DescriptionCompany Overview
This Tampa Bay-based commercial HVAC and mechanical services contractor provides retrofit and replacement, preventive maintenance, repair, and emergency response services for occupied commercial facilities. The Company serves a 100% commercial customer base, with established relationships among property managers, facility managers, and institutional building operators.
The Company maintains more than 20 million square feet of commercial space and has replaced over 20,000 tons of HVAC equipment. Its self-performing operating model, certified technicians, owned fleet, and in-house equipment provide control over scheduling, service quality, and project margins.
Approximately 40% of revenue comes from maintenance and service activity, creating recurring customer touchpoints that frequently lead to repair and replacement opportunities. Growth opportunities include adding technicians, expanding maintenance-contract penetration, increasing emergency-service coverage, and addressing retrofit demand associated with aging equipment and refrigerant transitions.
Key KPIs
TTM revenue: approximately $2.23 million
TTM adjusted EBITDA: approximately $473,000
Adjusted EBITDA margin: 21.2%
Gross margin: 50.9%
TTM revenue growth: 16.2% versus FY2025
Revenue mix:
Retrofit and replacement: 60.3%
Preventive maintenance: 20.1%
Service and repair: 19.5%
Customer base: 100% commercial
Commercial space serviced: more than 20 million square feet
HVAC equipment replaced: more than 20,000 tons
Workforce: 7 employees, including 6 full-time and 1 part-time
Combined field experience: more than 40 years
Fleet: 6 service vehicles and 2 trailers
Customer retention: 7 of the top 10 customers were active in each of the past three years
Top-three customer concentration: 53.5% of CY2025 revenue
Top-10 customer concentration: 87.1% of CY2025 revenue
Financial results are for the twelve months ended June 2026. Adjusted EBITDA reflects management-provided normalizations, including market-based owner compensation.