Benchmark International successfully facilitated the transaction between Airflow Service Company and ConnectM
Airflow Service Company, founded in 2003, is a full-service heating and cooling contractor specializing in installations, repairs, maintenance and replacement of all heating and air conditioning systems, gas fireplaces, water heaters and standby generators. With over 60 years of combined experience, they serve the residential and commercial markets of Northern Virginia.
ConnectM brings efficiency, insight and remote control to mechanical equipment operations using its powerful Remote Performance Management (RPM) platform. Their mission is to reduce pollutants by digitizing electromechanical assets in the residential, commercial and transportation sectors.
Benchmark International has an extensive network of buyers serving the HVAC community in various end markets. Benchmark International facilitated conversations between the parties so that Airflow Service Company could hear an assortment of strategies and pathways to retirement. Benchmark International worked with Airflow Service Company until the ideal buyer and strategy were identified and a deal was struck.
“We are delighted to see Airflow Service Company find a buyer who achieves their goals. Our client has been great working with them through the process, and we hope only the best for them in the future. ConnectM was able to to act quickly and present an offer that met our client’s objectives. This transaction will provide ConnectM with the opportunity for future growth and expansion and will give our client a line of sight to retirement. -Nick Woodyard, senior partner.
Americas: Sam Smoot at +1 (813) 898 2350 / [email protected]
Europe: Michael Lawrie on +44 (0) 161 359 4400 / [email protected]
Africa: Anthony McCardle at +27 21 300 2055 / [email protected]
About Benchmark International
Benchmark International is a global mergers and acquisitions firm that provides business owners with creative and value-maximizing solutions for the growth and exit of their businesses. Benchmark International has managed over $8.25 billion in transaction value across various industries from offices around the world. With decades of M&A experience, Benchmark International’s transaction teams have helped business owners achieve their goals and ensure the continued growth of their businesses. The firm was also named Investment Banking Firm of the Year by The M&A Advisor and the world’s No. 1 sell-side M&A advisor by Pitchbook’s Global League Tables.