[email protected] 📍 Chicago, IL
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Chicago, IL · Commercial HVAC Acquisitions

Sell Your Commercial HVAC Business in Chicago Without a Fire Sale.

You spent decades building your commercial HVAC company. You deserve a buyer who understands the work it took, respects your team, and is willing to pay for what you built.

If you are looking to sell your commercial HVAC business in Chicago or the greater Chicagoland area, Homestead Service Partners works directly with owners of service-driven HVAC companies. No brokers. No private equity games. Just direct conversations, confidential valuations, and a straightforward path to a real offer.

Michael Mayes
Michael Mayes
Founder · Chicago, IL
Verified Buyer · Not Private Equity
3–7×
Typical multiple range
6–12 mo
Typical close timeline
$1M–$10M+
Revenue target
Not private equity — long-term owner-operator
Your team and brand stay intact after close
No brokers — speak directly with Michael
Confidential from first call to close
Serving Chicagoland
Revenue range $1M – $10M+
Process Confidential · No obligation
Focus Commercial HVAC Service
Selling a Commercial HVAC Business

A direct buyer for commercial HVAC owners in Chicago.

Selling a commercial HVAC business is different from selling a generic small business. Buyers look closely at your service agreements, recurring maintenance revenue, technician bench strength, customer concentration, gross margins, fleet, dispatch systems, and how dependent the company is on you as the owner.

Homestead Service Partners focuses on commercial HVAC service companies in Chicago and the surrounding suburbs. We are especially interested in businesses with strong maintenance and service work, long-standing customer relationships, and a reputation worth preserving.

If you want to value your HVAC business, understand what buyers actually pay, or explore what a direct sale might look like, start with our free valuation calculator or review how our process works.

What we typically look for
  • Commercial HVAC service and maintenance companies
  • Typically $1M to $10M+ in annual revenue
  • Recurring service agreements and maintenance contracts
  • Strong field team, lead techs, or service manager in place
  • Clean books, consistent margins, and real local reputation
  • Owners who care about legacy, employees, and customers
About Michael

A local operator, not a fund.

I’m a Chicago entrepreneur who built and sold a business for $20 million. I’ve been in the trades, so I understand what it takes to run a crew, manage customers, and grow revenue in a competitive service market.

This is not private equity and it is not a fund. It is one buyer who wants to acquire a great commercial HVAC business, operate it responsibly, and protect the team and reputation you spent years building.

  • 20+ years of operational experience in the Chicago market
  • Built from the trades — from laborer to owner
  • Marketing and advertising expertise to help grow what you built
  • Hands-on operator, not a passive investor
  • Featured on Forbes and recognized as a Chicago business leader
Our Process

Simple. Transparent. No surprises.

From the first conversation to closing, you will always know exactly where things stand. Because transparency is not a talking point. It is how we operate.

1
Confidential Call
A 30-minute conversation with Michael. No pressure. No hard sell. Just an honest discussion about your business, your goals, and whether the fit is there.
Month 1
2
Valuation & LOI
Michael reviews your financials and gives you a realistic value range, then presents a clean and straightforward letter of intent if it makes sense to move forward.
Months 1–3
3
Due Diligence
We review operations, equipment, customers, service agreements, and financials. The goal is to understand the business, not play games and retrade the price.
Months 3–6
4
Close & Transition
Clean legal docs, funds wired at close, and a thoughtful transition plan to protect your employees, customers, and legacy after the deal is done.
Months 6–12
Why Homestead

Not all buyers are equal.

Private equity often optimizes for speed, consolidation, and a later flip. Homestead is built around long-term ownership, direct communication, and protecting what made your HVAC business valuable in the first place.

🏠
Your Brand Stays Intact
The name on the truck does not need to change. Your reputation is an asset, and it deserves to be preserved, not erased.
👥
Your Team Keeps Their Jobs
Good HVAC businesses are built by good people. We respect the crew you built and know how hard it is to replace skilled technicians and trusted office staff.
🤝
Deal Directly With the Buyer
No broker chain. No endless committees. You speak directly with Michael from day one, which means faster answers and fewer headaches.
📈
Proven Growth Expertise
This is not just about acquiring a business. It is about growing it with stronger operations, sharper marketing, and disciplined execution after closing.
🔒
Complete Confidentiality
Your employees, competitors, vendors, and customers do not need to know you are exploring a sale. We keep the process discreet from start to finish.
💵
Committed Capital
When we make an offer, it is intended to close. No fluff, no fake interest, and no wasting your time while someone figures out whether they can fund a deal.
Business Valuation

What is your HVAC business actually worth?

Most owners do not know, and most brokers are not eager to tell the whole truth. If you are wondering how much is my HVAC business worth, start with the factors that drive value in commercial HVAC service businesses today.

Service agreements / recurring revenue +0.6×
Business runs without owner +0.5×
10+ years in business +0.4×
No customer over 20% revenue +0.35×
3+ years revenue growth +0.3×
Licensed HVAC techs / lead mechanics +0.25×
Current Market Multiples
Chicago & Chicagoland — Commercial HVAC
Under $1M revenue 2.0× – 3.5×
$1M – $2M revenue 2.5× – 4.5×
$2M – $4M revenue 3.0× – 5.5×
$4M – $7M revenue 3.5× – 6.5×
$7M+ revenue 4.5× – 8.0×
Multiples are typically applied to EBITDA or adjusted profit. Real value depends on your contracts, management depth, customer mix, and how well the business runs without you.
Calculate My Business Value →
Take the First Step

Your business took decades to build. Let’s make sure the exit reflects that.

Whether you are ready to sell or just want to understand what your commercial HVAC business might be worth, Michael will give you honest, direct answers. Most first conversations start with one simple question: what is my company worth?

No cost · No obligation · Response within one business day