Service Logic.

Service Logic

Service Logic

Service Logic is the largest independent provider of aftermarket maintenance, repair and replacement services for commercial heating, ventilation and air conditioning (“HVAC”) equipment in the United States.  The company delivers its solutions to a diverse customer base of over 8,000 commercial, industrial and institutional clients on a self-perform basis through 34 locations across 25 states.

Investment Thesis

Double the overall size of the business through organic growth, tuck in and beachhead acquisitions.  Increase market share in all of its local markets by winning new customers at above historical growth rates through an improved, focused selling process.  The HVAC industry is highly fragmented and Service Logic is highly selective in executing its acquisition strategy.  Improve margins and cash flow through business process optimization and operating leverage.

Related News

07/31/2017
Warburg Pincus Announces Acquisition of Service Logic from Sterling Investment Partners
09/30/2016
Sterling Investment Partners' Portfolio Company Service Logic Acquires Three More HVAC Providers
07/19/2016
Service Logic Completes $206 Million Debt Financing
08/31/2015
Sterling Investment Partners' Portfolio Company Service Logic Acquires a Midwest HVAC Provider
05/31/2015
Sterling Investment Partners' Portfolio Company Service Logic Acquires Two Additional HVAC Providers
11/30/2014
Sterling Investment Partners' Portfolio Company Service Logic Acquires Airtight Mechanical, Inc.
06/30/2014
Sterling Investment Partners' Portfolio Company Service Logic Acquires Commercial Mechanical Systems
07/31/2013
Sterling Investment Partners' Portfolio Company Service Logic Acquires Delta Controls Chicago, Inc.
10/16/2012
Sterling Investment Partners Acquires Service Logic