Every PE/M&A signal we can find, concrete deals and the broader market mood, each pinned to a
verbatim quote from its source. 466 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.
CoolSys, a nationwide parent of refrigeration and HVAC services companies, acquired Tech Mechanical, a commercial and industrial HVACR services provider in southeast Michigan, strengthening its commercial division and expanding its Midwest presence.
“CoolSys™, a parent of refrigeration and HVAC services companies nationwide, has announced the acquisition of Tech Mechanical, a provider of commercial and industrial HVACR services serving southeast Michigan. This acquisition will strengthen the CoolSys commercial division and expand its market presence into Michigan.”
HVACRefrigeration
www.achrnews.com CoolSys, a parent of refrigeration and HVAC companies nationwide, acquired BRR Refrigeration, a commercial refrigeration and HVAC services company in Virginia Beach, marking its first entry into the Mid-Atlantic region as part of an active M&A roll-up strategy.
“CoolSys, a parent of market-leading refrigeration and HVAC companies nationwide, announced it has acquired BRR Refrigeration, a commercial refrigeration and HVAC services company based in Virginia Beach, Virginia.”
Pueblo Mechanical & Controls, Huron Capital's ExecFactor HVAC platform, acquired Niemeyer Brothers Plumbing, adding commercial plumbing as a new service line in the greater Phoenix area.
“Huron Capital announced that its HVAC installation, retrofit, and repair services ExecFactor® platform, Pueblo Mechanical & Controls (“Pueblo”), has acquired Niemeyer Brothers Plumbing, Inc. (“Niemeyer”).”
HVACPlumbing
www.achrnews.com Huron Capital's ExecFactor platform Pueblo Mechanical & Controls acquired Niemeyer Brothers Plumbing, its sixth add-on, establishing plumbing as a new service line in the Phoenix area.
“Huron Capital announced that its HVAC installation, retrofit, and repair services ExecFactor® platform, Pueblo Mechanical & Controls (“Pueblo”), has acquired Niemeyer Brothers Plumbing, Inc. (“Niemeyer”). Financial terms of the transaction were not disclosed.”
CoolSys, a nationwide parent of refrigeration and HVAC services companies, acquired Building Air Services, a commercial HVACR and building-controls service and PM provider, strengthening its light commercial division and expanding its presence across nine Southeast/Southwest states.
“CoolSys™, a parent of market-leading refrigeration and HVAC services companies nationwide, has announced the acquisition of Building Air Services, a provider of service and preventive maintenance programs for commercial air conditioning, heating, refrigeration, and automated building controls. Through this acquisition, CoolSys strengthens its light commercial division and expands its presence in Florida, North Carolina, South Carolina, Georgia, Alabama, Mississippi, Louisiana, Texas, and Arizona.”
HVACRefrigeration
www.achrnews.com CoolSys, a national parent of refrigeration and HVAC services companies, acquired Building Air Services, a Southeast US commercial HVAC-R service provider, strengthening its light-commercial division and expanding geographic presence across nine states.
“CoolSys, a parent of market-leading refrigeration and HVAC services companies nationwide, has announced the acquisition of Building Air Services, a provider of service and preventive maintenance programs for commercial air conditioning, heating, refrigeration and automated building controls.”
Huron Capital's ExecFactor HVAC platform Pueblo Mechanical & Controls completed the acquisition of Innovative Mechanical Systems (IMS), a commercial HVAC services provider in the Phoenix area. This is the fifth add-on completed by Pueblo.
“Huron Capital announced that its HVAC installation, retrofit, and repair services ExecFactor® platform, Pueblo Mechanical & Controls (“Pueblo”), has acquired Innovative Mechanical Systems (“IMS”). Financial terms of the transaction were not disclosed.”
Huron Capital's ExecFactor platform Pueblo Mechanical & Controls acquired Innovative Mechanical Systems (IMS), a commercial HVAC provider in Phoenix; this is Pueblo's fifth add-on acquisition.
