Add-on Acquisition • Business Services

Comfort Systems Acquires Starr Electric Co.

On February 10, 2020, Comfort Systems acquired business services company Starr Electric Co.

Acquisition Context
  • This is Comfort Systems’ 4th transaction in the Business Services sector.
  • This is Comfort Systems’ 12th transaction in the United States.
  • This is Comfort Systems’ 4th transaction in North Carolina.

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M&A Deal Summary

Date February 10, 2020
Target Starr Electric Co.
Sector Business Services
Buyer(s) Comfort Systems
Deal Type Add-on Acquisition

Target Company

Starr Electric Co.

Greensboro, North Carolina, United States
Starr Electric Co., Inc. provides electrical installation services. Starr engages in a broad range of electrical contracting projects and services. Starr Electric was established in 1928 and is based in Greensboro, North Carolina.
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Buyer Overview 1

Buyer

Comfort Systems

Houston, Texas, United States

Category Company
Founded 1917
Sector Business Services
Employees15,800
Revenue 7.0B USD (2024)
DESCRIPTION
Entrance to Comfort Systems USA's corporate headquarters in Houston, Texas.
Entrance to Comfort Systems USA's corporate headquarters in Houston, Texas.

Comfort Systems is a provider of commercial HVAC, mechanical and electrical contracting to customers ranging from small businesses to Fortune 500 companies. Comfort Systems was incorporated in 1917 and is based in Houston, Texas.


Deal Context for Buyer #
Overall 12 of 21
Sector: Business Services 4 of 6
Type: Add-on Acquisition 10 of 19
State: North Carolina 4 of 4
Country: United States 12 of 21
Year: 2020 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-21 Walker TX Holding Co.

Irving, Texas, United States

Walker TX Holding Co., Inc. is a provider of commercial electrical, network, end-user, industrial and related services. Walker TX Holding Co., Inc. is based in Irving, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-03-09 TAS Energy

Houston, Texas, United States

TAS Energy, Inc. is a manufacturer of packaged cooling and energy systems for multiple end-markets, including Power Generation, Commercial & Industrial Cooling, Advanced Heat Recovery (including Geothermal), and Data Centers.

Buy -