Marathon HVAC Services Acquires SoCal HVAC Specialist and Aloha Air Conditioning

Marathon HVAC Services Acquires Kappl Heating & Air Conditioning

July 27, 2023

HVAC & Mechanical

Marathon HVAC Services, a portfolio company of Sound Partners, has acquired Kappl Heating & Air Conditioning, a family-owned residential HVAC business serving the San Fernando Valley since 1987. The add-on expands Marathon’s footprint in the Los Angeles residential HVAC market and continues Sound Partners’ strategy of scaling Marathon through platform roll-ups and operational support.

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.

Air Conditioning Specialist (HHCP Portfolio Company) Acquires Mac Heating & Air Conditioning

May 21, 2024

HVAC & Mechanical

Air Conditioning Specialist, Inc. (an HVAC and plumbing platform backed by Hidden Harbor Capital Partners) has acquired Mac Heating & Air Conditioning, Inc., a Brevard, North Carolina-based provider of residential and light commercial HVAC services founded in 1990. The deal expands ACS's service footprint in North Carolina and the broader southeast; financing was provided by Capital Southwest and First Eagle Alternative Credit, and Hatters Group served as sell‑side advisor to Mac.