Full-Service HVAC Company with Diversified Revenue Streams
Business Services; Construction; Consumer, Food & Retail
The company is a full-service heating and cooling contractor specializing in installations, repairs, maintenance, and replacements of all heating and air conditioning systems, gas fireplaces, water heaters, and standby generators.
• Revenues and adjusted EBITDA have grown at a compound annual growth rate of 8.8% and 18.0%, respectively, from 2016 to 2020
• Average gross profit margin of 41.5% from 2016 to 2020
• Over 600 active maintenance contracts generating recurring revenue
• In operation for over 18 years
• Comprehensive product and service catalog, yielding a diversified customer base
• Trane Comfort Specialist and Regency Fireplace Authorized Dealer
• Expand footprint into different areas of the region to expand market share
• Continue to grow the company’s maintenance programs to increase this recurring revenue segment
• Continue to increase workforce and operating capacity to optimize workflow efficiencies
• Mid-Atlantic US
• The company serves the residential and commercial customer market in their geographic region.
• The company operates from a 3,600 sq. ft. facility leased from an unrelated third party. There is room to grow in the current location.