeye’s scope of operations regionally, augmenting Buckeye’s existing Energy King operation based in Sacramento.”
With the acquisitions of Smith-Boughan and EASI, Exigent now has operations in the Mid-Atlantic, Southeast, Northeast, and Midwest regions and continues seeking partnerships with union mechanical and plumbing service companies in the eastern half of the U.S.
“Upon the completion of these acquisitions, Exigent will have operations in the Mid-Atlantic, Southeast, Northeast, and Midwest regions of the United States. Exigent continues to seek new partnerships with highly technical, union-powered mechanical and plumbing service companies in the eastern half of the country.”