Geotility
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Geotility - overview
Established
1983
Location
Kelowna, BC, Canada
Primary Industry
Heating, Cooling & Ventilation Equipment and Services
About
Geotility, based in Canada, specializes in advanced heating, cooling, and solar photovoltaic systems, offering innovative energy solutions for residential and commercial clients. Geotility, founded in 1983, operates from Kelowna, Canada, focusing on the design, engineering, and installation of energy-efficient systems. The company has completed one deal as of February 9, 2026, when ERA Partners acquired a majority stake, allowing for expansion in the Canadian and U. S.
markets. The founder’s background details are not available. Geotility specializes in the design, engineering, and installation of comprehensive heating, cooling, and solar photovoltaic (PV) systems tailored for both residential and commercial applications. Their core offerings include geothermal systems, hybrid dual-fuel systems, conventional HVAC systems, and solar PV systems, all aimed at providing energy-efficient climate control solutions.
These technologies serve to reduce operational costs and environmental impact by leveraging renewable energy sources and advanced engineering practices. Geotility's customer base spans across Canada and the United States, targeting homeowners, businesses, and public institutions seeking sustainable energy solutions. The company has established itself in the geothermal energy sector, particularly in urban centers, and is committed to delivering high-quality service through a skilled workforce. Geotility's revenue is generated through direct sales and installations of its energy-efficient systems, alongside ongoing maintenance and service contracts.
The company engages in B2B transactions with commercial clients and partnerships with residential users, providing tailored solutions to meet specific energy needs. Revenue streams include one-time installation fees for flagship products such as geothermal systems and solar PV systems, alongside recurring revenue from maintenance agreements. These structured transactions facilitate long-term relationships with clients who benefit from Geotility's commitment to energy conservation and sustainable practices. In February 2026, Geotility aims to utilize the acquisition by ERA Partners to support its strategic growth initiatives.
The company plans to expand its market presence in Canada and the U. S. and is focused on launching new products in the coming years. Specific release dates for new offerings are yet to be announced.
Current Investors
ERA Partners
Primary Industry
Heating, Cooling & Ventilation Equipment and Services
Sub Industries
Heating, Cooling & Ventilation Equipment and Services
Website
www.geotility.com/
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Geotility - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Geotility | - |
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