Sell My HVAC Business
HVAC is the most-consolidated home-services category in America — and the most competitive Main Street exit market by a wide margin.
Whether you sell for the top of the range or the bottom is decided months before you go to market. Since roughly 2018, private-equity-backed platforms have been building regional HVAC roll-ups aggressively. Wrench Group, Apex Service Partners, Sila Services, Ned Stevens, and Redwood Services are among the platforms most active in the sub-$5M-revenue Main Street segment. Multiples for well-run HVAC businesses with a maintenance-contract book have moved meaningfully higher — 6–8x EBITDA is common for anything above $1M in EBITDA with recurring revenue over 40%.
What's your hvac business worth?
Real Main Street benchmarks. Numbers update as you type — no signup, no wait.
Profit + owner comp + owner add-backs
% of annual revenue from signed maintenance-plan customers. The single biggest multiple lever in HVAC.
Live valuation
HVAC owner-value estimator
The valuation drivers below are the numbers a hvac buyer actually asks about first. Every input is benchmarked against real Main Street peers — see where you land and how each KPI moves your multiple.
What’s your hvac business worth?
Enter the numbers that actually drive hvac valuations. We benchmark each against real Main Street peers and show you where you land.
Prep priorities
Move the multiple before you go to market
A hvac business that shows up well-prepped trades at a materially different price than an unprepped one. These four moves matter most.
Book maintenance agreements — every recurring dollar is worth 3-4x in enterprise value.
Hire or promote a service manager so the business isn't owner-dependent.
Convert cash-basis books to accrual and get a CPA-reviewed statement for the trailing 3 years.
Document your tech-hiring pipeline — buyer worry #1 is 'can I keep this business staffed?'
Who buys
Active hvac buyers right now
Named PE platforms, franchisors, and strategic consolidators with active buying programs in hvac. Every listing is drawn from public disclosures and refreshed as deals close.
Wrench Group
PE platformBacked by Leonard Green + Investcorp. Actively acquiring residential HVAC platforms above $1M EBITDA.
Apex Service Partners
PE platformAlpine-backed multi-service platform. Buys HVAC, plumbing, electrical in the same metro.
Sila Services
PE platformBacked by Morgan Stanley Capital Partners. Selective on premium residential platforms.
Redwood Services
PE platformTSG Consumer Partners platform. Multi-trade acquirer with a training academy.
Southern Home Services
PE platformKian Capital-backed. Aggressive in FL, GA, NC, SC.
Ned Stevens
ConsolidatorHome-services multi-brand consolidator. Smaller tuck-in acquisitions.
Service Champions Heating & Air
StrategicRegional strategic buyer. Acquires larger neighborhood platforms.
One Hour Heating & Air
FranchisorFranchise system (Authority Brands / Apax). Acquires independents to convert to franchise.
Path Light Pro
PE platformNewer PE-backed platform focused on residential HVAC + plumbing bundling.
Timing intel
Buyers prefer to close ahead of cooling season (Apr-May) so they own the peak-revenue quarter. Q4 close volume is soft because buyers wait to see full-year numbers.
Specialists
HVAC sell-side specialists
Every broker has closed hvac transactions in the last 24 months.
Shared specialties in this pool
Free · private · takes 3 minutes · no spam.
People also ask
Common hvac exit questions
What recurring-revenue percentage do hvac buyers pay a premium for?
Top-quartile hvac businesses run 40%+ recurring revenue (P90 is 60%). Move from the P50 (22%) to the P90 and you typically add roughly 2.0x to the multiple.Who are the most active buyers for hvac businesses right now?
Named acquirers with active buying programs include Wrench Group, Apex Service Partners, Sila Services, Redwood Services, Southern Home Services. Wrench Group focuses on nationwide — Backed by Leonard Green + Investcorp. Actively acquiring residential HVAC platforms above $1M EBITDA.When is the best month to close a hvac sale?
Buyers prefer to close ahead of cooling season (Apr-May) so they own the peak-revenue quarter. Q4 close volume is soft because buyers wait to see full-year numbers. Peak close months: April, May, September, October. Softest: December, January.How long does it typically take to sell a hvac business?
Well-prepped Main Street hvac businesses close in 6–9 months from listing. Add 3–6 months up front for financial prep and add-back documentation if books are cash-basis or informally kept.Do I pay anything to be matched to a hvac broker?
The match is free. Brokers on the platform work success-fee-only — a percentage of the transaction, paid at close. You pay nothing until your business sells.What size hvac businesses do the matched brokers work with?
Every broker on the platform specializes in Main Street sales — typically businesses with under $5M in annual revenue. If you're above that range we'll flag it and route you to the right lower-middle-market advisor.
Related industries
Adjacent verticals we cover
Same category, different deal dynamics — every page has its own live valuation tool and buyer intel.
By state
Sell your hvac business in your state
Each state has its own tax, licensing, and buyer-network dynamics. Jump to your state for specifics.
Frequently asked
HVAC sale FAQ
How is my HVAC business valued?
How long does it take to sell an HVAC business?
What drives higher multiples for HVAC businesses?
Should I sell to a private equity platform or a self-funded searcher?
Ready to prep or go?
Match with a hvac broker who knows Wrench Group — and every other active buyer.
We match you to specialists with named-buyer relationships across the 9 active hvac acquirers we track — including Wrench Group, Apex Service Partners, Sila Services. Free, private, 3-minute intake.