“Huron Capital announced that its HVAC installation, retrofit, and repair services ExecFactor® platform, Pueblo Mechanical & Controls (“Pueblo”), has acquired Innovative Mechanical Systems (“IMS”).”
The SEER Group LLC acquired Climate Control Inc. of Tigard, Oregon, its second Oregon acquisition after Specialty Heating and Cooling in March. Climate Control will operate as a division of Specialty Heating and Cooling.
“The SEER Group LLC announced its acquisition of Climate Control Inc. in Tigard, Oregon. This addition represents the second acquisition for The SEER Group LLC in Oregon after its acquisition of Specialty Heating and Cooling Inc. in March.”
The SEER Group LLC acquired Climate Control Inc. in Tigard, Oregon, its second Oregon acquisition after Specialty Heating and Cooling in March. Climate Control will operate as a division of Specialty Heating and Cooling.
“The SEER Group LLC announced its acquisition of Climate Control Inc. in Tigard, Oregon. This addition represents the second acquisition for The SEER Group LLC in Oregon after its acquisition of Specialty Heating and Cooling Inc. in March.”
The SEER Group LLC announced acquisitions of The Barton Boys (Spokane, WA) and Specialty Heating and Cooling (Tigard, OR), expanding its family of brands to eleven across four western states.
“REDMOND, WASH. – The SEER Group LLC announced its acquisitions of The Barton Boys Heating and Air Conditioning in Spokane, and Specialty Heating and Cooling in Tigard, Oregon. These two additions expand The SEER Group LLC’s brands to eleven in Washington, Oregon, Idaho, and California.”
The SEER Group LLC announced two HVAC contractor acquisitions: The Barton Boys Heating and Air Conditioning (Spokane) and Specialty Heating and Cooling (Tigard, Oregon), expanding its brand family to eleven across Washington, Oregon, Idaho, and California.
“The SEER Group LLC announced its acquisitions of The Barton Boys Heating and Air Conditioning in Spokane, and Specialty Heating and Cooling in Tigard, Oregon. These two additions expand The SEER Group LLC’s brands to eleven in Washington, Oregon, Idaho, and California.”
HVAC Positive
www.achrnews.com PE firm Huron Capital's HVAC platform Pueblo Mechanical & Controls acquired Newgaard Mechanical and CFM Mechanical, its second and third add-ons following the December 2018 Commercial Air deal.
“Private equity firm Huron Capital announced that its HVAC installation, retrofit, and repair services platform — Pueblo Mechanical & Controls — has acquired two additional businesses, Newgaard Mechanical Inc. and CFM Mechanical LLC. Following the December 2018 acquisition of Commercial Air, these transactions represent the second and third add-on acquisitions completed by Pueblo.”
HVACPlumbing
www.achrnews.com PE firm Huron Capital's HVAC services platform Pueblo Mechanical & Controls acquired Newgaard Mechanical and CFM Mechanical, its second and third add-ons after the December 2018 Commercial Air deal.
“Private equity firm Huron Capital announced that its HVAC installation, retrofit, and repair services platform — Pueblo Mechanical & Controls — has acquired two additional businesses, Newgaard Mechanical Inc. and CFM Mechanical LLC. Following the December 2018 acquisition of Commercial Air, these transactions represent the second and third add-on acquisitions completed by Pueblo.”
CoolSys, a nationwide parent of refrigeration and HVAC companies, acquired Arjae HVAC and Mechanical Services, a commercial/industrial HVAC and sheet-metal fabrication firm in Oregon, as part of its strategic growth plan to add market density and HVAC capabilities in the Pacific Northwest.
“BREA, Calif., — CoolSys™, a parent of refrigeration and HVAC companies nationwide, announced it acquired Arjae HVAC and Mechanical Services, which provides commercial and industrial HVAC installation and services, as well as sheet metal fabrication throughout the Pacific Northwest.”
