Tracked deals
5
5 tracked deals across 2008-2023.
Tracked deals
5
5 tracked deals across 2008-2023.
Buyer mix
Strategic-led
4 strategic · 1 pe
Top trend
Volume peaked in 2023
1 tracked deal announced in 2023.
Buyer Snapshot
Illustrative buyers pulled from tracked transactions on this page. This table is capped and intentionally non-exhaustive.
| Buyer | # Deals | Focus | Type |
|---|---|---|---|
| Comfort Systems USA, Inc. | 1 | Multi-location provider of commercial, industrial and ins... | Strategic |
| Heartland Home Services | 1 | Technology-enabled consolidator/operator of residential H... | Strategic (PE-backed) |
| New Mountain Capital | 1 | Growth-oriented private investment firm that provides pri... | PE |
| Sila Services, LLC | 1 | Home‑services platform operating multiple HVAC, plumbing,... | Strategic (PE-backed) |
| Strikepoint Group Holdings | 1 | Home‑services platform and consolidator specializing in H... | Strategic |
Last 4 years
Supporting Data
Sila Services, a PE-backed home services platform, has acquired Burns & McBride Home Comfort, a New Castle, Delaware-based residential HVAC and home comfort services provider. The deal expands Sila Services' Mid-Atlantic footprint and brings Burns & McBride's multi-generational customer base and service capabilities into Sila's platform.
Heartland Home Services has acquired Custom Mechanical, a family-owned residential HVAC and plumbing services provider in Delaware and Maryland. The deal marks Heartland's first expansion onto the East Coast and will keep Custom's management team in place as the brand joins Heartland's portfolio.
Strikepoint Group Holdings (formerly Horizon Group Holdings) has acquired First Class HVAC, a Millsboro, Delaware-based heating, cooling and plumbing contractor. The deal is the fifth addition to Strikepoint’s home‑services portfolio in 2021 and expands its footprint and service capabilities on the Delaware/Maryland eastern shore.
New Mountain Capital has acquired Horizon Group Holdings, LLC (Horizon Services) from an affiliate of Sun Capital Partners. Horizon, a Newark, Delaware-based residential provider of heating, air conditioning, plumbing, and electrical services with a ~1,400-employee team, will remain managed by founder Dave Geiger and management, and will use New Mountain's capital and resources to accelerate organic and acquisition-led growth.
Comfort Systems USA, Inc. acquired Delcard Associates, Inc., a full-service commercial HVAC contractor based in Wilmington, Delaware. Delcard reported approximately $45 million in 2007 revenue and the acquisition was intended to strengthen Comfort Systems' presence and service capabilities in Delaware and the surrounding region.
Find buyers actively acquiring hvac & mechanical companies.