Patrick Lange sells Southwest Texas HVAC company

A Southwest Texas heating and air conditioning business has been sold in a deal brokered by Patrick Lange of Business Modification Group. The transaction is set to keep 23 jobs in place and maintain service for about 2,500 customers across the region.

Why it matters: - The sale preserves 23 jobs at a Southwest Texas HVAC company. - The new ownership is expected to keep serving about 2,500 active customers. - The deal keeps a local service provider in operation for residential and commercial clients.

What happened: - Patrick Lange, an HVAC business broker with Business Modification Group, represented the sale of a well-established heating and air conditioning company in Southwest Texas. - The transaction gives the sellers an exit after building the business over time. - The company changes hands as the sellers move on to new pursuits.

The details: - All 23 employees are expected to continue their careers under the new ownership. - The company built its customer base through steady HVAC service and preventive maintenance agreements. - The business served both residential and commercial customers. - The company’s roughly 2,500 active customers helped create recurring revenue and support the business’s valuation. - Patrick Lange said businesses with recurring revenue are among the most attractive opportunities for buyers. - Lange also said the sellers built a business with strong value and found buyers committed to continuing that foundation. - Business Modification Group says it has nearly 50 active HVAC listings nationwide and a record of completed sales.

Between the lines: - Preventive maintenance contracts can make an HVAC business more valuable because they create predictable revenue. - A sale that keeps the workforce intact can reduce disruption for customers and preserve local continuity. - Business owners in the HVAC sector may see buyer interest as strong when a company has recurring-service income and a stable customer base.

What's next: - The new owners will take over operations and are expected to maintain service across the region. - Employees are expected to remain with the company under the new ownership. - Business Modification Group will continue marketing HVAC companies through its national listing pipeline.

The bottom line: - The deal shows how recurring revenue, loyal customers and a retained workforce can help an HVAC business attract a buyer and close smoothly.