Private Equity Firms Buying HVAC Companies in 2026: The 18 Active PE Platforms Behind HVAC Acquisitions
HVAC private equity in 2026 means 18 sponsor-backed platforms, led by Apex Service Partners, Sila Services and Service Logic, buying owner-run shops as add-ons: PE add-ons were 38 of 92 HVAC services deals through July (Capstone Partners).
Key takeaways
- HVAC services M&A logged 92 deals year to date in 2026, down 4.2%; financial sponsors did 47 and PE add-ons 38, or 41.3% of the total (Capstone Partners, July 2026).
- The average HVAC services multiple fell to 9.5x EV/EBITDA for 2024 to 2026 from 13.3x for 2021 to 2023, per the same Capstone Partners report.
- Platforms keep trading between sponsors: Blackstone agreed to buy Champions Group in February 2026 for about $2.5 billion (Bloomberg), and Apollo agreed a minority stake in Apex in May 2026 (Apollo).
- The typical PE hold is now 6.0 years across 13,757 exits (Private Equity Info, September 2026); Wrench Group (7.5 years) and ARS (6.2 years) are past it.
- Founder rollover often runs 10% to 30% of proceeds (Porte Brown, June 2026), and earnouts appeared in 24% of 2025 private-target deals (SRS Acquiom study via Fasken).
Which private equity firms are buying HVAC companies in 2026?
Eighteen PE-backed platforms with a dated, public HVAC transaction lead the 2026 buyer list: ten residential or mixed, led by Apex Service Partners and Sila Services, and eight commercial mechanical, led by Service Logic. Their sponsors include Alpine Investors, Goldman Sachs, Blackstone, Bain Capital and KKR. Each row links to the press release or named report behind it.
| Platform | Sponsor (since) | Latest verified event | Segment and reach | Source |
|---|---|---|---|---|
| Apex Service Partners | Alpine Investors (2019; continuation vehicle Oct 2023); Apollo minority agreed May 2026 | 60 add-on acquisitions in 2025 | Residential; 75 brands, 46 states | Alpine, Feb 2026 |
| Sila Services | Goldman Sachs Alternatives (Nov 2024) | Live Free Heating, Cooling & Electric (NH), Jun 2, 2025 | Residential; Northeast, Midwest | PR Newswire |
| Wrench Group | Leonard Green (Apr 2019); TSG and Oak Hill minority (Nov 2022) | $1.3 billion private credit refinancing, Sep 2025 | Residential; Sun Belt, West | Private Equity Wire |
| Champions Group | Blackstone BXPE (agreed Feb 17, 2026), from Odyssey | Platform sale; 1,800+ technicians | Residential; California base | Business Wire |
| Redwood Services | Altas Partners (May 8, 2025), with Union Main Group | Altas investment; $500M+ revenue | Residential | Business Wire |
| ARS / Rescue Rooter | GI Partners with Charlesbank (Aug 2020) | Sale process reported, Mar 23, 2026 | Residential; 23 states | Reuters |
| NearU Services | Freeman Spogli & Co. (Aug 17, 2022) | Sponsor investment | Residential; Southeast | PR Newswire |
| Legacy Service Partners | Gridiron Capital (Jan 18, 2023) | Sponsor investment | Residential | PR Newswire |
| Authority Brands (One Hour Heating & Air Conditioning) | Apax Partners (2018) | 246 new franchise owners, 340 territories in 2025 | Franchise system | 1851 Franchise |
| Neighborly (Aire Serv) | KKR (announced Jul 8, 2021) | Franchise system, 28 brands | Franchise system | KKR release |
| Service Logic | Bain Capital and Mubadala (Dec 16, 2025) | Platform sale; 5,000+ technicians | Commercial; North America | Bain Capital |
| Astra Service Partners | Alpine Investors (Orion Group, Nov 2020) | Knott Mechanical, Maryland, Sep 22, 2025 | Commercial; East Coast | Business Wire |
| Crete United | Ridgemont Equity Partners (Jun 2022) | Hartwig Mechanical, Harvard, IL, Nov 18, 2024 | Commercial | Crete United |
| FirstCall Mechanical Group | SkyKnight Capital (launched Feb 9, 2023) | Senior credit facility upsized, Aug 2025 | Commercial; Southeast and Mid-Atlantic | Holland & Knight |
| Pueblo Mechanical & Controls | OMERS Private Equity (Aug 5, 2022) | Sponsor acquisition from Huron Capital | Commercial; Southwest | GlobeNewswire |
| Reedy Industries (PremiStar) | Partners Group (Jul 2021) | Sponsor acquisition from Audax | Commercial | Partners Group |
| United Building Solutions | AE Industrial Partners (Feb 18, 2025) | DFW Mechanical Group, Wylie, TX, Jan 20, 2026 | Commercial; Northeast, Texas | Business Wire |
| AIR Control Concepts | Blackstone (sole investor since Jan 7, 2026) | Technical Air Systems, Feb 2026 | Commercial; Virginia base | Business Wire |
Comfort Systems USA (NYSE: FIX) is the public strategic in the same pool: its Form 10-Q shows J&S Mechanical Contractors bought on February 1, 2024 for $120.6 million. Newer sponsor-backed buyers also closed HVAC add-ons in April 2026, including Liberty Services Partners (NorthCurrent Partners) and Ambient Enterprises (ICG), per Capstone Partners.
