M&A Deal Summary

NearU Acquires Robertson Electric

On December 21, 2021, NearU acquired business services company Robertson Electric

Acquisition Highlights
  • This is NearU’s 12th transaction in the Business Services sector.
  • This is NearU’s 12th transaction in the United States.
  • This is NearU’s 3rd transaction in Virginia.

M&A Deal Summary

Date 2021-12-21
Target Robertson Electric
Sector Business Services
Buyer(s) NearU
Deal Type Add-on Acquisition

Target

Robertson Electric

Charlottesville, Virginia, United States
Robertson Electric is a provider of an electrical, plumbing, and HVAC services to residential and light commercial customers for their home services needs. Robertson Electric was founded in 1968 and is based in Charlottesville, Virginia.

Search 215,058 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

NearU

Charlotte, North Carolina, United States

Category Company
Founded 2018
Sector Business Services
DESCRIPTION

NearU is a technology-enabled customer service platform that provides residential and light commercial HVAC services. The company is well-capitalized and seeks to grow aggressively, both organically and by acquiring or partnering with leading HVAC contractors. NearU was founded in 2018 and is based in Charlotte, North Carolina.


DEAL STATS #
Overall 12 of 14
Sector: Business Services M&A 12 of 13
Type: Add-on Acquisition M&A Deals 12 of 14
State: Virginia M&A 3 of 3
Country: United States M&A 12 of 14
Year: 2021 M&A 10 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-24 Action Air Conditioning Heating & Solar

San Marcos, California, United States

Action Air Conditioning, Heating & Solar provides HVAC and solar services to Southern California residents. Action Air consists of trained professionals, NATE-Certified technicians, and reliable live customer service members committed to providing indoor air quality to make homes more comfortable. Action Air Conditioning, Heating & Solar was founded in 1975 and is based in San Marcos, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-14 Carolina Power and Generators

Carthage, North Carolina, United States

Carolina Power and Generators provides the Sandhills region of North Carolina with generator installation and electrical services. Focused on professionalism and quality of work, Carolina Power services thousands of residential and light commercial customers for their generator and electrical needs.

Buy -