Brooks Crankshaw, Managing Director at Balmoral and the firm’s specialist in the Business Services industry, recently interviewed several HVAC company owners and investors to gather some common themes in the industry. The market for transitioning ownership of HVAC companies has long been active, and 2020 was no exception. Sellers should take note of what investors deem to be valuable, and investors should take advantage of successful strategies.
Whether viewed as a platform acquisition, add-on investment or strategic tuck-in, residential and commercial HVAC sellers have an opportunity to take advantage of the highly active market. My expectation is that HVAC merger and acquisition activity will continue its fast pace into 2021, considering the continued opportunities for consolidation coupled with investors’ urgency to invest their plentiful capital.
Balmoral Advisors specializes in advising clients on selling their companies, growing through acquisitions, and raising debt and equity capital. Contact us to discuss strategic options tailored to your specific situation.