N.E.T.R., Inc.

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N.E.T.R., Inc. - overview

Established

1989

Location

North Andover, MA, US

Primary Industry

Heating, Cooling & Ventilation Equipment and Services

About

N. E. T. R.


, Inc. is a US-based provider of advanced HVAC solutions, specializing in ductless heating and cooling systems. The company offers installation, maintenance, and repair services for residential and commercial clients, enhancing indoor climate control effectively. N.


E. T. R. , Inc.


was founded in 1989 and is headquartered in North Andover, US. The company specializes in HVAC solutions, focusing on ductless systems. Mike Cappuccio is the founder of the firm. In May 2021, N.


E. T. R. , Inc.


was acquired by Sila Heating & Air Conditioning, although specific financial terms were not disclosed. N. E. T.


R. , Inc. specializes in providing advanced HVAC solutions, focusing primarily on ductless heating and cooling systems. Their core offerings include the installation, maintenance, and repair of both residential and commercial HVAC systems, featuring products from Mitsubishi Electric designed for enhanced indoor climate control.


The company serves a diverse client base, including homeowners, condo associations, and commercial establishments throughout New England, particularly in the Boston area. Their services improve energy efficiency and indoor air quality while ensuring comfortable living and working environments. The company's portfolio also includes traditional heating and cooling options, commercial refrigeration, and electrical upgrades, providing a comprehensive approach to temperature control and energy management. N.


E. T. R. , Inc.


generates revenue through direct consumer sales and B2B partnerships, focusing primarily on installation services and ongoing maintenance contracts. The company structures its transactions around HVAC system installations, often exceeding USD 10,000 in value. They incentivize customer referrals with a promotional gift card program for both the referrer and the referred, and offer regular maintenance plans to ensure optimal system performance, fostering long-term customer relationships. While specific pricing details for services are not disclosed, the emphasis on high-quality installations and comprehensive service packages positions the company competitively within the HVAC market.


Following its acquisition by Sila Heating & Air Conditioning in May 2021, N. E. T. R.


, Inc. aims to expand its footprint and customer base throughout the Northeast. The acquisition supports their strategy of continued growth as a leader in residential heating, air conditioning, plumbing, and electrical services. Plans for future growth include enhancing their service offerings and exploring new market opportunities, although specific products or geographic regions targeted for expansion have not been detailed.


Current Investors

Sila Services, LLC

Primary Industry

Heating, Cooling & Ventilation Equipment and Services

Sub Industries

Facilities & Maintenance Services, Consulting Services, Heating, Cooling & Ventilation Equipment and Services

Website

www.netrinc.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

N.E.T.R., Inc. - 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-onCompletedN.E.T.R., Inc.-

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