Recent HVAC & Mechanical Acquisitions
Acquisition Volume in HVAC & Mechanical by Year
Last 5 years
The page summarizes recent M&A in the HVAC & Mechanical sector, highlighting transactions where private equity-backed platforms and strategic operators add geographic coverage and technical capabilities. Buyers are often national service platforms, distributors, or PE firms partnering with established local teams to scale.
Notable themes include platform roll-ups and add-on tuck-ins, expansion into Sun Belt markets such as Texas and Florida, and capability builds around distribution, building controls and data-center cooling. Several deals—including investments by Green Heron Partners, AIR Control Concepts (Blackstone) and Trane Technologies—preserve existing leadership while providing capital and operational resources for growth.
What Stands Out
- Private equity-backed platforms and strategic consolidators are active buyers (examples: Trinity Hunt Partners–backed NexCore, Ardian/Impact Climate Technologies, and Monogram Capital Partners).
- Deal rationale frequently centers on geographic expansion and density (Texas, Florida, the Northeast) and on adding technical capabilities such as building controls, distribution, and data-center cooling.
- Transactions commonly preserve founder or management continuity while deploying capital and operational support (e.g., Regency Plumbing Contractors, Technical Air Systems, Inc., Larry Wunsch & Associates).
- Cross-border and regional deals appear, including expansion into Atlantic Canada (Nova Scotia) and multi-state platform consolidation.
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March 19, 2026
- Buyer
- AirX Climate Solutions, Inc., Gryphon Investors
- Target
- Northern Air Systems, Inc.
- Seller
- Tim Confer
- Industry
- HVAC & Mechanical
- Location
- New York, United States
- Type
- Buyout
AirX Climate Solutions, Inc. acquired Northern Air Systems, Inc., a designer and manufacturer of specialized, mission-critical packaged HVAC systems. The acquisition is intended to strengthen AirX’s leadership in mission-critical HVAC by adding Northern Air’s engineering capabilities and global presence across demanding verticals. Tim Confer will transition to a Strategic Advisor role at AirX, while Will Rausch will lead Northern Air as General Manager.
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February 27, 2026
- Buyer
- UrbanBuild, Bauer Investments
- Target
- We Cool LLC
- Industry
- HVAC & Mechanical
- Location
- Texas, United States
- Type
- Addon
Bauer Investments announced that its portfolio company, UrbanBuild, acquired a controlling interest in We Cool LLC, an Austin-based HVAC and plumbing services provider. The deal formally launches UrbanBuild’s integrated Services Division to build a multi-trade, vertically integrated home services operator across West Austin and the Texas Hill Country.
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- Buyer
- Green Heron Partners
- Target
- Regency Plumbing Contractors
- Seller
- Regency executive leadership / founding family
- Industry
- HVAC & Mechanical
- Location
- Texas, United States
- Type
- Growth capital
Green Heron Partners, a Houston-based lower middle market private equity firm, announced a strategic growth investment in Regency Plumbing Contractors, a commercial plumbing contractor serving the Greater Houston area. Regency's executive leadership will remain in place with a significant ownership stake; the capital and operational support will be used to build a broader facility services platform and support geographic and capability expansion.
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February 19, 2026
- Buyer
- AIR Control Concepts, Blackstone
- Target
- Technical Air Systems, Inc.
- Seller
- Technical Air Systems' ESOP (employee shareholders)
- Industry
- HVAC & Mechanical
- Location
- New Jersey, United States
- Type
- Addon
AIR Control Concepts, a portfolio company of Blackstone, has acquired Technical Air Systems, Inc., an ESOP-owned regional HVAC manufacturers' representative based in Morristown, New Jersey. The deal positions Technical Air to leverage AIR's national platform and resources to accelerate growth across the New York/New Jersey market and preserve the company's local relationships and entrepreneurial culture.
