HVAC & Home Services
We know how to sell HVAC and home service companies.
HVAC, plumbing, electrical, landscaping, lawn care and pest control. We know what drives their value, from maintenance agreements to the residential and commercial mix. We are in regular contact with many of the buyers in this space, and for every sale we go find new ones.
Our latest project
An HVAC company in Wisconsin, taken to market by Vista
We know the buyers
Private equity platforms building HVAC, plumbing and electrical groups, strategic acquirers expanding into new territory, and individual buyers who want an established service business.
What drives your valuation
- Maintenance agreementsRevenue that repeats under service agreements, compared with the average for your trade.
- Residential and commercial mixHow your revenue splits between homeowners and business customers.
- SeasonalityHow steady revenue is month to month and year to year.
- MarginsYour profit margin and its trend, compared with your trade.
- Commercial contractsTerms, renewals, and whether they transfer to a new owner.
- Owner dependenceHow much of the business runs without you.
…and the factors that matter in any business: customer and vendor concentration, revenue stability and how well receivables are collected. Buyers will also ask about licenses (and who holds them), your technicians, fleet and equipment; we present those in your marketing materials.
We take the mystery out of multiples
Two businesses that look the same from the outside can sell for very different multiples. We show you:
- how your business grades on every factor buyers pay for
- what would raise (or lower) your multiple, and by how much
- a plan to get there, reviewed with you every six months
Where every sale starts
Hoping a buyer approaches you with a great offer isn't a strategy. Your Strategic Value Blueprint is.
- Know what it's worthNot a back-of-the-napkin number. We rebuild your financials, normalize them the way a buyer will, and score every factor that moves your multiple.
- See what moves itWe walk you through your fair market value and show how changes in your business would raise or lower the price.
- Build the strategySell next month or in five years. We review the plan with you every six months and revalue the business every year, or sooner if you need it.
How we sell a business
A single interested buyer isn't a sale. Working with hundreds of buyers at the same time takes a solid process, so every sale follows the same six steps.
- Valuation and planA detailed valuation of what your business is worth and why, and a plan built around your timeline.
- A dedicated buyer searchWe personally reach hundreds of qualified buyers for every business we take to market. We don't post a listing and hope.
- Round one: offers at the same timeBuyers submit offers by a set deadline. You compare them side by side in your owner portal and pick the strongest five to ten.
- You meet the finalistsYou meet and interview each of the five to ten buyers you moved forward before they go on to round two. Meanwhile they review detailed financials and get their questions answered.
- Round two: leverageFinalists submit letters of intent by a second deadline, and we negotiate until one wins.
- CloseAfter the letter of intent is signed, we guide the transaction through due diligence and the purchase agreement, and keep it on track to closing.
About six months from signing our engagement agreement to closing, for most sales. We never put an asking price on your business. Buyers compete, and the competition sets the number.
The Vista process
Why it works
- It starts with detail. Our valuation takes work. We request a lot of documents, ask a lot of questions and verify the answers. You get an accurate picture of what your business is worth and what's driving that value. When you sell, buyers won't find anything we haven't already found and disclosed. No surprises, no stress, a smooth closing.
- It brings the market to you. Every offer arrives on the same deadline, an average of 46 first-round offers per business. Not one offer every few days, each with a different deadline. We set the deadlines and run the process. You decide who to sell to.
- Competition sets the price. Buyers make their offers knowing they're competing with other buyers for your business. We never put an asking price on it.
- The leverage is yours. Sell on your own and you're usually negotiating with one buyer and one offer, so the buyer holds the leverage. With us you have many offers at the same time, so you hold it. You keep it through the final round: your finalists submit letters of intent by a second deadline, and every one of them knows you have other options.
- You choose the buyer. No lying awake wondering whether the one offer in hand is a good one. You'll see every offer side by side, move the best five to ten forward, meet them by video and interview them for fit (personality, philosophy, plans for your people) before you pick. You're not selling to just anyone.
- It closes. Buyers review the detailed financials before they submit a letter of intent, so there's no "we didn't know" renegotiation in due diligence.
Will people find out I'm selling?
- Buyers see a blind summary first. No name, no location detail that gives you away.
- Your name comes only after a signed confidentiality agreement.
What owners say
“I can't believe I haven't said thank you yet, but thank you. I really appreciate all the help you gave during this entire process. Having your advice was immensely helpful and helped reduce my stress level from a ten to at least, what, an eight? Seriously, knowing you'd been through it many many times helped me realize it would get done.”
“Vista Business Group is truly a hands-on business. They always have your best interests at heart. Even thru difficult situations, they are positive and extremely helpful to the final resolution. Thank you Mark and team!”
Businesses we've sold: HVAC & Home Services
Electrical service contractor providing electrical work for existing residential and commercial properties. They also provide solar and battery installation services, with most work being done throughout the Phoenix, AZ Metropolitan area.
HVAChas been acquired bya strategic buyerVista represented the sellerA company providing heating and cooling services to residential and commercial customers.
Electrical ContractorsKansashas been acquired bya strategic buyerVista represented the sellerThe company specializes in residential, commercial and rural electrical services.