The Company, consisting of two entities, distributes, services, maintains, and replaces heating, ventilation, and air conditioning (HVAC) components used in commercial system applications. The Company also offers HVAC design and construction services to clients across the state of Michigan and is a well-respected business in the industry.
Key Aspects
· The Company grew revenue and adjusted EBITDA at compound annual
growth rates (CAGRs) of 27.6% and 16.0%, respectively, from 2022 to the
trailing twelve months (TTM) ending June 30, 2025.
· The Company has been in operation for over four decades and has
established a strong reputation in the industry for providing high-quality
services.
· The Company has maintained an impressive average adjusted EBITDA
margin of 26.6%.
· Strong, well-developed client relationships, built over the Company's
operating history have lead to 60% of 2024 revenue from repeat clients based
on managements estimates.
·Financials as of 6/25
REF-BN000056805
Ad#:2444153