About The Opportunity

• Highly profitable and growing HVAC company specializing in air duct cleaning and balancing.
• Projects are 100% commercial with no residential.
• Well-trained, highly qualified staff of 19 people (13 are Union).
• Stellar reputation with strong client retention rate responsible for nearly 75% of revenue.
• Owner sold to pursue other opportunities.

Other Important Information

Testimonial

“I  was recently asked if I would refer Exit Consulting and my response was ‘Absolutely!’ You taught me what I didn’t know and brought me a great deal….during a pandemic!!! Please share my success story as one of yours.  I could not have done it without you guys.”

– April Yungen, Seller

Noteworthy Transaction Points

• Transaction closed in 6.5 months. Took to market in February and closed in August 2020 (amidst the pandemic).
• Sold for 3x average SDE.
• Sold for 100% of asking price of $2.5M.
• Acquired by an experienced private buyer who was a perfect fit for the operating level and culture of the business.
• Seller received an excellent employee package post-close.

Volume of Buyer Interest

• ECG utilized the Exio platform for marketing with a video CIM.
• Business was marketed to over 3,000 potential buyers.
• ECG corresponded with 82 buyers, of which 66 signed an NDA.
• Received three LOIs and ultimately settled on the best acquisition match for the Seller.

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