M&A Deal Summary

Heartland Home Services Acquires A+ Derr Heating & Cooling

On March 3, 2020, Heartland Home Services acquired business services company A+ Derr Heating & Cooling

Acquisition Highlights
  • This is Heartland Home Services’ 1st transaction in the Business Services sector.
  • This is Heartland Home Services’ 1st transaction in the United States.
  • This is Heartland Home Services’ 1st transaction in Indiana.

M&A Deal Summary

Date 2020-03-03
Target A+ Derr Heating & Cooling
Sector Business Services
Buyer(s) Heartland Home Services
Deal Type Add-on Acquisition

Target

A+ Derr Heating & Cooling

Newburgh, Indiana, United States
A+ Derr Heating & Cooling is a 4th generation family operated company that has been serving the Evansville, Newburgh, Boonville, Western Kentucky, and Louisville area. Dedicated to providing the best possible solution for home or business.

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Buyer(S) 1

Buyer

Heartland Home Services

Grand Rapids, Michigan, United States

Category Company
Sector Business Services
DESCRIPTION

Heartland Home Services is a provider of non-discretionary, residential HVAC replacement and maintenance, plumbing, and electrical services. The company has over 350 employees and services homeowners in Michigan, Indiana, and Kentucky. Heartland Home Services is based in Grand Rapids, Michigan.


DEAL STATS #
Overall 1 of 6
Sector (Business Services) 1 of 6
Type (Add-on Acquisition) 1 of 6
State (Indiana) 1 of 2
Country (United States) 1 of 6
Year (2020) 1 of 4
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-06-25 First Call Plumbing

Jenison, Michigan, United States

formed in 1998, First Call Plumbing is family-owned and operated right here in Jenison, MI, and was established by a second-generation plumber and has grown to now employ a third generation.

Buy -