Receive your complimentary copy of Dogs Don’t Bark At Parked Cars

Residential HVAC Business

This company had four owners of this second-generation residential HVAC business with over 10,000 service contracts.  There were a lot of issues with the financials since all profits were distributed every year.  The adjusted EBITDA was made up completely of owner add-backs, resulting in a stressful Quality of Earnings process.  Adding a significant amount of complexity were the desires of the four owners, completely unique to everyone.  We were able to achieve a double-digit multiple on the adjusted EBITDA with a cash at close that satisfied each owner and today the brand continues to excel in the market providing exceptional security and upward growth opportunities for the employees.

Are you ready to discuss your business succession options?

Creating an informative eBook on succession planning for SMBs.

Give your business a future it can afford.

Learn how to use succession planning as a strategic tool to power your business forward.

Share via
Copy link
Powered by Social Snap