HVAC Industry News

Bailey's Heating & Air Joins Service Country Platform

The Grove Mountain Partners-backed platform named the Fort Oglethorpe HVAC contractor among five companies it partnered with in one announcement. Terms were not disclosed.

Springfield Heating and Air Joins Service Country Platform

Founded by Morgan Springfield in 2007, the Madison HVAC and plumbing contractor is one of five companies the Grove Mountain Partners-backed platform named as partners on September 28. The announcement gave no financial terms.

Flow Service Partners Acquires South Florida's Altman Air Conditioning

The Quad-C-backed HVACR and plumbing platform adds a commercial-only Lake Park contractor with more than four decades in South Florida, its second Florida company after Bradenton's Cortez. Terms were not disclosed.

Airo Mechanical Buys Legrande’s Enterprises in First CCMP Growth Deal

The Myrtle Beach plumbing and HVAC contractor gives Airo its first location in that metro, a year after CCMP Growth acquired the Mooresville, North Carolina, installer. Terms were not disclosed.

Heritage Holdings Acquires Union HVAC Contractor Airside Technology

The Boston firm, which has made more than 50 acquisitions since 2015, adds a 1984-founded East Syracuse contractor with its own sheet metal fabrication shop. Terms were not disclosed.

Goldman Sachs-Backed Sila Acquires Davis Heating and Air Conditioning

The Rocky Mount contractor, founded in 1947 and owned by CEO Chris Bishop since 2014, takes Sila into Western Virginia's Roanoke, Lynchburg and Danville regions.