ACQUIRED · 2023
Who Acquired Eldeco, Inc.?
Comfort Systems USA · $74.0M· 8.7× EBITDA
The acquisition
Eldeco, Inc. (Southeast US) was acquired by Comfort Systems USA in 2023 for $74.0M. Electrical design and construction services company in the Southeastern United States, founded 1972. The deal was priced at 8.7× EBITDA / 0.55× revenue.
Eldeco, Inc. at time of acquisition
Revenue
$135.0M
EBITDA
$8.5M
Deal value
$74.0M
EV / EBITDA
8.7×
Other acquisitions by Comfort Systems USA
Recent transactions by the same buyer — useful for understanding their playbook and what they typically pay.
- J & S Mechanical Contractors, Inc. · 2024 · $120.0M · 8.9× EBITDA
- Summit Industrial Construction, LLC · 2024 · $360.0M · 9.6× EBITDA
- MEP Holdings (Edwards Electrical & Mechanical) · 2022 · $57.3M · 8.2× EBITDA
- Ivey Mechanical Company, LLC · 2021 · $79.1M · 9.9× EBITDA
Similar hvac acquisitions
- Champions Group · acquired by Blackstone (BXPE) in 2026 · $2.50B
- Redwood Services · acquired by Altas Partners in 2025 · $1.10B
- Consolidated Mechanical, Inc. · acquired by Limbach Holdings (NYSE: LMB) in 2024 · $23.0M
- J & S Mechanical Contractors, Inc. · acquired by Comfort Systems USA in 2024 · $120.0M
- Sila Services · acquired by Goldman Sachs Alternatives in 2024 · $1.70B
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Sourced from MarketScreener / Comfort Systems USA Press Release. Primary source. Full deal page.
Citation: ExitValue.ai. (2023). Eldeco, Inc. acquired by Comfort Systems USA. https://exitvalue.ai/acquired/eldeco-inc