Stan's Heating and Air Conditioning Inc.

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Stan's Heating and Air Conditioning Inc. - overview

Established

1954

Location

Austin, TX, US

Primary Industry

Logistics & Distribution

About

Based in the US, Stan's Heating and Air Conditioning Inc specializes in HVAC and plumbing services, providing efficient solutions for residential properties in Austin and surrounding areas. Founded in 1954 in Austin, US, Stan's Heating and Air Conditioning Inc delivers HVAC and plumbing services to residential clients. The company's CEO, John Williams, leads operations with a focus on maintaining quality and reliability. Stan's was acquired in March 2024 by The Master Trades Group, enhancing their HVAC capabilities in the US.


The firm has completed 2 significant deals since its inception. Stan's HVAC & Plumbing specializes in providing comprehensive heating, ventilation, air conditioning (HVAC), and plumbing services primarily targeted at residential properties in Austin and its surrounding areas. Their core offerings encompass HVAC installation, repair, and maintenance, along with plumbing solutions including water heater services and drainage problem resolution. The company's Whole House Approach evaluates energy efficiency across all systems in a home, identifying improvements that can reduce energy consumption and costs for homeowners.


Established in 1954, Stan's has cultivated a robust client base of Austin Energy customers and other homeowners seeking reliable and efficient HVAC and plumbing services. Stan's HVAC & Plumbing operates on a direct-to-consumer transaction structure, generating revenue through service calls, installations, and maintenance contracts. Their business model includes a maintenance program known as the Gold Service Club, which offers members discounted rates on bi-annual tune-ups and priority scheduling. The firm also engages in financing options for larger installations, enabling customers to manage costs effectively.


While specific pricing details for individual services are not disclosed, the company is positioned to provide competitive pricing across its offerings, ensuring their services meet customer needs while remaining accessible. Revenue is supported by service fees for urgent repairs, installation costs for new HVAC units, and recurring income from maintenance programs, allowing Stan's to maintain a steady cash flow from their residential clientele. Following the acquisition on March 25, 2024, by The Master Trades Group, Stan's Heating and Air Conditioning Inc. plans to enhance its product offerings and service capabilities.


Future strategies include expanding into new geographic regions beyond Austin, aiming to serve additional markets across the US. The recent acquisition is expected to support these initiatives by providing additional resources and operational synergies that will allow for the development of new HVAC solutions.


Current Investors

Hilltop Holdings, Treaty Oak Equity

Primary Industry

Logistics & Distribution

Sub Industries

Heating, Cooling & Ventilation Equipment and Services, Logistics & Distribution

Website

www.stansac.com

Company Stage

Mature - Growth Capital

Total Amount Raised

Subscriber access only

Stan's Heating and Air Conditioning 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-on, Trade SaleCompletedStan's Heating and Air Conditioning Inc.-
GrowthCompletedStan's Heating and Air Conditioning Inc.-

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