It was about three years ago when private equity zeroed in on HVAC contracting. Jacques Zureikat of Houlihan Capital called it “the perfect storm.” COVID created uncertainty, which turned the attention of private equity companies to more...
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In a move signaling its continued commitment to expanding its national presence, Denver-based Hercules Industries has acquired Salt Lake City’s HVAC Equipment Sales Inc. The acquisition brings together two respected names in the HVAC...
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There are several reasons a business owner might decide to sell: To Cash Out: Private business owners often have a significant portion of their wealth tied up in the business. A sale – either partial or full – is a way to create liquidity and...
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Redwood Services is an investor in the HVAC contracting space. They currently have 15 business partners. What makes them a bit different in the mergers and acquisitions field is they are aiming for a true partnership while providing coaching to...
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