Dylan Kurt is an editor with The ACHR News. He is an award-winning political journalist with a bachelor’s degree in Journalism from the University of Iowa. Growing up, Dylan spent a lot of time fetching tools and assisting his dad, who...
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Adopting artificial intelligence can be tricky for HVAC contractors, so imagine having 27 businesses integrating AI into their operations all at once. But that’s exactly what Southern Home Services, a residential trade service...
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Tweet Garot Mechanical, a mechanical contracting powerhouse with 127 years in the business, has made another strategic move to grow beyond its Midwest base, acquiring Temperature Control, a respected mechanical service and building automation...
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Lennox, a prominent manufacturer of energy-efficient climate control systems, has reached a definitive agreement to acquire the HVAC division of NSI Industries from Sentinel Capital Partners in a deal valued at roughly $550 million. The purchase...
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In a strategic move to capitalize on growing demands for advanced air handling solutions, Seattle-based private equity firm Pike Street Capital has acquired a stake in Superior Duct Fabrication, a leading manufacturer of commercial ducting...
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DAVENPORT, Iowa — Republic Companies, an HVAC and electrical distributor with 108 years of industry experience, and T.F. Ehrhart, a distributor with a 73-year legacy, have announced a merger. This strategic move unites two industry...
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While a sale price remains undisclosed so far, Miura’s acquisition of Cleaver-Brooks is already generating publicly-available terms and disclosures since its announcement in May 2024. The sale came just weeks after Miura’s purchase...
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Inflation, higher interest rates, and election uncertainty are among the factors that have kept many investors cautious for a while, but mergers and acquisitions (M&A) activity is set to rebound in 2025. That activity should be especially...
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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...
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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...
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