HVAC

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.
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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.
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Trive Capital Forms Tri-Trade Home Services Platform with Partners
by | Jan 2, 2023
Cascade Services was created through a partnership between Trive, LP First Capital, and an experienced management team to pursue acquisition opportunities in the residential HVAC, plumbing, and electrical services sector.

The Cascade team includes CEO Tyrone "Ty" Johnson, who previously was a Trive operating partner and chief executive officer of publicly traded Select Interior Concepts.
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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....

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