Every PE/M&A signal we can find, concrete deals and the broader market mood, each pinned to a
verbatim quote from its source. 1121 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.
Signal volume over time
1,092 dated signals shown · 29 undated (excluded from the chart).
Roll-up platform Southern Home Services acquired Presidential Heating & Air Conditioning, a Gaithersburg, Maryland residential HVAC/IAQ/electrical contractor, establishing its first business unit in Maryland.
“Southern Home Services has acquired Presidential Heating & Air Conditioning Inc., a local residential contractor specializing in HVAC, IAQ, and electrical services.”
CoolSys, the nationwide commercial refrigeration/HVAC consolidator, acquired Philadelphia-based Lima Company, a blended commercial/industrial HVAC, refrigeration, plumbing and energy services provider, to deepen its Mid-Atlantic presence.
“the market-leading nationwide provider of sustainable refrigeration, HVAC, energy and engineering solutions, announced it has acquired Lima Company, a respected, blended service provider of commercial and industrial HVAC, refrigeration, plumbing and energy services throughout Eastern Pennsylvania, Delaware, Maryland and New Jersey.”
Southern frames the acquisition as part of a strategy to expand in the lower Southeast, Midwest and Mid-Atlantic, with plans to add electrical and home standby generator service lines.
“This acquisition aligns perfectly with our goal of enhancing our service offerings in the lower Southeast, Midwest and Mid-Atlantic regions and expands our market presence in our own home market of Orlando.”
Southern Home Services completed the acquisition of Pro-Tech Air Conditioning & Plumbing, an Orlando-area HVAC and plumbing contractor, expanding its market presence and service offerings under a 'One Call. One Company.' multi-trade home services model.
“Southern Home Services (“Southern”), a leading provider of essential residential and light commercial home services has completed the acquisition of Pro-Tech Air Conditioning & Plumbing (“Pro-Tech”), a leading local customer-focused home services contractor, specializing in heating, air conditioning, indoor air quality and plumbing services to their many residential customers throughout the greater Orlando market.”
The article discloses that acquirer Right Time Group of Companies is majority-owned by middle-market private equity firm Gryphon Investors, identifying the PE sponsor behind the home-services roll-up.
“Right Time is majority-owned by Gryphon Investors, a middle-market private equity firm.”
Right Time Group of Companies, a Canadian home-services consolidator with more than two dozen locations, acquired Calgary-based Knight Plumbing, Heating & Air Conditioning, expanding its Western Canada footprint. Terms were not disclosed.
“Right Time Group of Companies, a home services provider with more than two dozen locations in Canada, has acquired Knight Plumbing, Heating & Air Conditioning, expanding its growth in Western Canada.”
Right Time Group of Companies, a Canadian home-services platform majority-owned by PE firm Gryphon Investors, acquired Calgary-based Knight Plumbing, Heating & Air Conditioning, expanding its presence in Western Canada.
“ST. CATHARINES, Ontario — Right Time Group of Companies, a home services provider with more than two dozen locations in Canada, has acquired Knight Plumbing, Heating & Air Conditioning, expanding its growth in Western Canada.”
Knight is the 20th acquisition by Right Time as part of its continued growth strategy; the platform now operates from 26 locations across six provinces with over 1,400 employees.
“Knight is the 20 th acquisition completed by Right Time as part of its continued growth strategy.”
Gryphon Investors-backed Right Time Group, Canada's leading residential HVAC operator, acquired Calgary-based Knight Plumbing Heating & Air Conditioning, its 20th acquisition, expanding in Western Canada.
“Right Time Group of Companies ("Right Time"), Canada's leading home services provider, announced today the acquisition of Calgary, Alberta -based Knight Plumbing Heating & Air Conditioning ("Knight" or the "Company"), expanding its growth in Western Canada.”
Knight is the 20th acquisition by Right Time as part of its continued growth strategy; the platform now operates from 26 locations across six provinces with over 1,400 employees.
“Knight is the 20 th acquisition completed by Right Time as part of its continued growth strategy.”
Gryphon Investors-backed Right Time Group, Canada's leading residential HVAC operator, acquired Calgary-based Knight Plumbing Heating & Air Conditioning, its 20th acquisition, expanding in Western Canada.
