Closed transaction · February 2019

Air Masters

MDR & Associates took Air Masters, an air conditioning company, through to closing in February 2019.

Air Masters logo

The transaction

  • ClosedFebruary 2019
  • SectorHome services
  • TradeHVAC
  • LocationFrisco, Texas
  • BuyerStrategic buyer
  • Engagement to closing90 days
  • Represented byMDR & Associates
  • Todayairmastersllc.com

The company today, in its own words. Quality HVAC services, from installation to repair and maintenance plans, provided to the Frisco, TX community and beyond for over 30 years.

The sale

How it ran

Air Masters, an air conditioning company in Frisco, came to us 90 days before it closed in February 2019. It was sold to a strategic buyer, found through the same confidential process every company we represent goes through: a blind profile, buyers qualified before they learn the name, and more than one at the table where the company draws them.

What that buyer examined is what any buyer of HVAC companies examines — the factors below, in that order.

Own an HVAC company?

Find out what a buyer would pay for it today. A confidential opinion of value from the firm that sold Air Masters — free, with no obligation, answered the same business day.

Get a free valuation snapshot

What decided the price

What buyers look at in an HVAC company

Maintenance agreements

The closest thing this trade has to recurring revenue. Buyers ask for the number of active agreements, the renewal rate, and what share of replacement jobs come from those customers.

Replacement against new construction

Residential service and replacement earns a higher margin and repeats. Builder and new-construction work follows the housing cycle, so buyers value it lower.

Who holds the license

A Texas HVAC company operates under an air conditioning and refrigeration contractor license issued by TDLR. If that license is yours personally, the buyer needs a licensed person in place before closing, not after.

The full list, and who the buyers are: Selling an HVAC company in Texas.

Your company

Talk to the firm that sold Air Masters

Request a confidential valuation

What brings you here?

Pick the closest — there is room to explain in a moment.

About the company

This is what lets an advisor come back with a real range instead of a call to ask. Every field here is optional.

Where do we send it?

An advisor replies the same business day. Nothing you send leaves this office.

Confidential. We never contact your employees, customers or competitors, and we do not share your details.

Thank you. Your request is with an advisor, and we reply the same business day.
Something went wrong. Please call (855) 637-2776 and we will take the details by phone.

Four fields and a reply the same business day. Nothing you send is shared with anyone, and nothing reaches your employees, customers or competitors. If you would rather talk, call (855) 637-2776.

  • A value range and what is driving it
  • An honest answer about whether now is the time to sell
  • No fee unless and until your company sells
5.0 from 43 Google reviews

Start here

Find out what your company is worth — confidentially.

No cost, no obligation, and nothing leaves this office. Four fields, and an advisor comes back to you the same business day.

Call an advisor Free valuation snapshot