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- Buyer
- NexCore, Trinity Hunt Partners
- Target
- Action Air Systems, Accutemp Engineering, FX Automation
- Industry
- HVAC & Mechanical
- Location
- United States
- Type
- Addon
NexCore, the Trinity Hunt Partners-backed commercial HVAC platform, has acquired Action Air Systems (Connecticut), Accutemp Engineering (Massachusetts) and FX Automation (Massachusetts) as tuck-ins to expand its Northeast footprint and capabilities. The three acquisitions added more than 155 employees and bring the NexCore team to over 900 employees nationwide, while adding building controls expertise in-house via the FX Automation tuck-in to Accutemp.
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February 12, 2026
- Buyer
- Ally Services
- Target
- J Hood Services, Tri-County Aire, Above & Beyond
- Industry
- HVAC & Mechanical
- Location
- Maryland, United States
- Type
- Addon
Ally Services (backed by Watchtower Capital) completed three add-on acquisitions in 2025: J Hood Services (Manassas, VA), Tri-County Aire (Charlotte Hall, MD), and Above & Beyond (Laurel, DE). The deals expand Ally’s residential HVAC platform across Virginia and adjacent markets while preserving each acquired business’s local brand and employee base.
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February 7, 2026
- Buyer
- Precision Door Tri-State, Monogram Capital Partners
- Target
- Foris Solutions (Foris Solutions, LLC)
- Seller
- Foris Solutions selling shareholders (including founder Steve Freitas)
- Industry
- HVAC & Mechanical
- Location
- Michigan, United States
- Type
- Addon
Precision Door Tri-State, a portfolio company of Monogram Capital Partners, has acquired Foris Solutions, a multi-territory Precision Garage Door Service franchisee. The deal creates one of the largest and most diversified operators within the Precision Garage Door Service system and expands the platform’s geographic footprint across nine states; founder Steve Freitas remains a minority shareholder and will join the combined board.
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February 4, 2026
- Buyer
- Averon Group, Trinity Hunt Partners
- Target
- Fenco Supply
- Industry
- HVAC & Mechanical
- Location
- Tennessee, United States
- Type
- Addon
Averon Group, a national HVAC distribution platform backed by Trinity Hunt Partners, announced an investment in Fenco Supply, adding the family-owned HVAC distributor to its platform. The move expands Averon Group’s footprint into the Southeast and strengthens its network of independent HVAC distributors serving contractors and facility managers.
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February 2, 2026
- Buyer
- Alvarez & Marsal Capital, Day & Nite Family of Companies
- Target
- AmeriServe
- Industry
- HVAC & Mechanical
- Location
- Georgia, United States
- Type
- Addon
Alvarez & Marsal Capital has formed a strategic partnership with the Day & Nite family of companies and completed a merger with AmeriServe to create Day & Nite AmeriServe, a national HVAC, refrigeration, and commercial foodservice equipment service platform. The combined business, led by Day & Nite CEO Matthew Sher, will leverage A&M Capital's investment to expand geographically across the East Coast, Southeast and Texas and scale service capacity nationwide.
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January 31, 2026
- Buyer
- Impact Climate Technologies, Ardian
- Target
- Larry Wunsch & Associates, Inc.
- Industry
- HVAC & Mechanical
- Location
- Texas, United States
- Type
- Addon
Impact Climate Technologies (ICT), a portfolio HVAC holding company of Ardian, has acquired Larry Wunsch & Associates (LWA), a San Antonio–based commercial HVAC and plumbing equipment representative and distributor. LWA will continue operating under its existing name and leadership while ICT provides strategic, operational, and sales resources to support growth and expand ICT's presence in Texas.
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January 30, 2026
- Buyer
- Sundream
- Target
- Atlantic Plumbing Services (APS)
- Industry
- HVAC & Mechanical
- Location
- Florida, United States
- Type
- Addon
Sundream, a platform of plumbing and HVAC service businesses, acquired Atlantic Plumbing Services (APS), a St. Augustine–based plumbing company serving residential, commercial, and new construction customers in Florida. APS founder Kyle Jones will remain with the business to support employees, customers, and continuity as the company transitions to Sundream’s platform support.
