Richardson’s Service Experts Announces Acquisition, Now Has 98 ‘Home Comfort’ Centers in 31 States

by | Apr 7, 2024

Richardson-based Service Experts has acquired 19 local HVAC and plumbing service centers from Connecticut-based HomeServe USA Corp., an acquisition that brings its total number of local service centers to 98, serving homeowners across 31 states.

With this expansion, Service Experts said it is building on its leading position of delivering “worry-free comfort” to more homes and businesses across the nation....

Jerry Jones Family-Owned ProStar Energy Solutions Partners with N.C.-Based Crete United
by | Mar 18, 2024
Crete United said that the ProStar partnership—with a range of offerings including HVAC optimization, patented IoT- and AI-powered controls and monitoring, energy procurement, and more—is the company's latest like-minded collaboration, an important step towards its short-term revenue goal of $1 billion.
Grapevine’s Sera Systems Reports ‘Eight-Figure’ Series B Funding Round
by | May 25, 2023
Sera—a SaaS service for small-to-large size HVAC, plumbing, and other field service businesses—said it closed the oversubscribed funding round with a market cap three times the value the company had at the close of its Series A round in November 2021.
Dallas HVAC Company Gets Majority Investment from New York-Based Firm
by | Apr 11, 2023
Investcorp, a global alternative investment firm, partners with growing founder-led businesses. The investor aims to join forces with Shearer Supply to capitalize on "strong secular tailwinds" in the HVAC industry and leverage the distributor's one-stop-shop value proposition for contractors and OEMs.

Lennox International Appoints Longtime Exec as President of Residential Business

by | Nov 18, 2022

Richardson-based Lennox International Inc. announced the appointment of Gary Bedard as president of the company’s residential business segment, effective January 1.

Lennox is a leader in energy-efficient climate control solutions.

Bedard succeeds Doug Young, who is retiring following a 24-year career at Lennox. His retirement is effective June 30, 2023, to ensure a seamless transition and maintain momentum on critical business initiatives, including share gain opportunities, the company said....

Plug-and-Play Power: Fort Worth Tech Manufacturer Expands Production of Smart Electric Motors for e-Mobility
by | Jul 28, 2020
The technological advancement of these motors has "as big of an impact on minimizing global energy consumption as any major battery breakthrough could have," says Linear Labs' VP of Technology.

Four M200 motors in a four-wheeled vehicle "can provide more peak torque than a 2020 Porsche 911 Carrera S engine."