Sell Your HVAC Business in New Jersey
Who is buying HVAC companies in New Jersey
Named HVAC acquisitions we have recorded in New Jersey
- NJ Pipe Doctor, acquired by Legacy Service PartnersPrivate-equity-backed buyer · Announced Apr 2025 · NJ · Source ↗
HVAC companies in New Jersey that already have an outside owner
Found by DealSeam's own research, not just press releases. Each company is listed on its owner's website, says so on its own website, now redirects to its owner, or was confirmed owned in DealSeam's September 2026 ownership screen. Many of these sales were never announced.
| Company | City | Owned by | How we know |
|---|---|---|---|
| Air Experts | Lakewood | ARS / Rescue Rooter (American Residential Services) | listed on ARS / Rescue Rooter's website ↗ |
| Allied Experts | Cherry Hill | Sila Services | listed on Sila Services's website ↗ |
| Dwyer Services | Freehold | Legacy Service Partners | announcement ↗ |
| Gold Medal Service | East Brunswick | Horizon Services (Strikepoint Group) | listed on Horizon Services's website ↗ |
| Guaranteed Service | Manasquan | Redwood Services | listed on Redwood Services's website ↗ |
| Hutchinson Heating, Cooling, Plumbing & Energy Services | Cherry Hill | Horizon Services (Strikepoint Group) | announcement ↗ |
| Kagel's Heating & Air Conditioning | Fieldsboro | Horizon Services (Strikepoint Group) | listed on Horizon Services's website ↗ |
| NJ Pipe Doctor | Woodbridge Township | Legacy Service Partners | announcement ↗ |
| Olson's Air Conditioning & Heating | Monmouth Junction | Horizon Services (Strikepoint Group) | listed on Horizon Services's website ↗ |
| Willco Air Conditioning | Branchville | Legacy Service Partners | announcement ↗ |
| Platform | Owner / backer | Type | Headquarters | Scale | |
|---|---|---|---|---|---|
| Apex Service Partners | Alpine Investors (controlling); Apollo minority pending | Private equity | Tampa, FL | 75 local brands across 46 states; 13,000+ employees | Source ↗ |
| Wrench Group | Leonard Green & Partners (with TSG Consumer Partners + Oak Hill, minority) | Private equity | Sarasota, FL | ~25 brands across ~15 states (Parker & Sons, Coolray, Morris-Jenkins, Cool Today) | Source ↗ |
| Sila Services | Goldman Sachs Alternatives | Private equity | King of Prussia, PA | 40+ brands across the Northeast, Mid-Atlantic and Midwest | Source ↗ |
| ARS / Rescue Rooter (American Residential Services) | GI Partners + Charlesbank Capital Partners | Private equity | Memphis, TN | 70+ service centers across ~28 states | Source ↗ |
| TurnPoint Services | OMERS Private Equity | Private equity | Louisville, KY | Residential HVAC, plumbing & electrical across ~13 states | Source ↗ |
| Service Experts | Brookfield (via Enercare) | Private equity | Richardson, TX | 75+ service centers across 31 states | Source ↗ |
| Redwood Services | Altas Partners | Private equity | Memphis, TN | ~18 partner brands; ~$500M+ revenue | Source ↗ |
| Southern Home Services | Gryphon Investors (via NAEHS) | Private equity | Maitland, FL | 15+ brands across the Southeast | Source ↗ |
| Goettl Air Conditioning & Plumbing | Cortec Group | Private equity | Las Vegas, NV | AZ, NV and TX | Source ↗ |
| Air Pros USA | Exuma Capital Partners (founder-controlled) | Private equity | Hollywood, FL | Florida markets (Fort Lauderdale, Miami, Tampa, Orlando and more) | Source ↗ |
| Horizon Services (Strikepoint Group) | New Mountain Capital | Private equity | Newark, DE | Seven metros (Philadelphia, NYC, Atlanta, Baltimore, DC, Hartford, Jacksonville) | Source ↗ |
| Legacy Service Partners | Gridiron Capital | Private equity | Tampa, FL | 22+ partner brands across 19 states | Source ↗ |
| NearU Services | Freeman Spogli & Co. + SkyKnight Capital | Private equity | Charlotte, NC | ~22 brands across nine states | Source ↗ |
| Any Hour Group | Knox Lane | Private equity | Orem, UT | 25+ locations across 10 states; 2,000+ employees | Source ↗ |
| Heartland Home Services | The Jordan Company (TJC) + Cobepa | Private equity | Grand Rapids, MI | ~37 brands across the Midwest and East; 1,800+ employees | Source ↗ |
| Champions Group Holdings | Blackstone | Private equity | Irvine, CA | Residential HVAC/plumbing/electrical; 1,800+ technicians, 150,000 members | Source ↗ |
| Leap Partners | Concentric Equity Partners | Private equity | Nashville, TN | 28 companies across eight Southeastern states | Source ↗ |
| Blue Cardinal Home Services Group | Percheron Capital | Private equity | Lufkin, TX | Multi-regional residential HVAC/plumbing/electrical (TX, AL, MO and more) | Source ↗ |
| Northwinds Services Group | TruArc Partners | Private equity | Rochester, NY | ~26 brands across the Northeast, Mid-Atlantic and Midwest | Source ↗ |
| Ally Services | Watchtower Capital | Private equity | Rockville, MD | Residential HVAC & plumbing across VA, MD, PA, NJ, DE and DC | Source ↗ |
| Service Logic | Bain Capital + Mubadala | Private equity | Charlotte, NC | 140+ locations (commercial HVAC & building automation) | Source ↗ |
| Comfort Systems USA | Publicly traded (NYSE: FIX) | Strategic / public | Houston, TX | 184 locations in 139 cities; $2.45B Q3 2025 revenue | Source ↗ |
Ownership verified June 29, 2026. See every platform's recent deals in the HVAC roll-up tracker →
How many plumbing, heating and air-conditioning contractors are in New Jersey
The Census Bureau counted 3,454 plumbing, heating and air-conditioning contractors in New Jersey in 2023, ranking 8th of 50 states. 63% had fewer than five employees and 92% had fewer than 20. 92 had 50 or more.