HVACRefrigeration Positive
www.achrnews.com PE firm Huron Capital's commercial HVAC platform Pueblo Mechanical & Controls acquired Commercial Air Inc. of Phoenix, the first add-on to the platform Huron formed to pursue a buy-and-build strategy in the Southwestern U.S.
“DETROIT — Private equity firm Huron Capital announced that its HVAC replacement, retrofit, and repair services platform, Pueblo Mechanical & Controls acquired Commercial Air Inc.”
Huron Capital VP Danielle Lalli described Commercial Air as the first addition to the Pueblo family, supporting Pueblo's Arizona expansion strategy.
“We are excited to welcome Commercial Air as the first addition to the Pueblo family and to continue to provide exceptional HVAC services to our customer base.”
Huron Capital's commercial HVAC platform Pueblo Mechanical & Controls acquired Commercial Air Inc. of Phoenix, its first add-on, deepening Pueblo's presence in Arizona.
“DETROIT — Private equity firm Huron Capital announced that its HVAC replacement, retrofit, and repair services platform, Pueblo Mechanical & Controls acquired Commercial Air Inc.”
Goettl acquired Dutton Plumbing in California to expand its service offerings beyond HVAC into plumbing.
“Last year, Goettl acquired Dutton Plumbing in California to expand its offerings.”
Plumbing Positive
www.achrnews.com Direct Energy acquired Indianapolis-based residential new-construction HVAC company T.A. Kaiser Heating & Air, folding it into its Airtron division to broaden its U.S. new-construction HVAC footprint across four metro markets.
“HOUSTON — Direct Energy announced its acquisition of T.A. Kaiser Heating & Air Inc., a multi-city HVAC installation, repair, and maintenance company for residential new construction properties. Based in Indianapolis, Kaiser Heating & Air has office locations in Indianapolis, Charlotte, Raleigh, and Nashville, and will become part of Direct Energy’s Airtron division, a HVAC services provider for residential new construction in various U.S. regions.”
HVAC Positive
www.achrnews.com Direct Energy acquired Indianapolis-based T.A. Kaiser Heating & Air, a residential new-construction HVAC company with locations in Indianapolis, Charlotte, Raleigh, and Nashville, folding it into its Airtron division.
“Direct Energy announced its acquisition of T.A. Kaiser Heating & Air Inc., a multi-city HVAC installation, repair, and maintenance company for residential new construction properties. Based in Indianapolis, Kaiser Heating & Air has office locations in Indianapolis, Charlotte, Raleigh, and Nashville, and will become part of Direct Energy’s Airtron division”
Earlier in 2018, Midway Services, a Clearwater, FL residential plumbing/electrical/remodeling/HVAC company, became part of Service Experts, continuing to operate under its own name in the Tampa Bay market.
“Midway Services, a residential plumbing, electrical, remodeling, and HVAC company founded in 1957 and located in Clearwater, Florida, became part of Service Experts.”
ElectricalHVACPlumbing
www.achrnews.com Service Experts also recently acquired Admiral Plumbing Services, a Jupiter, FL plumbing company serving the greater West Palm Beach area, retained under founder Richard Bassoff's leadership.
“Service Experts also recently acquired Admiral Plumbing Services, a residential and commercial plumbing company located in Jupiter, Florida and serving the greater West Palm Beach area, including Palm Beach County, Martin County, and Port St Lucie.”
Plumbing
www.achrnews.com HVAC services platform Service Experts acquired The Pink Plumber (Aames Plumbing & Heating), a residential/commercial plumbing company with Atlanta, Tampa, and Dallas locations, adding plumbing and septic services.
“Service Experts Heating & Air Conditioning LLC announced the acquisition of The Pink Plumber, a residential and commercial plumbing company with locations in Atlanta, Tampa, and Dallas.”
HVACPlumbing
www.achrnews.com Earlier in 2018, Midway Services, a residential plumbing, electrical, remodeling, and HVAC company in Clearwater, Florida, became part of Service Experts.
