Mid-South Equipment Sales & Services LLC
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Mid-South Equipment Sales & Services LLC - overview
Established
1969
Location
Harahan, LA, US
Primary Industry
Business Support Services
About
Mid-South Equipment is a provider of HVAC solutions, specializing in advanced equipment and services that cater to the heating, ventilation, and air conditioning needs of various commercial clients across the Gulf South region. Mid-South Equipment Sales & Services LLC offers specialized HVAC solutions and services. Founded in 1969, the company is headquartered in Harahan, US. It was acquired by EEC Acquisition LLC, a portfolio company of Audax Group, in February 2019.
The founder's specific history and prior ventures are not detailed in available information. Mid-South Equipment specializes in HVAC solutions, offering a range of products and services tailored to meet diverse heating, ventilation, and air conditioning needs. Their core offerings include advanced HVAC systems, particularly Daikin Air Intelligence products, recognized for energy efficiency and innovative technology. The company's clientele includes commercial building owners, HVAC professionals, and contractors throughout the Gulf South region, including notable cities such as New Orleans, Lafayette, and Baton Rouge.
Mid-South Equipment emphasizes customer education via factory training visits and hands-on experience at their training center, equipping clients with knowledge about their HVAC systems. Mid-South Equipment generates revenue primarily through direct sales of HVAC equipment and related services to businesses and contractors in the HVAC sector. Their transactions involve business-to-business interactions where clients procure HVAC systems, complemented by ongoing support and training. Revenue is further bolstered by partnerships with manufacturers like Daikin, which provide specialized training programs.
While explicit pricing details are not available, the company assures customized solutions aimed at the specific HVAC needs of each client, fostering long-term relationships that contribute to the stability of their revenue streams. Future growth plans for Mid-South Equipment involve enhancing their product offerings and expanding into new markets. The company is expected to focus on the development of new HVAC products, although specific launch dates have not been disclosed. Additionally, they plan to broaden their geographic reach beyond current markets.
The acquisition by EEC Acquisition LLC in February 2019 will support these initiatives, providing the necessary resources for product expansion and market penetration.
Current Investors
Smart Care Equipment Solutions
Primary Industry
Business Support Services
Sub Industries
Business Support Services, Consumer Services
Website
www.mid-southequipment.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Mid-South Equipment Sales & Services LLC - 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 | Mid-South Equipment Sales & Services LLC | - |
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