A+ Derr Heating & Cooling
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A+ Derr Heating & Cooling - overview
Established
1970
Location
-, IN, US
Primary Industry
Heating, Cooling & Ventilation Equipment and Services
About
A+ Derr Heating & Cooling is a specialized provider of HVAC solutions, offering installation, repair, and maintenance services for various heating and cooling systems, emphasizing indoor air quality improvements for residential and commercial clients. A+ Derr Heating & Cooling was founded in 1970 in the US, focusing on providing HVAC services. The firm was acquired in January 2020 by Heartland Home Services, a portfolio company of North Branch Capital and others. Specific global office locations are not disclosed, and no references to subsidiaries or parent companies are available.
The founder's information is not provided in the available data. A+ Derr Heating & Cooling specializes in heating, ventilation, and air conditioning (HVAC) solutions, offering a comprehensive range of services including installation, repair, and maintenance of various heating and cooling systems. The company provides services for traditional air conditioning units, heat pumps, ductless mini-splits, and geothermal systems, catering to both residential and commercial clients. Additionally, A+ Derr emphasizes indoor air quality improvements through solutions such as duct cleaning and the installation of air purification systems.
The firm is particularly noted for its partnership as a Lennox Premier Dealer, allowing it to sell and service a variety of HVAC products from leading manufacturers. A+ Derr primarily serves customers in the Kentuckiana region, covering cities such as Louisville, KY, and Evansville, IN, as well as surrounding areas, addressing the needs of homeowners and businesses requiring reliable climate control solutions. A+ Derr Heating & Cooling generates revenue through direct transactions with consumers and businesses for HVAC services and products. The company's transaction structure typically involves one-time service fees for installations and repairs, along with ongoing maintenance contracts that ensure the efficient operation of heating and cooling systems over time.
This model allows for steady revenue from both new installations and recurring service visits. The pricing plans are designed to be competitive, reflecting the quality of service provided to customers. A+ Derr's offerings include flagship services such as emergency HVAC repairs, which are crucial for customer retention and satisfaction, particularly during peak usage seasons. The firm also engages in promotional activities, including contests that enhance customer engagement and brand loyalty.
In January 2020, A+ Derr Heating & Cooling was acquired by Heartland Home Services, indicating a strategic pivot to enhance its operational capabilities. The firm is expected to utilize the support from the acquisition to explore new product offerings and expand its market presence in the Kentuckiana region. Specific upcoming products or services have not been disclosed. The latest acquisition will likely help A+ Derr to enhance its service offerings and customer reach in the coming years.
Current Investors
Heartland Home Services, Inc.
Primary Industry
Heating, Cooling & Ventilation Equipment and Services
Sub Industries
Security Services, Heating, Cooling & Ventilation Equipment and Services
Website
www.aplusderr.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
A+ Derr Heating & Cooling - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | A+ Derr Heating & Cooling | - |
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