“Right Time Group of Companies ("Right Time"), Canada's leading home services provider, announced today the acquisition of Calgary, Alberta -based Knight Plumbing Heating & Air Conditioning ("Knight" or the "Company"), expanding its growth in Western Canada.”
American Residential Services (ARS/Rescue Rooter) acquired San Diego-based Tarpy Plumbing, Heating & Air, a ~50-employee residential HVAC/plumbing contractor, expanding ARS's home-services presence in California.
“American Residential Services (ARS/Rescue Rooter), a provider of HVAC and plumbing services, has acquired San Diego-based of Tarpy Plumbing, Heating & Air.”
American Residential Services (ARS/Rescue Rooter) acquired San Diego-based Tarpy Plumbing, Heating & Air, a residential HVAC and plumbing contractor with ~50 employees, expanding ARS's home-services presence in Southern California.
“Memphis, Tenn. — American Residential Services (ARS/Rescue Rooter), a provider of HVAC and plumbing services, has acquired San Diego-based of Tarpy Plumbing, Heating & Air.”
Pro-Tech president/owner Hector Rebollo expressed a positive rationale for selling into the Southern Home Services platform, citing its customer-first approach.
““We decided to partner with Southern Home Services because of their customer-first approach,” said Hector Rebollo, president and owner of Pro-Tech.”
Southern Home Services completed the acquisition of Pro-Tech Air Conditioning & Plumbing, an Orlando-area residential HVAC/IAQ/plumbing contractor; Pro-Tech keeps its name, branding, and employees.
“Southern Home Services, a provider of essential residential and light commercial home services, has completed the acquisition of Pro-Tech Air Conditioning & Plumbing, a home services contractor specializing in heating, air conditioning, IAQ, and plumbing services to residential customers throughout the greater Orlando market.”
PE-backed roll-up platform Southern Home Services completed the acquisition of Pro-Tech Air Conditioning & Plumbing, an Orlando-based HVAC, IAQ and plumbing contractor, as an add-on expanding its presence in its home market.
“Southern Home Services, a provider of essential residential and light commercial home services, has completed the acquisition of Pro-Tech Air Conditioning & Plumbing, a home services contractor specializing in heating, air conditioning, IAQ, and plumbing services to residential customers throughout the greater Orlando market.”
Right Time, the acquiring HVAC services group, is majority-owned by San Francisco-based private equity firm Gryphon Investors and operates across Ontario, Manitoba, Saskatchewan, Alberta and B.C.
“Right Time, majority-owned by San Francisco-based private equity firm Gryphon Investors, has operations in Ontario, Manitoba, Saskatchewan, Alberta, and B.C.”
Right Time Group of Companies added two more locations, reaching 25 across central and western Canada, via acquisitions of Thomson Industries Ltd. (Port Coquitlam, B.C.) and Oosterveld Heating and Air Conditioning (Guelph, Ont.); both companies' management and employees joined Right Time.
“Right Time Group of Companies now has 25 locations across central and western Canada with recent acquisitions of Thomson Industries Ltd. of Port Coquitlam, B.C. and Oosterveld Heating and Air Conditioning of Guelph, Ont.”
The Park Ridge deal, combined with Sila's other recent Midwest investments, is described as strengthening its presence across that strategic growth market.
“The acquisition, coupled with Sila Services' other recent Midwest regional investments, strengthens its presence across this strategic growth market.”
PE-backed home-services platform Sila Services acquired Northbrook, Illinois HVAC company Park Ridge Unique Indoor Comfort, expanding its Midwest presence as part of recent regional investments.
“Sila Services LLC acquired Park Ridge Unique Indoor Comfort Inc., a family-owned, Northbrook, Illinois-based HVAC company specializing in heating and cooling installation and repairs since 1967.”
Sila frames the Park Ridge deal as part of a broader pattern of recent Midwest regional investments to strengthen its presence in a strategic growth market.
“The acquisition, coupled with Sila Services' other recent Midwest regional investments, strengthens its presence across this strategic growth market.”
