M&A Deal Summary

Silver State Acquires Westaire

On April 3, 2025, Silver State acquired business services company Westaire

Acquisition Highlights
  • This is Silver State’s 1st transaction in the Business Services sector.
  • This is Silver State’s 1st transaction in the United States.
  • This is Silver State’s 1st transaction in California.

M&A Deal Summary

Date 2025-04-03
Target Westaire
Sector Business Services
Buyer(s) Silver State
Deal Type Add-on Acquisition

Target

Westaire

Ventura, California, United States
Westaire specializes in commercial heating and cooling services, including preventative maintenance, repairs, new equipment installation, and 24/7 emergency service. Westaire was founded in 1980 and is based in Ventura, California.

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Buyer(S) 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 STATS #
Overall 1 of 1
Sector (Business Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2025) 1 of 1