Plumbing, Chimney Services, & HVAC

Company with an experienced staff of 25 with customers throughout the greater Baltimore, Maryland area. The owner was looking to stay on with a new owner before transitioning into retirement. We received offers within one week of marketing the business. We negotiated the terms and accepted an offer with a strategic buyer that was a larger HVAC company in Maryland that had Private Equity backing and was growing through acquisition.  The deal closed for about 3.4X net cash flow.