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Last updated: May 4, 2026, 11:30 AM ET

Home Services & Industrials M&A Activity

The essential services sector remains active, with Audax advancing bidders into the second round for its commercial HVAC company, Nextech, which sources indicate is attracting interest at a valuation around 15x EBITDA, suggesting a potential $1.5bn sale price. This follows a transaction where SE Capital divested its HVAC and plumbing firm,