M&A Deal Summary

Sound Partners Acquires Marathon HVAC Service

On April 10, 2023, private equity firm Sound Partners acquired business services company Marathon HVAC Service

Acquisition Highlights
  • This is Sound Partners’ 3rd transaction in the Business Services sector.
  • This is Sound Partners’ 3rd transaction in the United States.
  • This is Sound Partners’ 1st transaction in California.

M&A Deal Summary

Date 2023-04-10
Target Marathon HVAC Service
Sector Business Services
Buyer(s) Sound Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

Marathon HVAC Service

Los Angeles, California, United States
Marathon HVAC Service is a residential HVAC company which offers a comprehensive range of heating, ventilation, and air conditioning solutions. Marathon HVAC Service was founded in 1990 and is based in Los Angeles, California.

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Buyer(S) 1

DESCRIPTION

Sound Partners is a private equity firm focused on partnering with founder owned and family owned companies. Sound has a particular interest in working with businesses at an inflection point where the Firm's operational expertise can help transition the business to its next stage of growth. Sound Partners was formed in 2022 and is based in Los Angeles, California.


DEAL STATS #
Overall 3 of 3
Sector: Business Services M&A 3 of 3
Type: Buyout (LBO, MBO, MBI) M&A Deals 2 of 2
State: California M&A 1 of 1
Country: United States M&A 3 of 3
Year: 2023 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-02-01 The Mechanical Group

Las Vegas, Nevada, United States

The Mechanical Group is an integrated, turnkey provider of comprehensive HVAC-R service for businesses and commercial enterprises across the Southwest. The company provides a full range of HVAC-R services, including installation, maintenance, and repair, to commercial clients in various industries, including healthcare, technology, and real estate. The Mechanical Group is based in Las Vegas, Nevada.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-06-13 Tradewinds Mechanical

Las Vegas, Nevada, United States

Tradewinds Mechanical is a commercial HVAC-R company that provides HVAC-R services to commercial clients, including installation, maintenance, and repair. Tradewinds Mechanical was founded in 2009 and is based in Las Vegas, Nevada.

Sell -