Considering a sale to one of these HVAC platforms?
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How many HVAC companies has private equity bought?
Private equity bought almost 800 HVAC, plumbing and electrical businesses from 2022 to late 2024, per PitchBook data reported by the Wall Street Journal and cited by Forbes. In 2026 the pace held: Capstone Partners counted 92 HVAC services deals through July, 47 of them by financial sponsors, while average pricing sat well below the 2021 to 2023 level.
| Key number | Value | Period | Source |
|---|---|---|---|
| HVAC services deals, announced or completed | 92 (down 4.2%) | YTD July 2026 | Capstone Partners |
| Deals by financial sponsors | 47 (46 a year earlier) | YTD July 2026 | Capstone Partners |
| PE add-ons | 38, or 41.3% of deals | YTD July 2026 | Capstone Partners |
| Average HVAC services EV/EBITDA | 9.5x (13.3x in 2021 to 2023) | 2024 to YTD 2026 | Capstone Partners |
| Global PE add-ons on HVAC services providers | 32 vs 17, up 88% | Through Jun 9, 2025 | S&P Global Market Intelligence |
| Privately owned HVAC companies; PE- and VC-backed share | 126,000+; 8% combined | 2026 | Grata |
| Jobs at plumbing, heating and AC contractors | 1,338,600 (preliminary) | Aug 2026 | BLS, series CES2023822001 |
Read the two Capstone Partners figures together: deal count barely moved, but the average HVAC services multiple fell from 13.3x to 9.5x, so sponsors pay up for quality and pass on the rest. To see what that means for your own number, read our HVAC business valuation guide.
Why is private equity buying HVAC companies?
Private equity buys HVAC companies because the trade is fragmented and its revenue repeats. Grata counts more than 126,000 privately owned HVAC companies, with PE- and VC-backed firms only 8% of the total, so a platform can buy dozens of local shops, add maintenance agreements and a shared call center, then sell the larger company to the next sponsor at a higher multiple.
- Repeat revenue: maintenance plans and commercial service contracts are what sponsors underwrite; see how service agreements raise business value.
- Labor: plumbing, heating and AC contractors employ about 1.34 million people (BLS, August 2026); platforms that recruit technicians at scale grow faster.
- No size floor at some buyers: Service Logic’s acquisition program states it has no acquisition restrictions on size, no revenue threshold and no required employee count.
The sponsor earns the gap between what it pays for add-ons and what the next owner pays for the platform, which is why platform acquisitions and add-ons are priced so differently.
How do HVAC private equity platforms change hands?
HVAC platforms rarely leave private equity; they move from one sponsor to the next. Since April 2019, Wrench Group, Sila Services, Service Logic and Champions Group have each been sold to a new sponsor, Apex Service Partners moved into a $3.4 billion continuation vehicle, and Reuters reported in March 2026 that GI Partners was exploring a sale of ARS.