“Earlier this year, Midway Services, a residential plumbing, electrical, remodeling, and HVAC company founded in 1957 and located in Clearwater, Florida, became part of Service Experts.”
Service Experts acquired Admiral Plumbing Services, a residential and commercial plumbing company in Jupiter, Florida serving the greater West Palm Beach area.
“Service Experts also recently acquired Admiral Plumbing Services, a residential and commercial plumbing company located in Jupiter, Florida and serving the greater West Palm Beach area, including Palm Beach County, Martin County, and Port St Lucie.”
Service Experts Heating & Air Conditioning acquired The Pink Plumber (Aames Plumbing & Heating), a residential and commercial plumbing company with locations in Atlanta, Tampa, and Dallas, continuing its U.S. expansion.
“Service Experts Heating & Air Conditioning LLC announced the acquisition of The Pink Plumber, a residential and commercial plumbing company with locations in Atlanta, Tampa, and Dallas.”
Southern HVAC Corp. announced the acquisition of three Florida home-service companies: FAST of Florida (Clearwater), Duron Smith A/C & Heat (Melbourne), and Patrick's Heating and Air Conditioning (Ocala).
“Southern HVAC Corp. has announced the acquisition of FAST of Florida, a prevalent HVAC, plumbing and electric service provider in Clearwater, Florida; Duron Smith A/C & Heat, a prominent HVAC repair, maintenance, and installation service provider in Melbourne, Florida; and Patrick’s Heating and Air Conditioning, a leading provider of HVAC service and repair and water heater installation services in Ocala, Florida.”
IES Holdings acquired Technical Services, a mechanical (HVAC) services provider in Chesapeake, VA, in June 2017. The acquisition is an add-on to STR Mechanical, expanding the company's mechanical services offering and geographic reach.
“Technical Services June 2017 Mechanical (HVAC) services (Chesapeake, VA) Add-on to STR Mechanical Expands mechanical services offering and geographic reach Commercial & Industrial (STR Mechanical)”
ARS, a privately held national HVAC, heating and plumbing services provider, acquired the assets of HVAC of Lexington (dba Comfort Heating & Air), a family-owned business operating for over 19 years in the greater Lexington area.
“MEMPHIS, Tenn. — American Residential Services (ARS), a Memphis, Tennessee-based, privately-held national provider of air conditioning, heating, and plumbing services, has acquired the assets of HVAC of Lexington (dba Comfort Heating & Air).”
HVACPlumbing Positive
www.achrnews.com American Residential Services (ARS) acquired the assets of HVAC of Lexington (dba Comfort Heating & Air), a 19-year family-owned business, adding Kentucky and bringing its national reach to 23 states.
“American Residential Services (ARS), a Memphis, Tennessee-based, privately-held national provider of air conditioning, heating, and plumbing services, has acquired the assets of HVAC of Lexington (dba Comfort Heating & Air).”
The Wrench Group, a multi-trade home-services platform formed in March 2016, made its first acquisition, buying Dallas heritage HVAC/plumbing/electrical brand Baker Brothers to expand its Dallas-Fort Worth presence.
“Baker Brothers represents the first acquisition for Wrench since its formation in March, 2016.”
ElectricalHVACPlumbing
www.achrnews.com The Wrench Group, an HVAC/plumbing/electrical home-services platform, acquired Baker Brothers to expand its presence in the Dallas market. This was Wrench's first acquisition since the platform's formation in March 2016.
“The Wrench Group, a home maintenance and repair company specializing in heating, ventilation, air conditioning, plumbing, and electrical services, announced the acquisition of Baker Brothers in a deal aimed at expanding its presence in the Dallas market. Baker Brothers represents the first acquisition for Wrench since its formation in March, 2016.”
Goettl Air Conditioning expanded its Las Vegas operations by merging with two local HVAC companies, Las Vegas Air and Paradise Air, adding 20+ employees and 15 trucks.
