Gryphon Investors Acquires Southern HVAC from MSouth, Forms NAEHS Holding Company
October 4, 2021
Gryphon Investors has acquired a majority interest in Southern HVAC from MSouth Equity Partners and placed the business alongside Right Time under a new holding company, North American Essential Home Services (NAEHS). Southern HVAC, based in Orlando, Florida, operates 15 brands across the Southeastern and Midwestern U.S. and Texas with over 650 employees; the incumbent management team will remain and retain a meaningful equity stake. Financial terms of the transaction were not disclosed.
- Buyers
- Gryphon Investors, NAEHS (North American Essential Home Services)
- Targets
- Southern HVAC
- Sellers
- MSouth Equity Partners
- Platforms
- NAEHS (North American Essential Home Services)
- Industry
- HVAC & Mechanical
- Location
- Florida, United States
- Transaction Type
- Addon
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