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Announced

Perfect Home Services to acquireAble Heating & Cooling.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Building: Climate Control

Acquisition

Friendly

boiler installation

Private

Building Roofing/Wallboard and Plumbing

Pending

Majority

Single Bidder

Synopsis

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Perfect Home Services, a Chicagoland heating, cooling and plumbing company, agreed to acquire Able Heating & Cooling, a provider of air conditioning and outdoor wood boiler installation. Financial terms were not disclosed. "We are anticipating major growth in the next couple of years and increasing our service territory in Chicagoland. Able has a strong presence on Chicago's western border, and we look forward to providing customers in those territories the high level of service both Able and Perfect Home Services believe in," Justin Carrol, Perfect Home Services President.

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