Plumbing & HVAC Industry News

Newly announced acquisitions in the industries we work in.

Liberty Service Partners and DB’s Plumbing and Drain
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Jon Burke

June 4, 2026

Liberty Service Partners Acquires DB’s Plumbing and Drain in Northern Virginia

The NorthCurrent Partners-backed home services company adds a Woodbridge plumber founded in 2008, six weeks after entering Northern Virginia with HVAC & Plumbing Unlimited.

Apollo Funds and Apex Service Partners
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Jon Burke

May 28, 2026

Apex Service Partners to Receive Strategic Investment from Apollo Funds

Existing investor Alpine Investors, which has backed Apex since 2019, will also add capital to the Dallas-based platform. Terms were not disclosed; closing is expected in the fourth quarter of 2026.

Flint Group and Air Around the Clock
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Jon Burke

May 27, 2026

General Atlantic-Backed Flint Group Acquires Air Around the Clock

The South Florida air conditioning, plumbing and electrical contractor is the only Florida company among Flint's 19 partner brands. Financial terms were not disclosed.

Foundral and A. Hattersley & Sons
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Jon Burke

May 21, 2026

Foundral Acquires 170-Year-Old Fort Wayne Contractor A. Hattersley & Sons

McNally Capital's union mechanical platform adds a Fort Wayne piping and HVAC firm to Smith & Oby and DSO, the businesses it launched with in December 2025. Terms were not disclosed.

Southern Home Services and Blazer Heating, Air & Plumbing
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Jon Burke

May 19, 2026

Southern Home Buys Blazer Heating, Air & Plumbing, Its First Richmond Deal

The Gryphon Investors-backed platform keeps Blazer's name, 37 employees and Mechanicsville headquarters. Founder Scott Broyles plans to retire; his son Bobby stays on to run the business. Terms were not disclosed.

Action Air Systems and Air Comfort Systems
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Jon Burke

May 5, 2026

Action Air Acquires Air Comfort Systems and Its Maintenance Contracts

A partner company of Trinity Hunt-backed NexCore takes on the Wallingford contractor's technicians and customers, with founder John Hauser staying through a transition. Terms were not disclosed.

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