ACQUIRED · 2024
Who Acquired Summit Industrial Construction, LLC?
Comfort Systems USA · $360.0M· 9.6× EBITDA
The acquisition
Summit Industrial Construction, LLC (Houston, TX) was acquired by Comfort Systems USA in 2024 for $360.0M. Specialty industrial mechanical contractor offering engineering, design-assist and turnkey construction services for advanced technology, power, and industrial sectors. The deal was priced at 9.6× EBITDA / 0.95× revenue.
Summit Industrial Construction, LLC at time of acquisition
Revenue
$380.0M
EBITDA
$37.5M
Deal value
$360.0M
EV / EBITDA
9.6×
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
- Eldeco, Inc. · 2023 · $74.0M · 8.7× 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
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- 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. (2024). Summit Industrial Construction, LLC acquired by Comfort Systems USA. https://exitvalue.ai/acquired/summit-industrial-construction-llc