The HVAC industry remains strong in 2022 for prospective HVAC company sellers and buyers due to reaping the benefits of remaining an essential industry throughout the two years of the pandemic. Despite some challenges, the industry is growing, as homeowners and property managers still need HVAC maintenance and new unit installs. Whether you are buying or selling an HVAC business, there is potential benefit in the current market.
The most common occurrence in the market is larger companies acquiring smaller companies, as these larger companies are looking to grow off the robust client base small companies have managed to obtain over the last two-three years. Larger companies are also looking to avoid labor shortages by purchasing small HVAC companies with reliable staff. This is a boon for smaller HVAC owners looking to cash out on a solid two-three years of growth. Larger companies are willing to pay a premium for a company with a loyal customer base and staff.