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January 26, 2026
- Buyer
- SPS PoolCare, Storr Group
- Target
- Marathon Pool Care
- Seller
- James Mezzenga
- Industry
- HVAC & Mechanical
- Location
- Florida, United States
- Type
- Addon
SPS PoolCare, the U.S. swimming-pool services platform backed by Storr Group, has acquired Marathon Pool Care, a pool maintenance and repair provider serving Lee County (Fort Myers/Cape Coral/Bonita Springs), Florida. The deal is an add-on to SPS PoolCare’s Florida expansion as the company continues to scale its Sun Belt platform.
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PMC Energy Limited Acquires Metro Commercial Heating & Cooling and Active Heating & Air ConditioningJanuary 20, 2026
- Buyer
- PMC Energy Limited
- Target
- Metro Commercial Heating & Cooling Limited, Active Heating & Air Conditioning Ltd.
- Seller
- Chris Tucker (owner of Metro), Brian Campbell (owner of Active)
- Industry
- HVAC & Mechanical
- Location
- Nova Scotia, Canada
- Type
- Addon
PMC Energy Limited has completed acquisitions of Metro Commercial Heating & Cooling Limited and Active Heating & Air Conditioning Ltd., two Halifax-based commercial HVAC service providers. The deals expand PMC’s commercial HVAC and Building Automation Systems (BAS) footprint in the Halifax Regional Municipality and strengthen its recurring maintenance and service platform.
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January 15, 2026
- Buyer
- Champions Group Holdings
- Target
- Lex Cooling, Heating, Plumbing & Electrical
- Industry
- HVAC & Mechanical
- Location
- Texas, United States
- Type
- Buyout
Champions Group Holdings, a national provider of residential HVAC, plumbing and electrical services, has acquired Lex Cooling, Heating, Plumbing & Electrical, a North Texas residential service provider. Lex will retain its brand and leadership as Champions Group expands its presence in the Texas market.
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- Buyer
- Sila Services, LLC
- Target
- NEOH (platform), Simpson Heating & Air, LLC, Bonsky Heating & Cooling, Best Heating & Air Solutions, Ultra Clean Duct Cleaning, Coblentz Plumbing Solutions, Trade Masters Academy
- Seller
- Chad Simpson, Steve VanHorn
- Industry
- HVAC & Mechanical
- Location
- Ohio, United States
- Type
- Addon
Sila Services has acquired NEOH, an Ohio-based home services platform that comprises five operating brands (Simpson Heating & Air; Bonsky Heating & Cooling; Best Heating & Air Solutions; Ultra Clean Duct Cleaning; Coblentz Plumbing Solutions) and Trade Masters Academy. The add-on expands Sila’s Midwest/Ohio footprint and builds out its multi-trade capabilities across HVAC, plumbing and indoor air-quality services; financial terms were not disclosed.
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- Buyer
- Impact Climate Technologies
- Target
- Heat Transfer Systems of Georgia
- Industry
- HVAC & Mechanical
- Location
- Georgia, United States
- Type
- Addon
Impact Climate Technologies (ICT), an Ardian-backed HVAC holding company, has acquired Heat Transfer Systems of Georgia, an Alpharetta, Georgia-based provider of cooling towers, heat exchangers, boilers, water filtration and related HVAC equipment and services. The acquisition expands ICT’s presence in the Southeast and adds specialized thermal expertise to its platform; Heat Transfer Systems of Georgia will continue operating under its existing name and leadership.
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- Buyer
- Blackstone, Brad Hobbs and family
- Target
- AIR Control Concepts
- Seller
- Madison Dearborn Partners
- Industry
- HVAC & Mechanical
- Location
- Virginia, United States
- Type
- Recapitalization
Blackstone has acquired Madison Dearborn Partners' remaining equity stake in AIR Control Concepts, making Blackstone the sole institutional investor after an initial investment in July 2024. AIR founder and CEO Brad Hobbs and his family are reinvesting alongside Blackstone as the company pursues continued expansion—including opportunities in data centers and adjacent service areas—across 35 U.S. states and Canada with more than 38 operating companies and roughly 1,900 associates.
