HVAC Industry News

GHK Capital Partners Acquires MSouth-Backed USA Hometown Experts

The Memphis-based HVAC, plumbing, and electrical platform, formed with MSouth Equity Partners' backing in 2022, runs eight local brands across seven states. CEO Bill Sublette stays on, and terms were not disclosed.

TruTemp Services Buys 50-Year-Old Sandhills Heating & Refrigeration

The Centre Partners and Baldwin Creek Partners platform adds an Aberdeen, North Carolina, HVAC and electrical contractor alongside Sanford's D&D HVAC. Bradford Hainley continues to lead it; terms were not disclosed.

Centre Partners-Backed TruTemp Buys Sanford's D&D HVAC

The Apex-based HVAC, plumbing, and electrical platform bought Aberdeen's Sandhills Heating & Refrigeration in the same announcement, and Dairus Davis stays on to lead D&D. Terms were not disclosed.

ADH Acquires Badger Metals as Owners and Employees Get Platform Equity

Tigertail Capital Partners-backed Advantage Distribution Holdings (ADH) adds four Wisconsin branches in its third acquisition, after CTC Supply and cfm Distributors. Terms were not disclosed.

A-One Refrigeration Anchors New American Service Partners Platform

Exuma Capital Partners sponsored the capital behind the Fort Lauderdale platform, which was formed from brands bought from Platform Partner Holdings and Air Today Holdings. Terms were not disclosed.

Cherokee Mechanical Joins Gallo Mechanical Platform in Northwest Georgia

The Citation Capital-backed New Orleans mechanical contractor adds a Calhoun, Georgia, Carrier dealer that has served Northwest Georgia since 1995. Gallo's announcement gives no financial terms.