Marathon HVAC Services Acquires Kappl Heating & Air Conditioning

Marathon HVAC Services Acquires SoCal HVAC Specialist and Aloha Air Conditioning

April 24, 2023

HVAC & Mechanical

Marathon HVAC Services, a Sound Partners-backed residential HVAC platform, has completed the acquisitions of SoCal HVAC Specialist Heating & Air Conditioning, Inc. and Aloha Air Conditioning, Heating and Refrigeration to expand its footprint in Southern California. The add-ons strengthen Marathon's service capacity and recurring maintenance contract base as part of a roll-up strategy led by Sound Partners.

Sound Partners LLC Acquires Marathon HVAC Service

April 10, 2023

HVAC & Mechanical

Sound Partners LLC, a lower-middle market private equity fund, has acquired Marathon HVAC Service, a residential HVAC company based in Los Angeles, California. The deal launches Sound Partners' residential HVAC platform in Southern California; Marathon's founders Ray and Tatiana Martinez transition leadership to their daughter Tatiana Fitzpatrick as COO while Sound plans organic growth and add-on acquisitions to scale the business.

Marathon HVAC Services (Sound Partners) Acquires Design Air

October 24, 2023

HVAC & Mechanical

Marathon HVAC Services, a Southern California residential HVAC platform backed by Sound Partners, has acquired Design Air, a family-owned HVAC business serving the Inland Empire since 2001. The deal expands Marathon's Greater Los Angeles footprint into the Inland Empire and broadens capabilities to include plumbing and electrical services while Design Air's founder Paul Davidson and his daughter Megan Davidson join Marathon's leadership.

ResiXperts Acquires Marathon Plumbing, Heating & Air and Tokay Heating & Air to Enter California

January 6, 2025

HVAC & Mechanical

ResiXperts, a residential services platform backed by FoW Partners, has partnered with Marathon Plumbing, Heating & Air (Southern California) and Tokay Heating & Air (Northern California) as its first California partnerships to expand its Southwestern U.S. footprint. The two businesses were sponsored previously by Sound Partners, and the transactions bolster ResiXperts' plumbing, heating and cooling capabilities while positioning the platform for further regional growth.

Service Champions Group Acquires Timo's Air Conditioning & Heating

September 13, 2021

HVAC & Mechanical

Service Champions Group, a PE-backed home services platform based in Brea, California, has acquired Timo's Air Conditioning & Heating, a family-owned HVAC services provider serving the Coachella Valley. The add-on expands Service Champions' Southern California footprint and brings additional local HVAC repair, replacement and maintenance capabilities to its portfolio.

SE Capital Partners Acquires Cardinal Heating and Air

August 8, 2024

HVAC & Mechanical

SE Capital Partners, a Chicago-based private equity firm, has acquired Cardinal Heating and Air, a Kirkland, Washington HVAC services provider founded in 1991. The deal expands SE Capital's portfolio of HVAC service providers and gives the firm a presence in the Pacific Northwest; terms were not disclosed.