News

The HVAC and plumbing industries are experiencing robust growth, prompting many business owners to explore merger and acquisition (M&A) opportunities. Whether you are a buyer seeking to expand your market reach or a seller looking to capitalize on your hard-earned business equity, understanding the tax implications of M&A transactions is crucial.

Selling your HVAC or plumbing business represents a significant milestone, and careful preparation is crucial for maximizing your success. Here are some key steps to take:

With the Federal Reserve signaling potential interest rate cuts, the economic climate is shifting in ways that could significantly benefit owners of contracting businesses who are considering selling. Now is the ideal time to start preparing your business for sale

As a new administration takes the helm in the White House, trade contractors face a rapidly shifting mergers and acquisitions (M&A) landscape. Infrastructure investment, regulatory changes, and reshoring initiatives are likely to drive significant opportunities for those ready to capitalize. Navigating this dynamic market requires expertise

In the ever-evolving world of finance, cryptocurrency’s recent rise has sparked conversations about wealth creation and timing major life decisions—including the sale of a business. For entrepreneurs considering an exit, this could be the perfect moment to assess how market conditions, including cryptocurrency’s surge, align with their goals.

When a private equity (PE) firm contacts you directly about buying your business, it can seem like an easy path to a sale. However, navigating this process without professional guidance can lead to missed opportunities or unfavorable terms.

Selling your HVAC or plumbing business represents a significant milestone, and careful
preparation is crucial for maximizing your success. Here are some key steps to take:

Good Hope Advisors blazed a front-row seat in private equity's last 7-9 year investing
push into the contracting space (HVAC, plumbing, landscaping, roofing, paving). We
have worked on many deals that now dominate the space, as platforms and roll-up
strategies are becoming increasingly common.

Good Hope Advisors has worked with most of the HVAC platforms that dominate the space today. Take a look at an early Apex add-on from back in the day...an upstart platform and young 2nd generation owner taking a family business to the next level:

The M&A scene for HVAC and plumbing contractors in 2024 paints a picture of cautious optimism. While deal volume has moderated compared to the peak years, several factors continue to fuel M&A activity, shaping a dynamic landscape for industry participants.

Eric Seifert is the Executive Director of Business Development at Good Hope Advisors, an M&A advisor specializing in the HVAC and plumbing industries. Eric and Good Hope Advisors uses Axial to market deals to a niche audience of buyers and investors. We talked to Eric about the biggest challenges of his role, the best piece of advice he has for business owners, and what we might find him doing when he’s not at work.

So you’ve finally made the decision: You’re going to sell your business. No more breaking your back, dealing with the brutal winters and worrying about everything from personnel to accounting and more. Now is your chance to enjoy some time in the sun – or maybe take on that other challenge you’ve had your sights set on for a while.

We are thrilled to announce that GHA was recently ranked in the top 20 of Axial's lower middle market investment banks. Axial’s investment banking league tables take into account three core M&A advisory characteristics: client quality, buy-side targeting, and process effectiveness (for detailed methodology, see the end of this feature).