PE-backed roll-up platform Sila Services acquired Northbrook, Illinois HVAC company Park Ridge Unique Indoor Comfort as part of its Midwest regional expansion strategy.
“Sila Services LLC acquired Park Ridge Unique Indoor Comfort Inc., a family-owned, Northbrook, Illinois-based HVAC company specializing in heating and cooling installation and repairs since 1967.”
The article discloses that Right Time Group is majority-owned by Gryphon Investors, a middle-market private equity firm, confirming the PE backing behind the roll-up platform.
“Right Time is majority-owned by Gryphon Investors, a middle-market private equity firm.”
Right Time Group of Companies, a home-services roll-up majority-owned by PE firm Gryphon Investors, acquired Greater Vancouver-based Thomson Industries Ltd. for residential HVAC/electrical/IAQ services in British Columbia. It is Right Time's 18th acquisition.
“Right Time Group of Companies, a home services provider, acquired Greater Vancouver-based Thomson Industries Ltd., furthering its growth in British Columbia.”
The Thomson deal marks Right Time's 18th acquisition as part of its ongoing growth strategy; Right Time is majority-owned by middle-market PE firm Gryphon Investors.
“Thomson is the 18 th acquisition completed by Right Time as part of its ongoing growth strategy.”
Right Time Group of Companies, a Canadian home-services roll-up majority-owned by PE firm Gryphon Investors, acquired Greater Vancouver-based Thomson Industries Ltd., its 18th acquisition, expanding in British Columbia.
“Right Time Group of Companies, a home services provider, acquired Greater Vancouver-based Thomson Industries Ltd., furthering its growth in British Columbia.”
Daikin Applied announced the acquisition of Carroll Air Systems, a Tampa-based HVAC representative serving Central and West Coast Florida. The deal creates a combined entity providing comprehensive HVAC systems, services, and parts, with Carroll Air's CEO leading the merged operations under the Daikin Applied brand.
“Daikin Applied today announced that it has acquired Carroll Air Systems, a Tampa, Fla.-based company that provides heating, ventilation and air-conditioning (HVAC) systems and services for commercial, industrial and institutional facilities.”
Ken Goodrich recounts acquiring and resurrecting the Goettl HVAC brand, which had fallen on hard times, framing the rescue as personal destiny tied to his family history with the brand.
“you know Gettl kind of fell on some hard times and I kind of felt like it was my destiny to save it”
Billy Stevens notes that some of the home-service companies that passed on his early roll-up deals ended up being acquired into the Wrench Group anyway, illustrating broad consolidation in the space.
“And some of those companies that passed ended up being in the wrench group anyway, so that's fine”
Goettl (owned/revived by Ken Goodrich) is described as having made many acquisitions, a topic of high interest to owners who are considering selling or preparing for an eventual sale.
“So you guys have you guys have obviously been making a lot of acquisitions”
Sila's CEO frames the Absolute deal within an ongoing platform strategy of aligning with partner brands across the Connecticut and New York region and investing in best practices, training, and technology.
“As we continue our strategy of aligning with great partners and accelerating their success, Absolute is a tremendous addition to our team.”
Sila Services LLC, a multi-brand home-services platform, acquired Absolute Air Services of Portland, Connecticut, adding it to its existing brands in the Connecticut and New York region as part of its strategy of aligning with partners and accelerating their success.
“PHILADELPHIA — Sila Services LLC acquired Absolute Air Services based in Portland, Connecticut.”
Sila Services LLC, a multi-brand home services platform, acquired Absolute Air Services of Portland, Connecticut, an HVAC installation, repair, and maintenance company, adding to its Connecticut and New York footprint.
“Sila Services LLC acquired Absolute Air Services based in Portland, Connecticut.”
The article discloses that Right Time Group is majority-owned by Gryphon Investors, a middle-market private equity firm, establishing the PE ownership behind this HVAC consolidation platform.
“Right Time is majority-owned by Gryphon Investors, a leading middle-market private equity firm.”
The Oosterveld deal is explicitly Right Time's 17th acquisition under a strategic growth plan, evidencing an active PE-backed residential HVAC roll-up.
