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Service Logic completes acquisition of HVAC, Incorporated to strengthen its presence in the West Coast market

Dec 09, 2024about 1 year ago

Acquiring Company

Service Logic

Acquired Company

HVAC Incorporated

CharlotteOregon

Description

ACT Capital Advisors is pleased to announce the successful acquisition of HVAC, Incorporated by Service Logic. Founded in 1986, HVAC, Inc. is a fully integrated commercial HVAC solutions provider based in Milwaukie, Oregon, serving the West Coast market for nearly four decades. This acquisition will enhance Service Logic's portfolio and strengthen its position in the West Coast market.

Company Information

Company

Service Logic

Location

Charlotte, North Carolina, United States

About

Service Logic is a company that has experienced significant growth, reaching over $2.2 billion in revenue by 2024. It follows a decentralized business model with nimble, entrepreneurial-driven leaders driving local operations.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed