Norfolk Air Heating, Cooling, Plumbing & Electrical

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Norfolk Air Heating, Cooling, Plumbing & Electrical - overview

Established

2006

Location

Norfolk, VA, US

Primary Industry

Heating, Cooling & Ventilation Equipment and Services

About

Norfolk Air is a service-oriented company that specializes in heating, cooling, plumbing, and electrical solutions for both residential and commercial clients, ensuring optimal comfort and operational efficiency. Founded in 2006 in Norfolk, Virginia, Norfolk Air Heating, Cooling, Plumbing & Electrical provides essential HVAC and plumbing services. The company was recently acquired by Sila Services, LLC, a portfolio company of Goldman Sachs Asset Management, enhancing its operational capacity and market presence. The founder's history is not publicly documented, and there are no mentions of previous companies founded by them.


Norfolk Air Heating, Cooling, Plumbing, and Electrical offers a comprehensive range of essential services primarily focused on HVAC, plumbing, and electrical installations and repairs. Their core product offerings include residential and commercial heating systems, air conditioning units, plumbing solutions such as water heater installation and repair, and various electrical services, including rewiring and generator installation. These products are designed to address critical home and business operational needs, ensuring comfort, safety, and efficiency for their customers. The company primarily serves homeowners and businesses within the Norfolk, Virginia Beach, and Chesapeake areas, extending its reach into the wider Hampton Roads region.


By providing 24/7 emergency services, Norfolk Air aims to meet urgent customer needs while also offering preventative maintenance solutions to enhance the longevity and performance of their systems. Norfolk Air generates revenue through direct transactions with customers, engaging in both B2B and B2C relationships. The transaction structure is primarily rooted in service agreements and direct service calls, where clients request specific repairs or installations. Customers can access a variety of service plans, including their Blue Ribbon Protection Plan, which encompasses regular maintenance and emergency service options.


Pricing structures for these services are designed to provide value while ensuring comprehensive coverage for both heating and cooling systems, plumbing installations, and electrical repairs. The company’s flagship services, such as HVAC installations and plumbing emergency responses, contribute significantly to its revenue stream by addressing both immediate and long-term customer needs across the targeted geographic markets. In April 2025, Sila Services, LLC acquired Norfolk Air Heating, Cooling, Plumbing & Electrical, which will strengthen their service offerings and footprint in Virginia, US. Future growth plans include designing and launching new HVAC and plumbing products, although specific release dates are not provided.


Norfolk Air is looking to expand into additional markets within the Hampton Roads area and potentially beyond, with plans set for implementation following the acquisition.


Current Investors

Sila Services, LLC

Primary Industry

Heating, Cooling & Ventilation Equipment and Services

Sub Industries

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

Website

www.norfolkair-hvac.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Norfolk Air Heating, Cooling, Plumbing & Electrical - 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-onCompletedNorfolk Air Heating, Cooling, Plumbing & Electrical-

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