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January 7, 2026
- Buyer
- Broadtree Partners
- Target
- ACME Plumbing Company
- Seller
- Larry Tilley (Tilley family)
- Industry
- HVAC & Mechanical
- Location
- North Carolina, United States
- Type
- Buyout
Broadtree Partners, a Charlotte-based private equity firm, has acquired ACME Plumbing Company, a fourth-generation commercial and residential plumbing services business headquartered in Durham, North Carolina. ACME will serve as Broadtree's platform for its mechanical, electrical, and plumbing (MEP) services strategy while founder Larry Tilley stays on in an advisory capacity.
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January 7, 2026
- Buyer
- Kelvin Group, Southfield Capital
- Target
- PermaCold Engineering
- Seller
- Steve Jackson, Randy Cieloha
- Industry
- HVAC & Mechanical
- Location
- Oregon, United States
- Type
- Addon
Kelvin Group, a national provider of industrial and commercial mechanical refrigeration services backed by Southfield Capital, has acquired PermaCold Engineering, a Portland-based industrial refrigeration firm. The add-on deal expands Kelvin's geographic footprint into the Pacific Northwest and brings PermaCold's expertise in ammonia and CO2 refrigeration to Kelvin's platform; terms were not disclosed.
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January 5, 2026
- Buyer
- Craig Torrance, Andrew Nolan, J.P. Morgan Asset Management
- Target
- MCS
- Industry
- HVAC & Mechanical
- Location
- Texas, United States
- Type
- Buyout
MCS, the national property services provider based in Lewisville, Texas, has been sold in a management buyout to current CEO Craig Torrance and President Andrew Nolan with financial backing from J.P. Morgan Asset Management. The relaunched MCS will retain its brand and narrow focus to commercial, residential and government property services across the United States.
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December 29, 2025
- Buyer
- Seacoast Service Partners, White Wolf Capital Group
- Target
- Cool By Design
- Industry
- HVAC & Mechanical
- Location
- Florida, United States
- Type
- Addon
Seacoast Service Partners, a platform formed by White Wolf Capital Group, acquired Cool By Design, a residential HVAC services provider in Broward County, Florida. The add-on bolsters Seacoast’s footprint in South Florida and expands its network of plumbing, HVAC and refrigeration service businesses.
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December 15, 2025
- Buyer
- Franchise Equity Partners, Reliable Residential
- Target
- ACG Smith Texas, LLC (Precision Garage Door Service locations in Dallas–Fort Worth and Palo Pinto)
- Seller
- ACG Smith Texas, LLC (owner: Kristy Smith)
- Industry
- HVAC & Mechanical
- Location
- Texas, United States
- Type
- Addon
Franchise Equity Partners (FEP), together with Reliable Residential, has acquired ACG Smith Texas, LLC — the Precision Garage Door Service locations serving Dallas–Fort Worth and Palo Pinto. The deal expands Reliable Residential's Precision Garage Door footprint into the Texas market as an add-on to its multi-brand residential services platform backed by FEP.
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December 11, 2025
- Buyer
- Fidelity Building Services Group
- Target
- St. Johns Air
- Industry
- HVAC & Mechanical
- Location
- Florida, United States
- Type
- Buyout
Fidelity Building Services Group has acquired St. Johns Air, a Jacksonville-based provider of HVAC and refrigeration services, expanding Fidelity’s footprint into Northeast Florida and South Georgia. The deal adds HVAC, refrigeration, preventive maintenance and retrofit capabilities to Fidelity’s national platform and strengthens service coverage for commercial and industrial customers in the region.
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December 8, 2025
- Buyer
- Silver State HVAC, Refrigeration & Plumbing
- Target
- All American Mechanical, Inc.
- Industry
- HVAC & Mechanical
- Location
- California, United States
- Type
- Buyout
Silver State HVAC, Refrigeration & Plumbing has acquired All American Mechanical, Inc., a commercial HVAC, refrigeration and kitchen equipment service provider based in El Dorado Hills, California. The acquisition expands Silver State's California footprint and strengthens its service capabilities for restaurants and foodservice customers across Northern California.