“Goettl Air Conditioning recently merged with Las Vegas Air and Paradise Air, adding more than 20 employees and 15 trucks. Las Vegas Air primarily serves residential customers while Paradise Air services the multi-family and rental home market.”
Goettl Air Conditioning merged with Las Vegas Air and Paradise Air, adding more than 20 employees and 15 trucks to expand its Las Vegas footprint; Goettl reported 500 percent year-over-year growth since 2015.
“Goettl Air Conditioning recently merged with Las Vegas Air and Paradise Air, adding more than 20 employees and 15 trucks. Las Vegas Air primarily serves residential customers while Paradise Air services the multi-family and rental home market.”
Audax-backed Source Refrigeration & HVAC partnered with management to acquire Refrigeration Solutions Inc. and Advanced Refrigeration Systems (RSI), a Northern California commercial refrigeration services provider, as part of a stated roll-up strategy.
“Source Refrigeration & HVAC announced that it has partnered with management to acquire Refrigeration Solutions Inc. and Advanced Refrigeration Systems (together, RSI). Terms of the transaction were not disclosed.”
HVACRefrigeration
www.achrnews.com Source Refrigeration & HVAC, an Audax-backed commercial refrigeration platform, partnered with management to acquire RSI (Refrigeration Solutions Inc. and Advanced Refrigeration Systems) in Northern California, an add-on consistent with its stated buy-and-build strategy.
“Source Refrigeration & HVAC announced that it has partnered with management to acquire Refrigeration Solutions Inc. and Advanced Refrigeration Systems (together, RSI).”
American Residential Services (ARS), a national HVAC and plumbing services provider, acquired the assets of Weather Crafters in the Richmond, Virginia area and will rebrand it as ARS of Richmond, strengthening its Virginia footprint.
“American Residential Services (ARS), a privately-held national provider of air conditioning, heating, and plumbing services, announced that it has acquired the assets of Weather Crafters, Chester, Virginia.”
HVACPlumbing
www.achrnews.com ARS, a national HVAC/heating/plumbing services provider, acquired the assets of Weather Crafters in Chester, Virginia, rebranding it ARS of Richmond and strengthening its northern Virginia footprint.
“American Residential Services (ARS), a privately-held national provider of air conditioning, heating, and plumbing services, announced that it has acquired the assets of Weather Crafters, Chester, Virginia. Located in the Richmond area, it will be rebranded as ARS of Richmond.”
ARS acquired the assets of family-owned Allgood Plumbing, Electric, Heating & Cooling in Snellville, Georgia, an add-on expanding its Atlanta-area presence within the ARS/Rescue Rooter network.
“MEMPHIS, Tenn. — American Residential Services (ARS), a national provider of air conditioning, heating, and plumbing services, announced it has acquired the assets of Allgood Plumbing, Electric, Heating & Cooling in Snellville, Georgia.”
ElectricalHVACPlumbing
www.achrnews.com American Residential Services (ARS) acquired the assets of Allgood Plumbing, Electric, Heating & Cooling in Snellville, Georgia, expanding its presence in the Atlanta market within the ARS/Rescue Rooter Network.
“American Residential Services (ARS), a national provider of air conditioning, heating, and plumbing services, announced it has acquired the assets of Allgood Plumbing, Electric, Heating & Cooling in Snellville, Georgia.”
ARS, a national HVAC/plumbing platform, acquired the assets of Unique Air Services in Bradenton, Florida, expanding its Florida footprint as an add-on to its ARS/Rescue Rooter network.
“MEMPHIS, Tenn. — American Residential Services (ARS), a national provider of air conditioning, heating, and plumbing services, has acquired the assets of Unique Air Services in Bradenton, Florida.”
HVACPlumbing
www.achrnews.com American Residential Services (ARS), a national HVAC/plumbing home-services platform, acquired the assets of Unique Air Services, a 40-year family-owned company in the greater Sarasota area, expanding ARS's Florida footprint. Clear home-services roll-up tuck-in.
