Add-on Acquisition • Business Services

Silver State Acquires Whitman

On August 12, 2025, Silver State acquired business services company Whitman

Acquisition Context
  • This is Silver State’s 3rd transaction in the Business Services sector.
  • This is Silver State’s 3rd transaction in the United States.
  • This is Silver State’s 2nd transaction in California.

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M&A Deal Summary

Date August 12, 2025
Target Whitman
Sector Business Services
Buyer(s) Silver State
Deal Type Add-on Acquisition

Target Company

Whitman

Anaheim, California, United States
Whitman delivers HVAC installation, maintenance, and replacement services to businesses throughout Los Angeles and Orange counties. Whitman was formed in 1985 and is based in Anaheim, California.
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Buyer Overview 1

Buyer

Silver State

Las Vegas, Nevada, United States

Category Company
Founded 2003
Sector Business Services
DESCRIPTION

Silver State provides aftermarket heating, ventilation, air conditioning, refrigeration and plumbing services to a large base of commercial customers across the Southwestern United States. Silver State was founded in 2003 and is based in Las Vegas, Nevada.


Deal Context for Buyer #
Overall 3 of 5
Sector: Business Services 3 of 5
Type: Add-on Acquisition 3 of 5
State: California 2 of 3
Country: United States 3 of 5
Year: 2025 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-07-01 Tri-Point

Lubbock, Texas, United States

Tri-Point specializes in the installation, maintenance, and repair of high-performance refrigeration systems for a range of industries. Tri-Point is based in Lubbock, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-09-18 Atlantic Coast Restaurant and Mechanical Services

Miami, Florida, United States

Atlantic Coast Restaurant and Mechanical Services is a provider of commercial HVAC and kitchen equipment installation and mechanical services. Atlantic Coast Restaurant and Mechanical Services was founded in 1970 and is based in Miami, Florida.

Buy -