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.
Southeastern Home Services is expanding its footprint across Central Florida through strategic acquisitions, with plans to grow further into residential service and build on the foundation of acquired companies.
“We are eager to grow the business, expand further into residential service, and build on the foundation Robert Ballard, Justin Harrell and their company have established.”
The Dream Team acquisition expands Air Pros USA's reach in Louisiana, following its earlier acquisition of Doug's Service Company in Thibodaux; the platform now operates in eight states and over a dozen metros.
“This acquisition expands Air Pros USA’s market reach in Louisiana, having previously acquired Doug’s Service Company in Thibodaux early last spring.”
The Dream Team acquisition expands Air Pros USA's Louisiana reach (following Doug's Service Company in Thibodaux); nationally Air Pros operates ~600 vehicles, 700 staff, ~450,000 customers across eight states.
“This acquisition expands Air Pros USA’s market reach in Louisiana, having previously acquired Doug’s Service Company in Thibodaux early last spring.”
OMERS Private Equity intends to support Pueblo Mechanical & Controls' strategic expansion through mergers and acquisitions, positioning it for accelerated growth in the commercial services industry.
“OMERS Private Equity will provide resources and expertise to further accelerate the company’s growth and support its strategic expansion through M&A.”
Wrench Group moved into its 27th market when Comfort Wave Home Services, an HVAC, plumbing and electrical provider, opened its first Oklahoma City location in November, illustrating the platform's geographic expansion.
“Wrench Group moved into its 27
th
market when Comfort Wave Home Services, an HVAC, plumbing, and electrical services provider, opened its first location in Oklahoma City in November.”
Wrench Group expanded into its 27th market when its brand Comfort Wave Home Services opened a first location in Oklahoma City, indicating ongoing platform geographic expansion.
“Wrench Group moved into its 27 th market when Comfort Wave Home Services, an HVAC, plumbing, and electrical services provider, opened its first location in Oklahoma City in November.”
Through the acquisition of Dallas Plumbing Company, Air Pros USA expands its national growth, now operating in eight states with over 550 vehicles and 600 technicians.
“Through the Dallas Plumbing Company acquisition, Air Pros USA expands its national growth with over 550 vehicles, 600 technicians and staff, and a customer base of over half a million. Air Pros USA operates in eight states and more than a dozen metro areas including Miami, Orlando, Dallas, Atlanta, Colorado Springs, Mobile and Spokane.”
Air Pros USA describes its national platform scale: nearly 600 vehicles, 700 technicians and staff, over 450,000 customers, operating in eight states and more than a dozen metro areas.
“Nationally, Air Pros USA has nearly 600 vehicles, 700 technicians and staff, and serves over 450,000 customers. Air Pros USA operates in eight states and more than a dozen metro areas including Miami, Orlando, Dallas, Atlanta, Colorado Springs, Mobile, and Spokane.”
Air Pros USA noted the Dallas Plumbing deal is its second Texas acquisition (after Blue Star Heating and Air in 2019) and expands its national footprint to over 550 vehicles, 600 staff, a half-million customers, and operations in eight states and a dozen-plus metros.
“This is Air Pros USA’s second acquisition in Texas, previously acquiring Dallas-based Blue Star Heating and Air in 2019. Through the Dallas Plumbing Company acquisition, Air Pros USA expands its national growth with over 550 vehicles, 600 technicians and staff, and a customer base of over half a million. Air Pros USA operates in eight states and more than a dozen metro areas including Miami, Orlando, Dallas, Atlanta, Colorado Springs, Mobile, and Spokane.”
The Dallas Plumbing deal is Air Pros USA's second Texas acquisition (after Blue Star Heating and Air in 2019) and expands its national scale to 550+ vehicles, 600 technicians/staff, and a half-million customers across eight states.
“This is Air Pros USA’s second acquisition in Texas, previously acquiring Dallas-based Blue Star Heating and Air in 2019. Through the Dallas Plumbing Company acquisition, Air Pros USA expands its national growth with over 550 vehicles, 600 technicians and staff, and a customer base of over half a million. Air Pros USA operates in eight states and more than a dozen metro areas including Miami, Orlando, Dallas, Atlanta, Colorado Springs, Mobile, and Spokane.”