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November 24, 2025
- Buyer
- Any Hour Group, LLC, Knox Lane
- Target
- Lee's Plumbing, Inc.
- Seller
- Lee Draper
- Industry
- HVAC & Mechanical
- Location
- Utah, United States
- Type
- Addon
Any Hour Group, LLC has entered into a definitive agreement to acquire Lee's Plumbing, Inc., a residential plumbing services provider in northern Utah and southern Idaho. The parties did not disclose the transaction terms. Lee Draper will continue leading Lee's Plumbing under the existing brand.
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November 20, 2025
- Buyer
- Nordomatic US, Nordomatic
- Target
- Conexus, Inc.
- Seller
- Kurt Twiford
- Industry
- HVAC & Mechanical
- Location
- Pennsylvania, United States
- Type
- Buyout
Nordomatic US, the U.S. arm of global BMS provider Nordomatic, has acquired Conexus, Inc., a Middletown, Pennsylvania-based building management systems integrator. The deal brings Conexus's ~50 employees and sector expertise into Nordomatic US to expand its footprint across the mid‑Atlantic, strengthen technical capacity, and accelerate growth in education, healthcare and government markets.
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November 18, 2025
- Buyer
- Seacoast Service Partners, White Wolf Capital Group
- Target
- Always Air Services
- Industry
- HVAC & Mechanical
- Location
- Florida, United States
- Type
- Addon
Seacoast Service Partners, a White Wolf Capital platform focused on plumbing, HVAC and refrigeration services, has acquired Always Air Services, a family- and veteran-owned residential and commercial HVAC provider serving Southwest Florida. The transaction is an add-on to Seacoast's platform and strengthens its presence in Port Charlotte, Charlotte County and Sarasota County, Florida.
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November 17, 2025
- Buyer
- Pye-Barker Fire & Safety
- Target
- FSD Protection
- Seller
- Hector Torres
- Industry
- HVAC & Mechanical
- Location
- Texas, United States
- Type
- Addon
Pye-Barker Fire & Safety, a national fire protection and life safety services provider, has acquired Houston-based FSD Protection, a fire alarm, sprinkler, suppression and extinguisher servicer. The deal expands Pye-Barker’s footprint across major Texas markets (Dallas, Houston, San Antonio, Austin) and augments its inspection, testing and maintenance capabilities for healthcare, multifamily and educational customers.
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November 12, 2025
- Buyer
- Lynx Equity Limited
- Target
- Valley Plumbing & Heating
- Industry
- HVAC & Mechanical
- Location
- British Columbia, Canada
- Type
- Buyout
Lynx Equity Limited has acquired Valley Plumbing & Heating, a British Columbia–based HVAC and plumbing contractor serving the Okanagan region. The acquisition strengthens Lynx's presence in Canada’s HVAC market and supports Valley's leadership team in its next stage of growth.
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October 31, 2025
- Buyer
- Del-Air Plumbing, Air Conditioning and Electric, Astara Capital Partners
- Target
- McGowan's Heating & Air Conditioning
- Seller
- Mike Regula, Doug Regula
- Industry
- HVAC & Mechanical
- Location
- Florida, United States
- Type
- Addon
Del-Air Plumbing, Air Conditioning and Electric has acquired Jacksonville-based McGowan's Heating & Air Conditioning, expanding Del-Air's service footprint into northeast Florida. Del-Air, a PE-backed platform majority owned by Astara Capital Partners, will integrate McGowan's operations and customers while preserving warranties and adding Del-Air's broader plumbing and electrical services.
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October 27, 2025
- Buyer
- Good Springs Capital LP
- Target
- Falasca Mechanical, LLC
- Industry
- HVAC & Mechanical
- Location
- New Jersey, United States
- Type
- Growth capital
Entities managed by Good Springs Capital have completed a growth investment in Falasca Mechanical, a Vineland, New Jersey-based provider of HVAC, mechanical and plumbing services to education, healthcare and commercial & industrial end markets. The Falasca family and senior management will remain in place; Good Springs said the capital will support a third-generation succession, organic growth and pursuit of strategic add-on acquisitions.