| Date | Platform | From | To | Disclosed figure | Source |
|---|---|---|---|---|---|
| Apr 8, 2019 | Wrench Group | Investcorp | Leonard Green | Not disclosed | Leonard Green |
| Oct 25, 2023 | Apex Service Partners | Alpine fund | Alpine continuation vehicle | $3.4 billion, plus $450 million from Alpine Fund IX | Alpine Investors |
| Nov 12, 2024 | Sila Services | Morgan Stanley Capital Partners | Goldman Sachs Alternatives | Not disclosed | Goldman Sachs |
| May 8, 2025 | Redwood Services | Union Main Group (stays in) | Altas Partners | Not disclosed | Business Wire |
| Dec 16, 2025 | Service Logic | Leonard Green | Bain Capital and Mubadala | Price not disclosed; $3.1 billion private loan (Bloomberg) | Bain Capital |
| Feb 17, 2026 | Champions Group | Odyssey Investment Partners | Blackstone BXPE | About $2.5 billion (Bloomberg) | Business Wire |
| Mar 23, 2026 | ARS / Rescue Rooter | GI Partners | Sale explored, no buyer named | Over $3.5 billion on about $200 million EBITDA | Reuters |
| May 28, 2026 | Apex Service Partners | Alpine (keeps control) | Apollo, minority | About $10 billion including debt (Reuters) | Apollo |
For an owner, this table describes your buyer’s buyer: a founder who rolled equity into Service Logic before December 2025 had that stake priced by the Bain Capital deal. The terms of each recapitalization decide whether rolled equity is cashed out or rolled again.
When does rollover equity in an HVAC platform pay out?
Rollover equity in an HVAC platform pays out when the sponsor sells or recapitalizes the platform, so the sponsor’s entry date is the best clock you have. Private Equity Info puts the typical PE hold at 6.0 years across 13,757 exits, and 6.2 years in 2025 for building products and construction services. The table measures each platform against that clock.
| Platform (sponsor) | Sponsor entry | Years held, Oct 2026 | Read for a seller |
|---|---|---|---|
| Authority Brands (Apax) | 2018 | 8.3 (mid-2018 assumed) | Franchise system; owners sign franchises, not rollovers |
| Wrench Group (Leonard Green) | Apr 2019 | 7.5 | Past typical hold; ask about the next sale |
| ARS (GI Partners) | Aug 2020 | 6.2 | Sale explored; rollover repriced soon |
| Astra Service Partners (Alpine) | Nov 2020 | 5.9 | Near typical hold |
| Neighborly (KKR) | Jul 2021 | 5.3 | Franchise system |
| Reedy / PremiStar (Partners Group) | Jul 2021 | 5.3 | Near typical hold |
| Crete United (Ridgemont) | Jun 2022 | 4.3 | Mid-hold |
| NearU Services (Freeman Spogli) | Aug 2022 | 4.2 | Mid-hold |
| Pueblo Mechanical (OMERS) | Aug 2022 | 4.2 | Mid-hold |
| Legacy Service Partners (Gridiron) | Jan 2023 | 3.8 | Mid-hold |
| FirstCall Mechanical (SkyKnight) | Feb 2023 | 3.7 | Mid-hold |
| Apex Service Partners (Alpine continuation vehicle) | Oct 2023 | 3.0 | Equity repriced by Apollo, May 2026 |
| Sila Services (Goldman Sachs) | Nov 2024 | 1.9 | Early; long wait likely |
| United Building Solutions (AE Industrial) | Feb 2025 | 1.7 | Early |
| Redwood Services (Altas) | May 2025 | 1.4 | Early |
| Service Logic (Bain Capital, Mubadala) | Dec 2025 | 0.8 | Early |
| AIR Control Concepts (Blackstone) | Jan 2026 | 0.8 | Early |
| Champions Group (Blackstone BXPE) | Feb 2026 | 0.7 | Perpetual vehicle; get liquidity rights in writing |
Use the clock to decide how much rollover to accept. A 20% rollover into a platform 0.8 years into its hold is a bet you may carry for years; the same 20% into a platform already in a sale process can turn into cash, or be forced into the next owner’s structure, within months. Our guide to equity rollover for founders covers the mechanics.
- Ask when the sponsor invested and which fund holds the platform.
- Ask whether your rollover units are priced the same as the sponsor’s equity, or junior to it.
- Ask what happens to your units at a sale or recap: cash out, mandatory re-roll, or your choice.
- Ask your CPA whether the rollover qualifies for deferral under Section 351 or Section 721, and whether any vesting triggers an 83(b) election within 30 days (Porte Brown, June 2026).
What does a private equity offer for an HVAC company look like?