Air Pros USA describes itself as a fast-growing platform operating in eight states and more than a dozen metro areas, with 500 vehicles and 600 technicians and staff, integrating acquired companies onto its platform.
“Nationally, Air Pros USA has 500 vehicles, 600 technicians and staff, and a customer base of nearly half a million. Air Pros USA operates in eight states and more than a dozen metro areas including Miami, Orlando, Dallas, Atlanta, Colorado Springs, Mobile, and Spokane.”
SEER Group CEO Darrin Erdahl states the Bertsch acquisition reinforces the company's commitment to expanding in Idaho as it continues toward a national footprint.
“This acquisition reinforces our commitment to expanding in Idaho as we continue towards a national footprint.”
Heartland describes Custom Mechanical as a platform to expand in the Delaware/Maryland market, its first East Coast entry, signaling further regional growth.
“"The Custom Mechanical team, under Regan's leadership, gives us a solid platform to expand in their market. We welcome them to the Heartland family of equally fantastic brands.”
SEER Group CEO Darrin Erdahl stated the platform has been seeking to expand its California footprint, signaling a deliberate roll-up geographic expansion strategy.
““We have been wanting to expand our footprint in California,” stated Darrin Erdahl, CEO and founder of The SEER Group.”
ARS CEO Scott Boose framed the ESCO deal as consistent with the company's strategic vision for continued growth in the western US.
“"Acquiring ESCO Heating, Air Conditioning, Plumbing and Electrical is consistent with our strategic vision for continued growth in the West," said Scott Boose, CEO, ARS/Rescue Rooter.”
Sila CEO Jason Rabbino frames the Heckeroth acquisition as accelerating growth and serving the expanding Hudson Valley market.
“Bringing the highly skilled team from Heckeroth on board will allow us to accelerate our growth and better serve the growing needs of homeowners and businesses in this expanding market," said Jason Rabbino, CEO of Sila Services, LLC.”
With the Doug's Service Company deal, its first in Louisiana, Air Pros USA grows to operations in seven states and more than a dozen metro areas, totaling 450+ vehicles and 500 technicians.
“Its first acquisition in Louisiana, Air Pros USA will now operate in seven states and more than a dozen metro areas including Miami, Orlando, Dallas, Atlanta, Colorado Springs, Mobile, and Spokane.”
The acquisition expands Air Pros USA's national footprint to over 450 vehicles, 500 staff, and roughly half a million customers across multiple states and metros.
“Its first acquisition in Louisiana, Air Pros USA will now operate in seven states and more than a dozen metro areas including Miami, Orlando, Dallas, Atlanta, Colorado Springs, Mobile, and Spokane.”
The article frames the Brower Mechanical deal as evidence of The SEER Group's commitment to expanding in California while continuing to grow nationally.
“This acquisition highlights The SEER Group’s commitment to expanding in California while continuing to grow nationally.”
CoolSys positioned the Triangle Refrigeration acquisition as a geographic expansion of its national service footprint across the Northeast and Mid-Atlantic.
“With this acquisition, CoolSys expands its market presence throughout the Northeast and Mid-Atlantic regions.”
Frontier's CEO stated intent to invest heavily in Michigan and continue expanding through acquisitions and partnerships to build a multi-regional home services company.
“We intend to invest heavily in Michigan, where Haley Mechanical currently operates, as we build a multi-regional home services company.”
With the acquisition of T&O Refrigeration, CoolSys expands its market presence throughout the Southeast, significantly increasing market share in Georgia and Nashville, Tennessee.
“With this acquisition, CoolSys expands its market presence throughout the Southeast with significantly increased market share in Georgia and Nashville, Tennessee.”
CEO Darrin Erdahl framed the Western acquisition as part of The SEER Group's move toward a national footprint, retaining the seller as a partner to expand the brand.
“he will continue leading the Western team and expanding the Western brand as our group continues moving towards a national footprint.”
The acquisition of Duquette Refrigeration is part of CoolSys's strategy to become a nationwide service provider, specifically broadening its presence in the Northeast region.
“The acquisition is designed to strengthen CoolSys’s commercial and industrial division and broaden its presence in the Northeast region.”
HGH's chairman framed the Eanes deal as advancing a strategy of growing in the Southeast, both organically and through further acquisition.