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October 23, 2025
- Buyer
- Cascade Services
- Target
- East Coast Mechanical (ECM)
- Seller
- Air Pros Solutions, LLC
- Industry
- HVAC & Mechanical
- Location
- Florida, United States
- Type
- Addon
Cascade Services has acquired East Coast Mechanical (ECM) — a South Florida residential HVAC, plumbing, electrical and home warranty provider — from Air Pros Solutions, LLC. The add-on expands Cascade's Florida footprint (its 10th Florida acquisition and 13th overall) and will allow ECM to operate under its brand while leveraging Cascade's resources and platform.
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October 23, 2025
- Buyer
- Copeland
- Target
- SPH Sustainable Process Heat (SPH)
- Seller
- Spirax Group
- Industry
- HVAC & Mechanical
- Location
- Germany
- Type
- Buyout
Copeland (Vilter) has signed an agreement to acquire SPH Sustainable Process Heat (SPH), a Germany-based industrial heat pump technology company. The deal is expected to expand Copeland’s industrial heating portfolio, including higher-temperature steam heat pump solutions, and broaden supported refrigerants and sales channels; SPH will continue to operate independently until closing.
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October 22, 2025
- Buyer
- Astra Service Partners, Orion Group, Alpine Investors
- Target
- Knott Mechanical, Inc.
- Industry
- HVAC & Mechanical
- Location
- Maryland, United States
- Type
- Addon
Astra Service Partners, a division of Orion Group and portfolio company of Alpine Investors, has made an investment in Knott Mechanical, Inc. SC&H Capital advised Knott Mechanical on the transaction. Knott Mechanical, founded in 2002, provides mechanical and HVAC maintenance, repair and retrofit services to over 1,700 buildings across the Mid-Atlantic.
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October 22, 2025
- Buyer
- Grizzly MEP, Garnett Station Partners
- Target
- Vermont Mechanical Incorporated
- Industry
- HVAC & Mechanical
- Location
- Vermont, United States
- Type
- Addon
Grizzly MEP, a commercial MEP platform backed by Garnett Station Partners, announced a partnership with Vermont Mechanical Incorporated, a full-service mechanical contractor headquartered in Williston, Vermont. The deal serves as an add-on to Grizzly's platform to expand its New England footprint and leverage Vermont Mechanical's installation and growing services capabilities across healthcare, government and education end markets.
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October 21, 2025
- Buyer
- PremiStar
- Target
- Smith's Refrigeration
- Industry
- HVAC & Mechanical
- Location
- North Carolina, United States
- Type
- Addon
PremiStar announced that Smith's Refrigeration, a full-service mechanical contractor based in Lumberton, North Carolina, has joined the PremiStar family of companies. The acquisition expands PremiStar’s HVAC, refrigeration and mechanical capabilities in North Carolina and South Carolina and strengthens its service coverage across healthcare, senior living, education, manufacturing and government end markets.
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October 21, 2025
- Buyer
- Southern Home Services
- Target
- Nick's Plumbing & Air Conditioning
- Seller
- Richard Saad
- Industry
- HVAC & Mechanical
- Location
- Texas, United States
- Type
- Addon
Southern Home Services has acquired Nick's Plumbing & Air Conditioning, a Houston-based provider of plumbing, heating and air conditioning services. The deal expands Southern Home Services' Texas footprint (its fourth Texas location) and will keep Nick's brand and local operations intact while integrating the business into Southern's residential trade services network.
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October 20, 2025
- Buyer
- Funded Ventures
- Target
- Naugle Heating & Cooling
- Industry
- HVAC & Mechanical
- Location
- Michigan, United States
- Type
- Addon
Funded Ventures' Heating & Cooling Services platform has acquired Naugle Heating & Cooling, a long-standing HVAC service provider based in Tecumseh, Michigan. The deal is part of Funded Ventures' seed portfolio buildout to establish regionally focused operating platforms in essential-service sectors.
