Comfort Systems acquiring HVAC mechanical company
Comfort Systems USA Inc. announced it will buy the Shoffner Kalthoff family of companies, which includes Shoffner Kalthoff Mechanical Electrical Service Inc., Shoffner Mechanical Services Inc. and SKMES Inc.
Terms were not disclosed.
Based in Knoxville, Tennessee, Shoffner is a mechanical HVAC market contractor that works on a range of HVAC construction service and electrical projects.
Shoffner is expected to contribute yearly revenues of approximately $70 million at profitability levels that are generally comparable to those currently experienced by Comfort Systems USA operations, officials said.
“Shoffner has a long history of contracting excellence, and this partnership brings exceptional capabilities, resources and leadership, a well-established reputation for quality workmanship, and valuable customer relationship,” said Brian Lane, CEO of Comfort Systems. “Shoffner’s strong team will strengthen our market leadership and customer offerings throughout the Southeast and Mid-Atlantic markets.”