M&A Deal Summary

Sila Services Acquires Absolute Air Services

On April 25, 2023, Sila Services acquired business services company Absolute Air Services

Acquisition Highlights
  • This is Sila Services’ 16th transaction in the Business Services sector.
  • This is Sila Services’ 16th transaction in the United States.
  • This is Sila Services’ 1st transaction in Connecticut.

M&A Deal Summary

Date 2023-04-25
Target Absolute Air Services
Sector Business Services
Buyer(s) Sila Services
Deal Type Add-on Acquisition

Target

Absolute Air Services

Portland, Connecticut, United States
Absolute Air Services is a provider of heating and cooling system installation, repair, and maintenance services to homeowners across Hartford, Middlesex, and New London Counties. Absolute Air Services was founded in 2010 and is based in Portland, Connecticut.

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Buyer(S) 1

Buyer

Sila Services

King of Prussia, Pennsylvania, United States

Category Company
Founded 1989
Sector Business Services
DESCRIPTION

Sila Services is a provider of residential HVAC, plumbing, indoor air quality, and home automation systems. Sila Heating & Air Conditioning was founded in 1989 and is based in King of Prussia, Pennsylvania.


DEAL STATS #
Overall 16 of 31
Sector (Business Services) 16 of 30
Type (Add-on Acquisition) 16 of 31
State (Connecticut) 1 of 2
Country (United States) 16 of 31
Year (2023) 3 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-04-11 Jackson Comfort Services

Northfield, Ohio, United States

Jackson Comfort Services is a resource for home and business owners, that continuously offers outstanding heating, cooling, and plumbing service with a personal touch. Jackson Comfort Services is based in Northfield, Ohio.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-05-22 Park Ridge Unique Indoor Comfort

Northbrook, Illinois, United States

Park Ridge Unique Indoor Comfort provides HVAC company specializing in heating and cooling installation and repairs. Park Ridge Unique Indoor Comfort was founded in 1967 and is based in Northbrook, Illinois.

Buy -