“The acquisition of Eanes furthers HGH’s strategic goals of growing in the Southeast, and we look forward to accelerating Eanes' growth both organically and through acquisition.”
Wrench Group notes its existing Phoenix footprint via flagship Parker and Sons and newly acquired All About Water, with Collins extending its regional density.
“Wrench Group already has an established footprint in Phoenix with its flagship location Parker and Sons and newly acquired All About Water.”
Wrench Group CEO Ken Haines described the platform's roll-up strategy of partnering with market-leading local home-services operators to grow geographically.
“Part of Wrench’s strategy is to partner with market leaders, and Service Champions has experienced impressive growth over many years and prides itself on its positive customer loyalty,”
Wrench's acquisition of Service Champions marks the company's geographic entry into the Northern California market, part of a strategy to partner with market leaders.
““The Wrench organization is excited to establish a presence in Northern California,” said Ken Haines, Wrench Group CEO.”
CEO and founder Darrin Erdahl said the Nolan acquisition strengthens The SEER Group's Northwest footprint and supports a growth plan to expand into multiple US markets.
“This acquisition strengthens our footprint in the Northwest and supports our growth plan to expand into multiple markets across the United States.”
The acquisition lets Goettl expand its footprint and services in the Las Vegas valley, with Eternal Services rebranding to Goettl Air Conditioning and Plumbing.
“This latest acquisition allows Goettl to expand its footprint and services even further into the Las Vegas valley, where it has established strong brand recognition and maintains a commitment to giving back to the community. As part of the acquisition, Eternal Services will rebrand to Goettl Air Conditioning and Plumbing and will also merge its customers into Goettl’s client base.”
Air Pros, a Florida-based HVAC contractor, added a Dallas operation; it made three acquisitions in 2019 and planned to double that in 2020, funding deals from cash flow rather than a PE firm.
“Anthony Perera, president of Air Pros, a Florida-based HVAC contractor, recently added an operation in the Dallas market. Perera said he is open to acquisitions in any climate. He made three in 2019 and plans on doubling that amount in 2020.”
Florida-based Air Pros, funding deals from cash flow rather than PE, added a Dallas operation, made three acquisitions in 2019, and planned to double that in 2020.
“Anthony Perera, president of Air Pros, a Florida-based HVAC contractor, recently added an operation in the Dallas market. Perera said he is open to acquisitions in any climate. He made three in 2019 and plans on doubling that amount in 2020.”
Huron Capital and Pueblo Mechanical plan to continue growing in Arizona and start expanding regionally, having already created a much larger and more diversified business through six acquisitions since 2017.
“Our plan is to grow this company regionally. The next phase is to continue to grow in Arizona but start to expand regionally.”
Air Pros USA, a Florida-based HVAC contractor, recently added an operation in the Dallas market. The company made three acquisitions in 2019 and plans to double that in 2020.
“Anthony Perera, president of Air Pros, a Florida-based HVAC contractor, recently added an operation in the Dallas market.”
Air Pros stated it will continue expanding in the Florida market and into other markets across the U.S., framing the Promaster deal as part of a broader growth strategy.
“Air Pros will continue expanding in the Florida market, and to other markets across the U.S.”
Air Pros stated it will continue expanding in the Florida market and into other markets across the US, citing group buying power and vendor relationships.
“Air Pros will continue expanding in the Florida market, and to other markets across the U.S.”
The acquisitions mark SEER Group's entry into the Spokane market and its first acquisition in Oregon, expressed by founder/CEO Darrin Erdahl as part of a geographic growth strategy.
“We could not be more excited to have The Barton Boys and Specialty Heating and Cooling join our family of brands as we enter the Spokane and Oregon markets.”
After three add-ons, the Huron Capital-backed Pueblo platform reached over $100 million in annual revenue, becoming one of the largest, most diverse HVAC service providers in Arizona.
““With these two additional acquisitions, Pueblo has annual revenue of over $100 million and is one of the largest, most diverse HVAC service providers in Arizona,” Huron Capital Partner Scott Hauncher said.”
CoolSys CEO Adam Coffey framed the Arjae acquisition as part of a strategic growth plan that increases regional market density and expands HVAC and sheet-metal fabrication capabilities in the Pacific Northwest.
“This acquisition strengthens CoolSys’ presence in the region, while greatly expanding its HVAC capabilities.”
