M&A Deal Summary

Powervac Acquires TJO Heating & Cooling

On December 6, 2022, Powervac acquired consumer services company TJO Heating & Cooling

Acquisition Highlights
  • This is Powervac’s 1st transaction in the Consumer Services sector.
  • This is Powervac’s 4th transaction in the United States.
  • This is Powervac’s 4th transaction in Michigan.

M&A Deal Summary

Date 2022-12-06
Target TJO Heating & Cooling
Sector Consumer Services
Buyer(s) Powervac
Deal Type Add-on Acquisition

Target

TJO Heating & Cooling

Shelbyville, Michigan, United States
TJO Heating & Cooling is an HVAC company based in Shelbyville, Michigan.

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Buyer(S) 1

Buyer

Powervac

Novi, Michigan, United States

Category Company
Sector Business Services
DESCRIPTION

Powervac is a provider of hydro excavation, pipe inspection, jet/vac, plumbing, electrical, mechanical, and other repair and maintenance services for commercial, retail, and industrial buildings, as well as for utilities, municipalities, and construction companies. Powervac is based in Novi, Michigan.


DEAL STATS #
Overall 4 of 7
Sector: Consumer Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 4 of 7
State: Michigan M&A 4 of 6
Country: United States M&A 4 of 7
Year: 2022 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-09-21 CSB Industries

Thompsonville, Michigan, United States

CSB Industries is a provider of hydro excavation services. CSB Industries is based in Thompsonville, Michigan.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-03-31 The Precision Group

Schenectady, New York, United States

The Precision Group is a provider of hydro excavation and other services throughout the state of New York. The Precision Group is based in Schenectady, New York.

Buy -