private equity firm

Del Air Receives Investment From Astara Capital Partners LLC

November 25, 2022

Del-Air Heating and Air Conditioning announced that it has received a growth investment from Astara Capital Partners LLC.

What the Sale of Emerson Climate Technologies Means for the HVAC Industry

Emerson spinoff an investment in the industry’s future, analysts say

Matt Jachman

November 6, 2022

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Emerson’s new partnership with international investors is a vote of confidence in the HVACR industry — and its durability and growth potential — at a time of accelerated change, analysts say.

Emerson to Sell Majority Stake in Climate Technologies to Blackstone

Transaction values the business at $14.0 billion

October 31, 2022

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Emerson announced a definitive agreement under which it will sell a majority stake in its Climate Technologies business to private equity funds managed by Blackstone.

Heritage Distribution Holdings Acquires Coastal Supply Company

October 18, 2022

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Heritage Distribution Holdings announced it has acquired Coastal Supply Company Inc., an HVACR distributor servicing the East Tennessee market.

The NEWSMakers Podcast: Is it time to sell your HVAC business?

Kyle Gargaro

October 18, 2022

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In the latest episode of The NEWSMakers podcast, Kyle Gargaro, editorial director for The ACHR NEWS, talks with Dena Jalbert, founder and CEO of Align Business Advisory Services.

How Rising Interest Rates Could Affect Acquisitions

Interest rates aren’t the only thing that could entice an owner to buy or sell

Hannah Belloli

October 15, 2022

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While interest rates do affect the cost of acquisitions, they aren’t necessarily the key driver in an owner deciding whether to buy or sell.

Tech24 Acquires Allied Service Group

September 28, 2022

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Tech24, backed by HCI Equity Partners, announced that it acquired Allied Service Group on September 23, 2022.

The NEWSMakers Podcast: HVAC Outlook with Matt Michel

August 7, 2022

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In the latest episode of The NEWSMakers podcast, Kyle Gargaro, editorial director for The ACHR NEWS, talks to Matt Michel, president of Service Nation.

OMERS Private Equity to Acquire Pueblo Mechanical & Controls

August 5, 2022

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OMERS Private Equity announced the signing of a definitive agreement to acquire Pueblo Mechanical & Controls from Huron Capital Partners.

Local HVAC Contractors Can Still Compete With the Big Guys

As the ‘Great Consolidation’ continues, lean into the local angle to connect with loyal customers

Patrick Lange

July 11, 2022

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We’re in the midst of what some in the HVAC industry are calling “The Great Consolidation.” If you’re thinking about selling, it makes it a good time to pull the trigger — as long as you’re selling for the right reasons.