A combination of low interest rates and Baby Boomers looking to retire has created a robust deal-making environment. Like most fields with limited concentration, the HVAC business has seen many such deals in the past year.
Hyde Park Capital is boutique M&A firm located in Tampa, Florida. Hyde Park that just celebrated 20th anniversary earlier this year. John McDonald is one of the co-founders and co-general managers. He describes Hyde Park as a generalist firm that covers all industries, including HVAC. They target founder-or family-owned companies and take them to market, working to get the best price for the business.