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- Buyer
- Carroll Capital
- Target
- Charlie's Plumbing
- Industry
- HVAC & Mechanical
- Location
- Texas, United States
- Type
- Buyout
Carroll Capital, a family investment office led by Brian F. Carroll, has acquired Charlie's Plumbing, a 24/7 commercial plumbing services provider based in Houston, Texas. Carroll Capital is partnering with Charlie's founding family and current management, who will remain shareholders, to grow the business into a platform for expansion across Texas and to add complementary commercial services; BMO provided debt financing for the transaction.
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October 15, 2025
- Buyer
- Sila Services, LLC
- Target
- Oxford Plumbing & Heating
- Industry
- HVAC & Mechanical
- Location
- Pennsylvania, United States
- Type
- Addon
Sila Services, a national home services platform, has acquired Oxford Plumbing & Heating, a long‑standing residential plumbing and heating provider serving Chester County, Pennsylvania. The add‑on expands Sila’s service footprint and capabilities in its founding market in Eastern Pennsylvania; financial terms and seller details were not disclosed.
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October 13, 2025
- Buyer
- Palmetto Air & Water Balance, LLC, SRM Equity Partners, LLC, Deerpath Capital
- Target
- Bay to Bay Balancing
- Industry
- HVAC & Mechanical
- Location
- Florida, United States
- Type
- Addon
Palmetto Air & Water Balance, an SRM Equity Partners portfolio company, has acquired Bay to Bay Balancing, a Tampa-based provider of Testing, Adjusting, and Balancing (TAB) services. The add-on expands Palmetto’s footprint into Florida (its seventh state) and was financed by Deerpath Capital; terms were not disclosed.
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- Buyer
- Flow Service Partners, Quad-C Management
- Target
- Weber Refrigeration & Heating, Inc.
- Industry
- HVAC & Mechanical
- Location
- Kansas, United States
- Type
- Addon
Flow Service Partners, a PE-backed HVACR platform, has acquired Weber Refrigeration & Heating, Inc., a regional HVACR provider serving western Kansas. The add-on expands Flow's rural/regional footprint and capabilities in refrigeration, geothermal, and building automation while preserving Weber's local brand and leadership.
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- Buyer
- Nitro Construction Services, Inc., Energy Services of America Corporation
- Target
- Rigney Digital Systems Ltd Co.
- Industry
- HVAC & Mechanical
- Location
- West Virginia, United States
- Type
- Buyout
Energy Services of America’s subsidiary Nitro Construction Services has completed the acquisition of Rigney Digital Systems, a regional HVAC control systems designer, installer and service provider based in Hurricane, West Virginia. The deal expands Nitro’s building-technology and HVAC controls capabilities while preserving Rigney’s brand, staff and client relationships to support future growth in building efficiency solutions.
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September 30, 2025
- Buyer
- Air Conditioning Specialist, Inc., Hidden Harbor Capital Partners
- Target
- Clark Heating & Cooling, Inc.
- Industry
- HVAC & Mechanical
- Location
- Tennessee, United States
- Type
- Addon
Air Conditioning Specialist, Inc. (ACS), a portfolio company of Hidden Harbor Capital Partners, has acquired Clark Heating & Cooling, Inc., a residential and light commercial HVAC provider headquartered in Dickson, Tennessee. The deal expands ACS’s footprint in Middle Tennessee and strengthens its HVAC and plumbing service platform; financing for the transaction was provided by funds managed by First Eagle Alternative Credit and Capital Southwest.
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- Buyer
- Shore Capital Partners
- Target
- Comfort Temp Company
- Industry
- HVAC & Mechanical
- Location
- Florida, United States
- Type
- Growth capital
Shore Capital Partners has completed a growth partnership with Comfort Temp Company, a Gainesville, Florida-based mechanical and plumbing contractor. Shore will support Comfort Temp's expansion by investing in talent, systems, service offerings and pursuing add-on acquisitions across Florida and the broader Southeast.