“American Residential Services (ARS), a national provider of air conditioning, heating, and plumbing services, has acquired the assets of Unique Air Services in Bradenton, Florida.”
IES Holdings acquired STR Mechanical in April 2016. STR Mechanical provides mechanical (HVAC) services in Charlotte, NC, and fits within the Commercial & Industrial segment.
“STR Mechanical April 2016 Mechanical (HVAC) services (Charlotte, NC) Service focus Industry veteran Commercial & Industrial”
American Residential Services acquired the assets of Aspen Air Conditioning in Boca Raton, Florida, adding it to the ARS national HVAC/plumbing network.
“MEMPHIS, Tenn. — American Residential Services (ARS), a national provider of HVAC and plumbing services, announced that it has acquired the assets of Aspen Air Conditioning in Boca Raton, Florida.”
American Residential Services, a national HVAC and plumbing platform, acquired the assets of Aspen Air Conditioning in Boca Raton, FL and Atlas Trillo in San Jose, CA, adding both to its national service network.
“MEMPHIS, Tenn. — American Residential Services (ARS), a national provider of HVAC and plumbing services, announced that it has acquired the assets of Aspen Air Conditioning in Boca Raton, Florida, and Atlas Trillo in San Jose, California.”
HVACPlumbing
www.achrnews.com ARS, a national HVAC and plumbing home-services provider, acquired the assets of Greenstar Home Services (Orange, CA and Las Vegas). The California location keeps the Greenstar brand; the Las Vegas location is consolidated into ARS's Yes! Air Conditioning and Plumbing brand.
“MEMPHIS, Tenn. — American Residential Services (ARS), a national provider of HVAC and plumbing services, announced it has acquired the assets of Greenstar Home Services. Greenstar has two locations operating out of Orange, California, and Las Vegas, which provide homeowners with HVAC and plumbing services, installation, and repair. The location serving Southern California will retain the Greenstar brand and continue to operate as an independent service center. The Las Vegas location will be consolidated with ARS’ local brand, Yes! Air Conditioning and Plumbing®.”
HVACPlumbing
www.achrnews.com Modern Heating and Air Conditioning of Minneapolis was acquired by MSHC Inc. (dba Service Logic), one of the largest independent HVAC mechanical services companies in the US.
“Modern Heating and Air Conditioning Inc., headquartered in Minneapolis, has been acquired by MSHC Inc., dba Service Logic, headquartered in Denver.”
SE Holdco, parent of Service Experts Heating and Air Conditioning, purchased the assets of 105-year-old Dallas HVAC and plumbing firm Levy & Son Plumbing. The article frames it as Service Experts' first major acquisition of 2015, following three purchases in 2014.
“purchased the assets of
Levy & Son Plumbing Inc.
, a 105-year-old Dallas-based HVAC and plumbing company. The transaction marks the company’s first major acquisition in 2015, after completing three purchases in 2014.”
HVACPlumbing
www.achrnews.com SE Holdco LLC, parent of Service Experts Heating and Air Conditioning, purchased the assets of Levy & Son Plumbing, a 105-year-old Dallas HVAC and plumbing company — its first major acquisition of 2015 following three purchases in 2014.
“SE Holdco LLC, the parent company of [Service Experts Heating and Air Conditioning LLC](http://www.serviceexperts.com/), purchased the assets of [Levy & Son Plumbing Inc.](http://levyandson.com/dallas-heating-air-conditioning-plumbing-services/plumbers/), a 105-year-old Dallas-based HVAC and plumbing company. The transaction marks the company’s first major acquisition in 2015, after completing three purchases in 2014.”
Service Experts · Acquirer Bernard Levy · Mentioned Levy & Son Plumbing Inc. · Target SE Holdco LLC · Parent Scott J. Boxer · Mentioned 