โœ‰ [email protected] ๐Ÿ“ Chicago, IL
FB X IG LI

Homestead Service Partners is a trusted HVAC buyer in Chicagoland that acquires commercial HVAC service businesses to operate them for decades, not to flip them.

Home โ€บ About

Above all, we exist to protect what you built.

Homestead Service Partners is a dedicated HVAC buyer in Chicagoland, not a broker, not a fund, and not private equity. Instead, we acquire commercial HVAC service businesses to operate them for decades, because we believe in preserving legacies, protecting teams, and growing what great owners built.

Our Mission
“Above all, we exist to ensure a great commercial HVAC company continues to thrive long after an owner is ready to step back.”
โ€” Michael Mayes, Founder

Homestead Service Partners is not private equity. Instead, we are operators who understand the trades because we’ve lived them. As a result, we partner with exceptional local HVAC service companies, bringing the resources, technology, and operational support they need to thrive for decades to come.

You spent a lifetime building your business. When the time comes to step back, our job is to help protect what you created. That means a fair, transparent process, real respect for your team and brand, and a buyer who intends to keep operating the business long after the ink is dry. Every conversation is confidential, and there is never any pressure to move forward.

$20M
Last business sold for
Case Study โ†’
$46.3M
Total transactions
3โ€“7ร—
Typical HVAC multiples paid
100%
Confidential process
What Makes Us Different

Why Homestead Service Partners is a different kind of HVAC buyer.

Everything about Homestead is built around what HVAC business owners actually care about when they decide to sell.

๐Ÿ 
Owner-Operator Model
Unlike many buyers, Michael is not sitting behind a portfolio dashboard. He shows up, runs the business, and takes care of the people who built it, every single day.
๐Ÿ“
Chicagoland Focus
We are not trying to buy HVAC businesses across 30 states. Instead, we focus on Chicagoland, the market we know, the community we serve, and the contractors we respect.
โ™พ๏ธ
No Exit Timeline
PE funds typically buy to sell again in 5โ€“7 years. In contrast, Homestead has no fund, no investor clock, and no plan to flip your business. We buy to keep.

Homestead Service Partners vs. Private Equity HVAC Buyers

When you compare an independent HVAC buyer like Homestead with a private equity firm, the differences become pretty obvious. Here is a side-by-side look at what each path actually means for your business, your team, and your legacy.

Private Equity
  • Buys to flip in 5โ€“7 years
  • Rebrands your company under a platform name
  • Often cuts or restructures teams to boost margins
  • You may spend more time with associates than the real decision-maker
  • Financing contingencies can create closing risk
  • Your legacy becomes one asset inside a larger portfolio
Homestead
  • Buys to operate for decades
  • Your name stays on the trucks and uniforms
  • Your team, pay structure, and benefits stay intact
  • You deal directly with Michael, the buyer and operator
  • All-cash, no financing contingencies
  • Your legacy becomes the foundation for the next chapter of growth
Michael Mayes โ€” Homestead Service Partners HVAC buyer in Chicago
Leadership

Michael Mayes

Founder & CEO ยท Chicago, IL

Michael is a Chicago entrepreneur who built and sold a business for $20 million. Over the past 20+ years, he has worked in operations, marketing, and the trades. Today he is focused on acquiring and operating commercial HVAC service businesses in Chicagoland. Most importantly, he is not private equity. He is the person who will own your business, show up, make decisions, and help carry forward what you built.

$20M
Last exit
20+
Years experience
Forbes
Featured
From Our Blog

Learn how we think about acquisitions.

Our approach to buying HVAC businesses, from valuation to transition, is laid out in plain English by Michael.

All Articles โ†’
Start a Conversation

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

Whether you’re ready to sell or just want to understand what your commercial HVAC business is worth, Michael will give you direct, honest answers. Every conversation is confidential, with no obligation and no pressure.