A private equity offer for an HVAC company is a headline price split into parts that pay at different times. Cash arrives at closing, an escrow or holdback is released later, an earnout pays only if targets are hit, and rollover equity pays at the platform’s next sale. The 2026 SRS Acquiom study of 2,300+ private deals sets the market ranges below.
| Component | Market data | When you are paid | Source |
|---|---|---|---|
| Rollover equity | Often 10% to 30% of proceeds | At the platform’s next sale or recap | Porte Brown, Jun 2026 |
| Earnout | In 24% of 2025 deals (22% in 2024); median potential 34% of the closing payment | Most run 1 to 2 years (38% of earnouts) | SRS Acquiom via Fasken, May 2026 |
| Escrow or holdback | Median 11.1% of deal value without R&W insurance; 2.8% with it | After the claims period | SRS Acquiom via Fasken |
Illustrative worked example. The numbers below are illustrative, not a quote: a $12,000,000 headline offer with a 20% rollover, an earnout and a 10% escrow, which sits between the 2.8% and 11.1% medians above.
| Line | Arithmetic | Amount |
|---|---|---|
| Headline offer | Given (illustrative) | $12,000,000 |
| Rollover equity | 20% x $12,000,000 | $2,400,000 |
| Earnout, over 2 years | Given; 23% of the $7,800,000 closing payment, under the 34% median | $1,800,000 |
| Cash at closing | $12,000,000 minus $2,400,000 minus $1,800,000 | $7,800,000 |
| Escrow held back | 10% x $12,000,000 | $1,200,000 |
| Wired at closing, before debt payoff and tax | $7,800,000 minus $1,200,000 | $6,600,000 |
| Rollover value at the next sale | $2,400,000 x 0.5 / 1.5 / 2.0 | $1,200,000 / $3,600,000 / $4,800,000 |
In this illustrative case, $6,600,000 of the $12,000,000 headline arrives on closing day. Negotiate the earnout definition, the escrow size and the rollover terms as hard as the price; our guide on how earnouts work and when they backfire lists the clauses that decide whether the $1,800,000 is ever paid.
Should you sell your HVAC company to private equity?
Sell to private equity if your HVAC company has recurring service revenue, runs without you for 90 days and can document its books; you will most likely be bought as an add-on below $5M of EBITDA. Below $1M of EBITDA, the likelier buyers are SBA-financed individuals, search funds and tuck-in acquirers, so test those before a PE-only process.
| If your situation is | Do this | Why |
|---|---|---|
| Under $1M of trailing EBITDA | Market to individuals, search funds and nearby platforms at once | Platforms buy at this size only as tuck-ins |
| $1M to $5M of EBITDA, mostly service and maintenance revenue | Run a process across several residential or commercial platforms | Competing bids beat one bid |
| Mostly new-construction or GC-driven work | Shift toward service for 12 to 24 months before selling | Project revenue is priced at the bottom of a tier |
| One customer pays more than 20% of revenue | Reduce the concentration or expect a longer earnout | Buyers price the account risk |
| The business would not run 90 days without you | Promote a general manager or service lead first | Owner dependence means more earnout |
| The platform’s sponsor is past 6.0 years of hold | Take less rollover or ask for a cash-out right at the next sale | A sale may reprice your units |
| $5M+ of EBITDA with multi-state potential | Invite sponsors and strategics, not only platforms | You may qualify as a platform |
Before you sign a letter of intent, have current EPA Section 608 certifications and a written plan for the A2L refrigerant transition in the data room; buyers in this group check both. For the full sequence from preparation to closing, follow our step-by-step on how to sell an HVAC business to private equity, and commercial operators should read how to sell a commercial HVAC business.
Which HVAC private equity figures are often misquoted?
Five HVAC private equity figures circulate in a form their own source does not support, including in the earlier version of this page. The usual errors: a debt package reported as a deal value, a broader-HVAC multiple quoted for HVAC services, and a 2021 deal dated 2025.
| Claim in circulation | What the source says | Source |
|---|---|---|
| KKR closed its Neighborly deal in Q1 2025 | KKR announced the Neighborly acquisition on July 8, 2021 | KKR release |
| Service Logic sold for about $3.1 billion | $3.1 billion is the private loan Bain lined up; the price was not disclosed | Bloomberg, Nov 4, 2025 |
| Redwood Services valued at about $1.1 billion, about 17x EBITDA | The release discloses no terms; no named report found | Business Wire, May 8, 2025 |
| Champions Group at 18.5x EBITDA per Bloomberg | Bloomberg reported about $2.5 billion; 18.5x and $140 million come from TheStreet, and $2.5 billion / $140 million is 17.9x | Bloomberg; TheStreet, Mar 5, 2026 |
| HVAC services deals average 11.4x EBITDA | 11.4x is Capstone’s broader HVAC figure; HVAC services averaged 9.5x | Capstone Partners, Jul 2026 |
For the same pattern across other trades, see our home services PE roll-up guide.
