M&A Deal Summary

Granite Comfort Acquires Green Air Care

On June 3, 2021, Granite Comfort acquired business services company Green Air Care

Acquisition Highlights
  • This is Granite Comfort’s 2nd transaction in the Business Services sector.
  • This is Granite Comfort’s 2nd transaction in the United States.
  • This is Granite Comfort’s 1st transaction in Illinois.

M&A Deal Summary

Date 2021-06-03
Target Green Air Care
Sector Business Services
Buyer(s) Granite Comfort
Deal Type Add-on Acquisition

Target

Green Air Care

Buffalo Grove, Illinois, United States
Green Air Care is a residential HVAC company serving the Chicagoland metropolitan area. The compoany is a professional heating, cooling, and air duct cleaning company specializing in the installation and maintenance of air conditioners, furnaces, indoor air quality systems, and residential and commercial air duct cleaning. Green Air Care was founded over a decade ago by Larry Kichatay and Erik Babayev in Buffalo Grove, Illinois, and has been locally owned and operated.

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Buyer(S) 1

Buyer

Granite Comfort

New York, New York, United States

Category Company
Founded 2018
Sector Business Services
DESCRIPTION

Granite Comfort is a residential HVAC and plumbing platform company that invests in and partners with leading residential HVAC companies in the United States. Granite Comfort was founded in 2018 and is based in New York, New York.


DEAL STATS #
Overall 2 of 2
Sector: Business Services M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
State: Illinois M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2021 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-12 Signature HVACR

United States

Signature HVACR is a residential HVAC company that serves the Philadelphia metropolitan area.

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