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September 22, 2025
- Buyer
- ResiXperts, FoW Partners
- Target
- Handy Plumbing Man
- Industry
- HVAC & Mechanical
- Location
- California, United States
- Type
- Addon
ResiXperts, a residential services platform backed by FoW Partners, has acquired Handy Plumbing Man, a San Carlos, California plumbing services provider founded by Marco Acosta and Amparo Cornelio. The deal is an add-on to expand ResiXperts' presence in Northern California while retaining the company's culture and leadership to support continued growth.
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September 18, 2025
- Buyer
- Silver State HVAC & Refrigeration, LLC, Edgewater Growth Capital Partners V, L.P. (The Edgewater Funds)
- Target
- Westaire Heating & Air Conditioning, Tri-Point Refrigeration, Inc., The Whitman Co., Atlantic Coast Restaurant & Mechanical Services, LLC
- Industry
- HVAC & Mechanical
- Location
- Florida, United States
- Type
- Addon
Silver State HVAC, a platform backed by The Edgewater Funds, acquired four regional commercial HVAC, refrigeration and mechanical service providers — Westaire (Ventura, CA), Tri-Point Refrigeration (Austin, TX), The Whitman Co. (Anaheim, CA) and Atlantic Coast Restaurant & Mechanical Services (Miami, FL). The add-on deals expand Silver State’s geographic footprint across the southern United States and enhance its capabilities in commercial HVAC, refrigeration, kitchen equipment installation and related mechanical services.
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September 16, 2025
- Buyer
- Pye-Barker Fire & Safety
- Target
- Phoenix Fire Protection
- Industry
- HVAC & Mechanical
- Location
- Nevada, United States
- Type
- Buyout
Pye-Barker Fire & Safety has acquired Phoenix Fire Protection to expand its sprinkler services and build a Las Vegas team. Phoenix Fire Protection, a local fire sprinkler contractor founded in 2009, will continue serving customers in Clark and Nye counties with its installation, testing, maintenance and BIM/CAD design capabilities.
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September 16, 2025
- Buyer
- Percheron Capital, Solidaire HVAC & Energy Solutions
- Target
- Enervise
- Seller
- Tom Winstel
- Industry
- HVAC & Mechanical
- Location
- Ohio, United States
- Type
- Buyout
Percheron Capital has launched Solidaire HVAC & Energy Solutions, a national commercial HVAC and energy services platform, through the foundational acquisition of Enervise, a Cincinnati-based commercial HVAC services company. The platform, led by Katrina Liddell and backed by Percheron, will invest in people, technology and infrastructure to accelerate growth and expand Solidaire's national footprint.
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September 16, 2025
- Buyer
- Centre Partners, Baldwin Creek Partners, TruTemp Holdings, LLC
- Target
- Maynor Service Company
- Industry
- HVAC & Mechanical
- Location
- North Carolina, United States
- Type
- Buyout
Centre Partners and Baldwin Creek Partners formed TruTemp Holdings, LLC and acquired Maynor Service Company to create a field-services platform focused on HVAC, plumbing and electrical services in the U.S. Southeast. Maynor’s president Brett Chappell invested alongside the firms and will lead TruTemp as the platform pursues a buy-and-build consolidation strategy across the region.
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Frequently Asked Questions
What kinds of buyers are most active in HVAC & Mechanical deals?
Private equity-backed platform builders and strategic consolidators are most active. Recurring names on the page include Trinity Hunt Partners (platform investments like NexCore), Ardian/Impact Climate Technologies, Monogram Capital Partners, and regional strategics such as United Building Solutions.
Which capabilities are buyers prioritizing?
Buyers are prioritizing distribution and wholesale relationships, building controls and automation, commercial and data-center cooling expertise, and recurring maintenance/service capabilities—seen in deals involving distributors, reps, and BAS/control tuck-ins.
Where are recent transactions concentrated geographically?
Deals cluster in the U.S. Sun Belt and growth states—notably Texas and Florida—with transactional activity also in the Northeast and selective activity in Atlantic Canada (Nova Scotia).
Do sellers typically remain involved after a transaction?
Yes. Several transactions retain founders or management to preserve continuity and customer relationships (examples: Regency Plumbing Contractors, Technical Air Systems, Inc., Foris Solutions, Larry Wunsch & Associates).