“Oosterveld Heating and Air Conditioning is the 17”
Right Time Group of Companies, a Canadian residential HVAC contractor majority-owned by PE firm Gryphon Investors, acquired Guelph-based Oosterveld Heating and Air Conditioning, expanding its southern Ontario presence. It is Right Time's 17th acquisition under its growth plan.
“ST. CATHARINES, Ontario — Right Time Group of Companies, a Canadian residential HVAC contractor, acquired Guelph-based Oosterveld Heating and Air Conditioning, further solidifying its growing presence in southern Ontario.”
The Oosterveld deal marks Right Time's 17th acquisition as part of its strategic growth plan, with Right Time noted as majority-owned by middle-market private equity firm Gryphon Investors.
“Oosterveld Heating and Air Conditioning is the 17 th acquisition completed by Right Time as part of its strategic growth plan.”
Right Time Group of Companies, a Canadian residential HVAC contractor majority-owned by Gryphon Investors, acquired Guelph-based Oosterveld Heating and Air Conditioning — its 17th acquisition under its growth plan.
“ST. CATHARINES, Ontario — Right Time Group of Companies, a Canadian residential HVAC contractor, acquired Guelph-based Oosterveld Heating and Air Conditioning, further solidifying its growing presence in southern Ontario.”
Right Time is majority-owned by PE firm Gryphon Investors; the Oosterveld deal is its 17th acquisition and fourth in a year, with operations now spanning 24 locations across five Canadian provinces.
“Right Time, majority-owned by San Francisco-based private equity firm Gryphon Investors, now operates out of 24 locations in Canada with operations in Ontario, Manitoba, Saskatchewan, Alberta, and British Columbia”
PE-backed Right Time Group of Companies acquired Guelph-based Oosterveld Heating and Air Conditioning, its 17th acquisition and fourth in the past year, expanding its Southern Ontario residential HVAC footprint.
“Right Time Group of Companies continues to grow in Southern Ontario with the acquisition of Guelph -based [Oosterveld Heating and Air Conditioning](https://oosterveldheating.com/).”
The SEER Group LLC describes itself as a platform bringing together HVAC, electrical, and plumbing companies, providing flexible investment solutions that let owners sell all or part of their businesses and facilitate planned exit strategies.
“) was established to bring together industry-leading residential and commercial HVAC, electrical, and plumbing companies. It's mission is to help its partner company owners grow their businesses, achieve their financial goals, and facilitate planned exit strategies. Through flexible investment solutions, The SEER Group LLC provides entrepreneurs with the opportunity to sell all or part of their businesses depending on their financial goals and other objectives.”
The Border Sheet Metal & Heating deal marks The SEER Group's twenty-eighth acquisition as it rapidly grows its footprint in Idaho and expands into new states.
“This is the twenty-eighth acquisition for The SEER Group LLC, rapidly growing its footprint in Idaho while continuing its expansion into new states.”
The SEER Group LLC announced the acquisition of a majority stake in Border Sheet Metal & Heating of Hayden, Idaho. The selling family owners retain their brand and continue leading the company as SEER Group partners.
“recently announced the acquisition of a majority stake in”
The SEER Group LLC acquired a majority stake in Border Sheet Metal & Heating of Hayden, Idaho. This is the platform's twenty-eighth acquisition, growing its Idaho footprint as it expands into new states.
“recently announced the acquisition of a majority stake in [Border Sheet Metal & Heating](http://www.bordersheetmetal.com/) located in Hayden, Idaho. This is the twenty-eighth acquisition for The SEER Group LLC, rapidly growing its footprint in Idaho while continuing its expansion into new states.”
Huron Capital's ExecFactor portfolio platform Exigent Holdco acquired JPG Plumbing & Mechanical Services (Maryland) and ThermaServe (Florida), adding scale in the DMV area and new Southeast locations to its mechanical-services roll-up.
“Lower middle-market private equity firm Huron Capital’s portfolio company Exigent Holdco LLC, a provider of mission-critical HVAC, plumbing, and other mechanical system repair, maintenance, and replacement services, has acquired JPG Plumbing & Mechanical Services Inc. and ThermaServe Inc.”
