Three Reasons HVACR Companies are Selling in 2021
The demand for HVACR and other mechanical and electrical services companies has been white-hot for the past few years, but at FMI we’re seeing buyers flock to the sector at record rates in 2021. Increased demand for energy efficiency, air conditioning, and cold food storage are just some of the trends creating increased demand for companies providing these services.
The industry itself is very fragmented—there are a few large players surrounded by lots of smaller players, which attracts well-capitalized buyers looking to consolidate the market.
An HVACR company owner thinking of selling should consider this active market and whether 2021 is the right time to consider an exit or at least understand what his or her company might be worth at today’s record valuation multiples.
You may also be interested in 4 Factors Driving Value for HVACR Companies in 2021
How FMI Serves HVACR Companies
FMI Capital Advisors’ Contractor and Construction Services is a dedicated group specializing in M&A, capital formation, and ownership transition services for construction and construction-related service providers like those in the HVACR, plumbing, and other mechanical electrical system trades.
