Sila Services adds Davis Heating and Air Conditioning Company
The add-on brings a residential HVAC, plumbing, and electrical services provider in Western Virginia to the platform, with transaction terms undisclosed in the announcement.
Takeaways
- Davis Heating and Air Conditioning is a provider of residential HVAC, plumbing, and electrical maintenance and repair services.
- Sila Services is acquiring Davis Heating and Air Conditioning with backing from Goldman Sachs Asset Management.
- The target serves Residential homeowners across Western Virginia, US.
Sila Services, a home services platform backed by Goldman Sachs Asset Management and operating over 45 brands, acquired Davis Heating and Air Conditioning Company, a residential HVAC, plumbing, and electrical services provider in Western Virginia.
The acquisition extends Sila's reach into the Roanoke, Lynchburg, and Danville markets and adds a company founded in 1947 with a loyal customer base.
The deal continues Sila's strategy of partnering with established local brands.
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