HVAC & Mechanical Acquisitions in Virginia

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.

Sila Services, a home‑services platform backed by Goldman Sachs, has acquired My Plumber Plus, a provider of plumbing, HVAC, and electrical services in the DC‑Maryland‑Virginia (DMV) region. The deal expands Sila's footprint in Virginia and adds local service capabilities and team members to its multi‑brand platform.

Paramount Mechanical Corporation, a Stonebridge Partners portfolio company, acquired Comfort Solutions of Tidewater, LLC on May 1, 2025. The add-on expands Paramount’s HVAC installation, maintenance and repair capabilities in the Newport News–Norfolk–Virginia Beach region and furthers its strategy to build a leading Eastern U.S. HVAC services platform focused on mission‑critical end markets.

Sila Services, a home services platform backed by private equity, has acquired Norfolk Air Heating, Cooling, Plumbing & Electrical and Guy Smith Heating & Cooling to expand its footprint in the Hampton Roads region of Virginia. The acquisitions add local HVAC, plumbing and electrical capabilities and are intended to deepen Sila's service coverage and investment in career development for tradespeople in the region.

Paramount Mechanical Corporation, a Stonebridge Partners portfolio company, acquired Math Mechanical, Inc. on November 21, 2024. The add-on expands Paramount’s HVAC, plumbing and medical-gas capabilities in southern Virginia and strengthens relationships with hospital and commercial customers in the Newport News/Norfolk/Virginia Beach region.

Funds managed by Blackstone have made an equity investment in Air Control Concepts alongside existing investor Madison Dearborn Partners and AIR's management team to support the continued growth of AIR's commercial HVAC solutions platform. Headquartered in Norfolk, Virginia, AIR will continue to be led by its existing management team, which retains a meaningful ownership stake; terms were not disclosed.

Littlejohn & Co., a private investment firm, has acquired United Air Temp, a Lorton, Virginia-headquartered residential HVAC and plumbing services provider, from Summit Park. United Air Temp operates over 45 branches across the Mid-Atlantic and Southeastern U.S., with more than 850 employees and a customer base of over 90,000 homeowners; Littlejohn will partner with management, which remains a significant investor, to scale the platform organically and via M&A.

JPB Partners, a family office and alternative asset manager, acquired Bowman's Plumbing, Heating, Air Conditioning & Electrical, Inc., a residential HVAC, plumbing and electrical services company headquartered in Sterling, Virginia. The transaction is an add-on to JPB's residential HVAC and plumbing platform (including Blue Mountain Plumbing, Heating & Cooling) to support de novo growth and additional add-on acquisitions across Virginia.

Slate Capital Group has made a strategic investment in Vertical Mechanical Group (VMG), a Sterling, Virginia-based full-service HVAC and plumbing contractor focused on large commercial projects. The private equity firm said the investment will provide financial support and operational resources to help VMG expand its market presence across the Eastern United States.

Southern Home Services, a Gryphon Investors‑backed home‑services platform headquartered in Maitland, Florida, acquired AirPlus Heating, Cooling, Plumbing & Electrical, a Lorton, Virginia–based residential HVAC, plumbing and electrical contractor. The acquisition expands Southern's Mid‑Atlantic footprint, adds electrical and Generac generator installation capabilities to its service offering, and brings AirPlus' local team and customer base into Southern's platform.

Southern Home Services (Southern HVAC Corporation) has acquired M.E. Flow, Inc., a third-generation, family-owned HVAC and plumbing services provider serving northern Virginia and parts of West Virginia. The deal is an add-on to Southern's multi-brand home services platform and is intended to expand Southern's mid-Atlantic presence while investing in technology, training and resources for the ME Flow team.

Chimney Works, a regional provider of commercial venting and heating solutions based in Crofton, Maryland, has acquired Chimney Restoration Services (CRS), a Front Royal, Virginia–based chimney restoration and maintenance specialist. The deal combines CRS's historic-preservation and commercial flue experience with Chimney Works' back-office capabilities to expand service reach and capabilities across the greater Washington, D.C. area.

Smart Care, a Wind Point Partners–backed equipment services platform headquartered in Alsip, Illinois, has acquired Dutton Food Equipment Repair, a family-owned commercial kitchen equipment repair company based in Richmond, Virginia. The add-on expands Smart Care's Equipment Solutions segment and strengthens its presence and technician capacity in the Mid-Atlantic region.

The Master Group Inc., Canada’s largest private HVAC/R distributor, has acquired Value Added Distributors (VAD), a Midlothian, Virginia–based HVAC solutions and distribution platform with 19 branches and nearly 200 employees. The acquisition establishes The Master Group’s entry into the United States and positions VAD as the platform for future U.S. growth.

NearU Services, a founder-led home services platform based in Charlotte, North Carolina, has acquired American Mechanical, Inc., a Virginia Beach-based provider of HVAC, plumbing, and electrical services. The acquisition will allow NearU to expand its Virginia footprint, retain local management and employees, and bring NearU's training and technology to American Mechanical's operations.

NearU Services, a founder-led home services platform based in Charlotte, acquired Premium Home Services, a Warrenton, Virginia-based HVAC, plumbing, and electrical contractor, to expand its service footprint into Virginia. Premium will continue operating under its local brand with Tom Noland remaining in management while NearU applies its operations, technology, and training resources to grow the business.

Harris, a national mechanical contractor headquartered in Saint Paul, Minnesota, has acquired Emtech Incorporated, a Northern Virginia building automation company. The acquisition brings Emtech's building automation, controls integration and service capabilities into Harris and expands Harris’ workforce and regional footprint across the Mid-Atlantic.

Hampton Roads Mechanical of Virginia (HRMVA), a Chesapeake-based commercial and industrial mechanical contractor, was acquired and rolled into MechanAir—a newly formed HVAC/mechanical platform sponsored by Delos Capital and Amalgam Capital. The deal closed September 2, 2021 and establishes HRMVA as a regional division of MechanAir as the partners pursue national consolidation of HVAC, mechanical and plumbing contractors.

United Air Temp (UAT), a portfolio company of Summit Park, has acquired Albemarle Heating & Air, a Charlottesville, Virginia-based provider of residential and commercial HVAC installation, repair and maintenance services. The acquisition is UAT's first add-on and expands its presence in Virginia, complementing UAT's existing operations in the Washington, D.C. metro and surrounding states.

Stonebridge Partners completed a recapitalization of Paramount Mechanical Corp., partnering with founder Mark Cronin and management while receiving subordinated debt and equity from Midwest Mezzanine Funds, Caltius Structured Capital, 747 Capital and other investors. Debt financing for the transaction was provided by Truist Bank and Midwest; the capital raise is intended to support Paramount's continued organic growth and strategic acquisitions across the Mid-Atlantic and Southeast U.S.

Summit Park led a majority recapitalization of United Air Temp (UAT) alongside Capitala Group, Pareto & Company, and UAT's management team. The transaction provides growth capital to expand UAT's geographic footprint, marketing capabilities and service offerings, and to pursue add-on acquisitions across the Southeast and Mid-Atlantic.