Guy Smith Heating & Cooling

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Guy Smith Heating & Cooling - overview

Established

1968

Location

Virginia Beach, VA, US

Primary Industry

Heating, Cooling & Ventilation Equipment and Services

About

Guy Smith Heating & Cooling specializes in HVAC solutions, plumbing services, and generator installations, delivering reliable and efficient solutions for residential and commercial clients in Virginia Beach and surrounding areas. Guy Smith Heating & Cooling was founded in 1968 in Virginia Beach, US, focusing on heating, ventilation, and air conditioning solutions. The company has maintained its core business strategies without any significant pivots or changes in operations since inception. Guy Smith Heating & Cooling offers a comprehensive range of products and services centered on HVAC solutions, plumbing installations, and generator services.


The company's core offerings include the installation, maintenance, and repair of HVAC systems, ensuring optimal functionality for residential and commercial clients. Additionally, they provide plumbing services to address issues such as leaky faucets, clogged drains, and non-functioning water heaters, alongside the installation, maintenance, and repair of generators to provide backup power during outages. The company primarily serves customers in Virginia Beach, Norfolk, Chesapeake, and Portsmouth, focusing on both individual homeowners and commercial enterprises that require reliable heating and cooling solutions. Guy Smith Heating & Cooling has been operational since 1968, establishing a reputation in the Tidewater South Hampton Roads area for delivering quality service with a strong emphasis on customer satisfaction.


The revenue model for Guy Smith Heating & Cooling revolves around direct-to-consumer transactions for its HVAC, plumbing, and generator services, catering to both residential and commercial markets. Customers may engage the company for one-time services, such as emergency repairs or installations, or for ongoing maintenance contracts that facilitate recurring revenue. The pricing structure is designed to offer competitive rates, providing customers with fair pricing for high-quality service and labor. Services are billed individually, with potential offerings including service agreements that cover regular maintenance checks for HVAC systems and plumbing.


The company’s commitment to using quality materials and skilled technicians supports a pricing strategy that ensures value for clients while maintaining profitability for the company. In April 2025, Sila Services, LLC, a portfolio company of Goldman Sachs Asset Management, acquired Guy Smith Heating & Cooling. The acquisition will strengthen Sila Services, LLC's service offerings as well as its footprint in Virginia, US. Guy Smith Heating & Cooling is expected to leverage this acquisition to expand into new markets and enhance its service capabilities.


Current Investors

Sila Services, LLC

Primary Industry

Heating, Cooling & Ventilation Equipment and Services

Sub Industries

Consumer Services, Heating, Cooling & Ventilation Equipment and Services

Website

www.guysmith.net

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Guy Smith Heating & Cooling - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedGuy Smith Heating & Cooling-

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