This Carolina based HVAC business for sale is a leading regional, commercial and industrial HVAC services provider and contractor. Services include contracted preventive maintenance, equipment replacements, turnkey installations of any HVAC system and controls. Clients include some of the largest facilities in the region. The company has developed an outstanding staff, with a vast knowledge and understanding of even the most complex HVAC systems. Ownership seeks options to transfer to minority owners, exit or recap and remain in the business.
Acquisition highlights include;
- Revenues: $ 12.4 MM / 2017 YE
- EBITDA: $ 3.5 MM / 2017 YE
- Average growth 14% YOY – 57% over 4 years
- EBITDA margin > 25%
- Diverse base of commercial and industrial customers
- 190+ Annual Service Contracts represents $1.6MM/yr recurring revenue and over $6MM in additional services revenue.
The Hatteras Group has been engaged to explore the market for the sale of all or a portion of the business to facilitate upcoming transitions in management and ownership in management and ownership.
Products & Services Include;
Chillers
Split Systems
Package Units
Geothermal Heat Pumps
Compressors
Pumps and Systems
Commercial Grade UV Lights
Variable Frequency Drives
Fan Wall Technology
Knock Down Air Handlers
Ductless & Duct Mini Split Systems
High Efficiency Purges
VAVs
Chiller Contingency Plan
HVAC Rentals and Portable Units
Refrigerant Monitors
Petroleum and Refrigerant Products
Chemicals
Glycol
Contact Alan Clark for additional details, alan@hatterasgroup.com or call 704-307-4166. To register your interest and sign an NDA for details of this opportunity go to www.HatterasGroup.com/Start/ and use Project CHARLIE for the project code.
About The Hatteras Group
The Hatteras Group is a collaborative team of professional intermediaries and advisors, leading business owners and entrepreneurs as they navigate the complex and often emotional process of selling or buying a business. We represent owners to sell their businesses, lead proprietary acquisition searches, source equity and debt and provide business valuation services, generally working with companies whose annual revenues are $5MM to $100MM.
Contact Alan Clark to schedule a 30 minute call to learn how we can help you explore the M&A market or sell your business.