Sell Your HVAC Business in North Carolina
Who is buying HVAC companies in North Carolina
Named HVAC acquisitions we have recorded in North Carolina
- Climate Systems LLC, acquired by Service LogicPrivate-equity-backed buyer · Announced Sep 2026 · Charlotte, the Triad, and Asheville · Source ↗
- Van's Electric, acquired by Leap PartnersPrivate-equity-backed buyer · Announced Sep 2026 · Franklin, NC · Source ↗
- Century Contractors, acquired by Comfort Systems USAPublic-company buyer · Announced Jan 2025 · NC · Source ↗
HVAC companies in North Carolina 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 |
|---|---|---|---|
| A+ Heating & Cooling - Electrical | Ocean Isle Beach | Southern Home Services | listed on Southern Home Services's website ↗ |
| B&J Plumbing, Heating, and Air Conditioning | Wilson | Redwood Services | listed on Redwood Services's website ↗ |
| Bass Air Conditioning Company | Fayetteville | NearU Services | listed on NearU Services's website ↗ |
| Bullman Heating & Air | Asheville | NearU Services | listed on NearU Services's website ↗ |
| Byrum Heating & A/C | Marshville | NearU Services | listed on NearU Services's website ↗ |
| Carolina Air & Power | Carthage | NearU Services | listed on NearU Services's website ↗ |
| Carolina Power & Generators | Carthage | NearU Services | listed on NearU Services's website ↗ |
| Century Contractors | Matthews | Comfort Systems USA | announcement ↗ |
| Dilling Heating, Cooling, Plumbing, Drains, Electrical & Generators | Charlotte | Apex Service Partners | listed on Apex Service Partners's website ↗ |
| Eanes Heating & Air Conditioning | High Point | Horizon Services (Strikepoint Group) | announcement ↗ |
| Environmental Air Systems | High Point | Comfort Systems USA | announcement ↗ |
| Envirotrol | High Point | Comfort Systems USA | listed on Comfort Systems USA's website ↗ |
| Happy Home Services | Durham | NearU Services | listed on NearU Services's website ↗ |
| Ideal Services Heating & Cooling | Holly Springs | NearU Services | listed on NearU Services's website ↗ |
| Jackson & Sons | Dudley | NearU Services | listed on NearU Services's website ↗ |
| Kendal Air Heating and Cooling | Indian Trail | NearU Services | announcement ↗ |
| Lakeside Heating & Air Conditioning | Denver | NearU Services | listed on NearU Services's website ↗ |
| MTB Mechanical | Matthews | NearU Services | listed on NearU Services's website ↗ |
| Morris-Jenkins | Charlotte | Wrench Group | listed on Wrench Group's website ↗ |
| Mountain Air Mechanical Contractors | Arden | NearU Services | listed on NearU Services's website ↗ |
| Parks Heating Cooling Plumbing & Electrical | Indian Trail | Redwood Services | listed on Redwood Services's website ↗ |
| Phillips Air Care | Charlotte | Horizon Services (Strikepoint Group) | announcement ↗ |
| PlumbV | Durham | NearU Services | listed on NearU Services's website ↗ |
| Precision Plumbing | Matthews | Comfort Systems USA | announcement ↗ |
| R.A. Hoy Heating & Air Conditioning | Kitty Hawk | NearU Services | listed on NearU Services's website ↗ |
| Sandpiper Heating & Air Conditioning | Calabash | NearU Services | listed on NearU Services's website ↗ |
| Schwartz Plumbing | Raleigh | Horizon Services (Strikepoint Group) | announcement ↗ |
| Starr Electric | Greensboro | Comfort Systems USA | announcement ↗ |
| The Plumbing & Air Service Co. | Kernersville | Southern Home Services | listed on Southern Home Services's website ↗ |
| Yellow Dot Heating & Air Conditioning | Raleigh | Southern Home Services | listed on Southern Home Services's website ↗ |
Headquartered in North Carolina: NearU Services (Charlotte, NC) and Service Logic (Charlotte, NC).
| 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 North Carolina
The Census Bureau counted 3,973 plumbing, heating and air-conditioning contractors in North Carolina in 2023, ranking 7th of 50 states. 55% had fewer than five employees and 87% had fewer than 20. 169 had 50 or more.
| Employees | Establishments | Share |
|---|---|---|
| Fewer than 5 | 2,187 | 55% |
| 5 to 9 | 759 | 19% |
| 10 to 19 | 510 | 13% |
| 20 to 49 | 348 | 9% |
| 50 or more | 169 | 4% |
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 North Carolina 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 North Carolina: common questions
How much is an HVAC business in North Carolina 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 North Carolina?
Recent named deals in North Carolina include Climate Systems LLC (acquired by Service Logic, Sep 2026), Van's Electric (acquired by Leap Partners, Sep 2026) and Century Contractors (acquired by Comfort Systems USA, Jan 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 30 HVAC companies in North Carolina already owned by these platforms, including A+ Heating & Cooling - Electrical (Southern Home Services), B&J Plumbing, Heating, and Air Conditioning (Redwood Services) and Bass Air Conditioning Company (NearU Services).
How many plumbing, heating and air-conditioning contractors are there in North Carolina?
The Census Bureau's County Business Patterns counted 3,973 plumbing, heating and air-conditioning contractors in North Carolina in 2023, ranking 7th of 50 states. 55% had fewer than five employees, 87% had fewer than 20, and 169 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 North Carolina?
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 North Carolina 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.