How we compiled this
We compiled this page in October 2026 from 47 press releases, SEC filings, datasets and named reports, all linked in the sources list, including Capstone Partners, S&P Global, Grata, BLS and Private Equity Info datasets. Every platform needed a dated public transaction to be listed. We excluded forum posts, unattributed valuations and any platform we could not tie to a release; hold-clock years are our arithmetic from announcement dates.
Frequently asked questions
Are private equity firms buying HVAC companies?
Yes. Private equity firms and their platforms did 47 of the 92 HVAC services deals Capstone Partners counted through July 2026, and PE add-ons alone were 38. Apex Service Partners, backed by Alpine Investors, completed 60 add-on acquisitions in 2025, and Goldman Sachs, Bain Capital and Blackstone each bought or backed an HVAC platform between November 2024 and February 2026.
Why is private equity buying HVAC companies?
HVAC is fragmented and its revenue repeats. Grata counts over 126,000 privately owned HVAC companies, with PE- and VC-backed firms just 8% of them, so a platform can buy many local shops, add maintenance plans and a shared back office, then sell the combined company to the next sponsor. Blackstone’s Champions Group deal at about $2.5 billion (Bloomberg, February 2026) shows that exit.
What happens to an HVAC company after a private equity acquisition?
Most platforms keep the local brand, trucks and technicians, then centralize dispatch, purchasing, pricing and maintenance-plan programs. The former owner often stays for a transition period, may roll 10% to 30% of proceeds into platform equity (Porte Brown, 2026) and may have part of the price in an earnout, which appeared in 24% of 2025 private-target deals in the SRS Acquiom study.
Who is the biggest private equity backed HVAC company?
Apex Service Partners is the largest by disclosed size: 75 local brands in 46 states, more than 8,000 technicians and over $3 billion of annual revenue, per Apollo’s May 28, 2026 release announcing its minority investment. Reuters reported the deal could value Apex at about $10 billion including debt. Alpine Investors remains the controlling sponsor of the platform.
Sources
All sources accessed October 2026.
- Capstone Partners, HVAC Services M&A Update, July 2026 (Jul 27, 2026)
- Capstone Partners, HVAC Services Market Update, December 2025 (Dec 5, 2025)
- S&P Global Market Intelligence, HVAC deals demonstrate private equity’s appetite for add-ons (Oct 29, 2025)
- Forbes (Jack Kelly) citing WSJ / PitchBook (Oct 17, 2024)
- Grata, The PE Playbook: HVAC (Jul 6, 2026)
- Axial, Axial’s Take: Plumbing & HVAC Millionaires (Oct 15, 2024)
- US Bureau of Labor Statistics, Current Employment Statistics (Aug 1, 2026)
- Business Wire (Feb 18, 2025)
- Business Wire (Jan 20, 2026)
- Comfort Systems USA Form 10-Q (Aug 1, 2024)
- Comfort Systems USA Q3 2025 Form 10-Q (Oct 1, 2025)
- Service Logic acquisition program page (Oct 26, 2026)
- PR Newswire (Jun 2, 2025)
- Goldman Sachs Asset Management press release (Nov 12, 2024)
- Business Wire (May 8, 2025)
- Bain Capital press release (Dec 16, 2025)
- Bloomberg (Nov 4, 2025)
- Blackstone / Business Wire (Feb 17, 2026)
- Bloomberg (Feb 17, 2026)
- TheStreet via Yahoo Finance (Mar 5, 2026)
- Apollo press release (May 28, 2026)
- Reuters (May 27, 2026)
- Alpine Investors / Business Wire (Oct 25, 2023)
- Alpine Investors, 2025 Year in Review (Feb 13, 2026)
- PR Newswire (Jan 23, 2024)
- KKR press release (franchising.com) (Jul 8, 2021)
- Private Equity Wire citing Bloomberg (Sep 15, 2025)
- Leonard Green press release (Apr 8, 2019)
- Troutman Pepper deal note (Feb 12, 2024)
- Crete United press release (Nov 18, 2024)
- Ridgemont press release (Jun 1, 2022)
- 1851 Franchise (press release format) (Feb 9, 2026)
- Apax Partners portfolio page (Oct 26, 2026)
- Business Wire (Jan 7, 2026)
- Reuters (Mar 23, 2026)
- PR Newswire (Aug 31, 2020)
- Business Wire (Nov 10, 2020)
