The deal values the company at about $1.7 billion, or ~17x its 12-month EBITDA of just under $100 million, according to a few people familiar with the matter
Q&As, dispatching, private equity, and more
Post Close is a monthly series anonymously highlighting the thoughts of HVAC contractors who have sold their businesses to a private-equity-backed platform
A couple weeks ago, I chatted with Will Schryver, a former investment banker currently putting together his own residential HVAC platform, about all things M&A-land
The company expects to cross $100 million in revenue this year and plans to use the capital to fund future acquisitions
At ServiceTitan's Pantheon event early this month, the execs joined ServiceTitan's Chief Revenue Officer for a panel discussion
Recent investment activity from around the industry
Welcome to Post Close, a monthly series anonymously highlighting the thoughts of HVAC contractors who have sold their businesses to a private-equity-backed platform
A roundup of our five most-read stories from September
ServiceTitan hosted its annual Pantheon event in Orlando this week
The potential sales price implies a roughly 15x multiple of the company's near-$100 million EBITDA, according to Reuters