| Employees | Establishments | Share |
|---|---|---|
| Fewer than 5 | 2,167 | 63% |
| 5 to 9 | 633 | 18% |
| 10 to 19 | 369 | 11% |
| 20 to 49 | 193 | 6% |
| 50 or more | 92 | 3% |
The Census Bureau counts HVAC and plumbing contractors as a single category (NAICS 238220), so this figure includes plumbing contractors.
Source: U.S. Census Bureau, County Business Patterns 2023 ↗ (NAICS 238220). An establishment is a single physical location, so an owner with three locations counts three times.
What an HVAC business in New Jersey is worth
HVAC companies typically sell for 4x-7x EBITDA, or 2.5x-4.5x SDE for smaller owner-operated HVAC companies, with most deals in the $1M - $15M range. These are industry-wide benchmarks, reviewed July 2026, not an appraisal of your business.
What buyers pay more for
- +Recurring maintenance contracts
- +Commercial client mix
- +Licensed technician roster
- +Modern fleet and equipment
What buyers discount
- -Owner-dependent relationships
- -Seasonal revenue concentration
- -Aging equipment or fleet
- -High employee turnover
How selling through DealSeam works
A confidential conversation
We learn about your business and what you want from a sale. Nothing is listed publicly.
Introductions where there is a fit
Where a qualified buyer fits your business, we introduce you, and only after you approve it.
You decide
You choose whether to go further, on your own timeline. Sellers pay nothing; the buyer pays our fee if a deal closes.
Selling an HVAC business in New Jersey: common questions
How much is an HVAC business in New Jersey worth?
HVAC companies typically sell for 4x-7x EBITDA, or 2.5x-4.5x SDE for smaller owner-operated HVAC companies, with most deals in the $1M - $15M range. Buyers tend to pay more for recurring maintenance contracts, commercial client mix, licensed technician roster and modern fleet and equipment, and less where they see owner-dependent relationships, seasonal revenue concentration, aging equipment or fleet and high employee turnover. These are industry-wide ranges, not an appraisal of your business.
Who is buying HVAC companies in New Jersey?
Recent named deals in New Jersey include NJ Pipe Doctor (acquired by Legacy Service Partners, Apr 2025). Nationally, the largest groups consolidating HVAC companies include Apex Service Partners (Alpine Investors), Wrench Group (Leonard Green & Partners) and Sila Services (Goldman Sachs Alternatives); 21 of the 22 platforms we track are private-equity-backed. Our own research found 10 HVAC companies in New Jersey already owned by these platforms, including Air Experts (ARS / Rescue Rooter), Allied Experts (Sila Services) and Dwyer Services (Legacy Service Partners).
How many plumbing, heating and air-conditioning contractors are there in New Jersey?
The Census Bureau's County Business Patterns counted 3,454 plumbing, heating and air-conditioning contractors in New Jersey in 2023, ranking 8th of 50 states. 63% had fewer than five employees, 92% had fewer than 20, and 92 had 50 or more. The Census Bureau counts HVAC and plumbing contractors as a single category (NAICS 238220), so this figure includes plumbing contractors.
Does it cost anything to sell through DealSeam?
No. Sellers pay nothing. When a deal closes, the buyer pays DealSeam's fee. There is no listing fee and no retainer.
Will my employees or customers find out I'm thinking about selling?
No. Nothing is listed publicly, and your details go to a buyer only after you approve that introduction.
Selling another kind of business in New Jersey?
Selling an HVAC business in another state?
Thinking about selling your HVAC business?
DealSeam works confidentially with owners to understand their options and, where there's a fit, introduces them to qualified buyers, at no cost to sellers.
Talk to us about your New Jersey business
Tell us how to reach you and we'll start a confidential, no-obligation conversation.
Sources
Valuation multiples are DealSeam's industry benchmarks, reviewed July 2026. Establishment counts are from the U.S. Census Bureau, County Business Patterns 2023 (NAICS 238220). Platform ownership comes from each platform's own or press sources, verified June 29, 2026. Companies listed as already owned come from DealSeam's own research: the owner's website, the company's own website, a domain redirect, or a source found in our September 2026 ownership screen, each re-checked before publishing. Named acquisitions are the deals we have recorded from public announcements, each linked to its source; they are not every deal in the state. Ownership in this sector changes often. None of this is investment, legal or tax advice.