- Business Wire (Sep 22, 2025)
- Business Wire (Feb 9, 2023)
- Holland & Knight (Sep 1, 2025)
- GlobeNewswire (Aug 5, 2022)
- PR Newswire (Aug 17, 2022)
- PR Newswire (Jan 18, 2023)
- Partners Group press release (Jul 1, 2021)
- Private Equity Info, PE Hold Periods by Industry (Andy Jones) (Sep 7, 2026)
- Fasken summary of SRS Acquiom 2026 M&A Deal Terms Study (Mondaq) (May 12, 2026)
- Porte Brown (Mark Gallegos), Rollover Equity in Private Equity Deals (Jun 11, 2026)
Other home-services PE roll-up trackers
- the 2026 Waste Hauling PE Roll-Up Tracker
- the 2026 Septic and Onsite Wastewater PE Roll-Up Tracker
- the 2026 Paving Asphalt PE Roll-Up Tracker
- the 2026 Snow and Ice Management PE Roll-Up Tracker
- the 2026 Restoration PE Roll-Up Tracker
- the 2026 Tree Service PE Roll-Up Tracker
- the 2026 Garage Door PE Roll-Up Tracker
- the 2026 Foundation Repair PE Roll-Up Tracker
Related Guide: How to Sell an HVAC Business in 2026. Realistic multiples, residential vs. commercial buyers, the PE consolidation reality, and what to do 6-12 months pre-exit.
Related Guide: The 2026 Plumbing PE Roll-Up Tracker. Active U.S. plumbing PE platforms with verified 2024-2026 acquisitions and multiples. the companion tracker to this HVAC piece.
Related Guide: The 2026 Roofing PE Roll-Up Tracker. Active U.S. roofing PE platforms with verified 2024-2026 acquisitions, residential vs. commercial split, and what storm-density means for multiples.
Related Guide: How to Attract Private Equity to Buy Your Business. What PE platforms actually look for in HVAC acquisitions and how to position before going to market.
Related Guide: How to Prepare for PE Due Diligence. QoE, commercial DD, legal DD, and the diligence playbook PE platforms run on every HVAC add-on.
Next steps: If you’re selling your HVAC business to one of these buyers, we run a confidential M&A process. No fee to you on buy-side introductions; sell-side mandates are paid on success at closing. No public listing, and introductions to matched buyers in the broader U.S. lower-middle-market buyer landscape.
Read next: the 2026 LMM Buyer Mandate Report. a 4,500-word proprietary research piece on the 500+ active U.S. lower-middle-market buyers, mapped by EBITDA band, sector, and deal structure.
Reference: the 2026 PE Platform Map is the deeper research piece on this topic.
Related: selling an HVAC business in Oregon, the 2026 valuation, buyer landscape, licensing, and tax considerations for Oregon HVAC owners.
Related deep-dive M&A guides
Detailed sector guides with named transactions, mapped buyer landscapes, and operator-level diligence:
New data piece
21 active US pest control PE roll-up platforms profiled: Rollins (NYSE: ROL), Rentokil-Terminix (NYSE: RTO), Anticimex (EQT), Aptive (Goldman Sachs Asset Mgmt), Hawx (Aurora Capital), ProGuard (Trivest), Mantle (Knox Lane), Cook’s, Arrow, Massey, ABC, Truly Nolen + 9 more. Multiples 6x-13x EBITDA by profile. Acquisition velocity tracked 2024-2026.
Disclaimer and Methodology Notes
This page is compiled from public sources: press releases, SEC filings and named publications dated April 2019 to October 2026. We did not interview any platform, sponsor or operator, and we did not use proprietary deal data from CT Acquisitions engagements.
Mention of any sponsor or platform name reflects publicly disclosed activity only. Inclusion does not imply any current or prior advisory relationship between CT Strategic Partners LLC and the named entity, nor any endorsement of the named entity by CT Strategic Partners LLC.
This content is informational only. Nothing on this page constitutes investment, legal or tax advice, or a solicitation to buy or sell any business. Make any sale or acquisition decision with qualified M&A counsel and tax advisors.
Deal values and multiples cited are as reported by the named sources. Outcomes for a specific business depend on its earnings, buyer competition and deal structure; past transaction values do not predict future results.
