HVAC Business in Texas

searcher profile

March 10, 2023

by a searcher from Rice University - Jesse H. Jones Graduate School of Business in Houston, TX, USA

  1. I am looking for HVAC businesses in Major Texas Markets - Primarily Houston, Secondarily, Austin. $4-6M in Total value to max out the SBA financing. I have a partner with an HVAC license. Anyone have an idea of who I should be reaching out to?


    2) I met a alumni of my University and they said they have a off market deal and good relationship with the seller (the two partners are older and looking to exit) - he proposed bringing the deal to me and my partner but he wants 40% of the business and will provide that amount of equity as well. That seems too rich and curious on how I could potentially approach this offer and find a better structure.
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commentor profile
Reply by a professional
from Villanova University in West Chester, PA, USA
Hi ^redacted‌, for your second question, there are a number of ways you can structure it to find something that works for both of you. It would depend on your funding needs, goals, and exit strategy, among other things. Possible solutions may include providing a success fee, offering less stake in the business and equity, offering a note for debt instead of equity, etc. I have a resource with a number of different options for structuring fundraising if that is part of the involvement you would like to have. If you'd like to DM me your email, I can send it over to you. If you need help on the legal side to discuss structure and handle drafting, I'd be happy to help.
commentor profile
Reply by an intermediary
from Vanderbilt University in Short Hills, Millburn, NJ, USA
I am a sell-side that does only HVAC, plumbing and electrical deals. We have 3-8 deals a months coming to market. Send me an email and I will out you on our list redacted
commentor profile
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