Service Star Brands, a Dallas-based home service company, is pleased to announce the acquisition of Sherrell Air Conditioning & Heating, an HVAC service company based in the Dallas Metroplex. Founded in 1996, Sherrell Air Conditioning and Heating continues to be one of the fastest-growing HVAC companies with locations in both DFW and Houston. Specializing in residential, commercial, and industrial HVAC maintenance, repair, and installations.

The acquisition took place in May 2022, and brings a stellar team, a stable and growing revenue stream, and a strong brand with 4.8 stars on Google to Service Star Brands. The acquisition also expands Service Star’s geographic reach, with the addition of Sherrell’s Houston operation.

According to the Executive Chairman of Service Star, Niklas James: “I had heard fantastic things about Sherrell both in the industry and from my own colleagues. I started reaching out to Steve 9 or 10 months ago, and then the conversation became more serious half a year later. With this acquisition, we are onboarding a stellar team, a stable and growing revenue stream, and a strong brand with 4.8 stars on Google.”

Steve Sherrell, founder of Sherrell Air Conditioning, said: “This is a huge milestone both for my business and for me. Only 4 or 5 months ago I wasn’t really thinking about selling, but once I started talking to Service Star it just felt right from the beginning. I’m at a stage where it was time to plan my retirement, and this solution gave me a good and fair valuation, a continued interest in my business, and an exciting setup for my son, Steven, who manages our Houston location.”

Sherrell added: “This has been a fun and smooth process. I was clear about what I needed and they were clear about what they could do. The frequent and transparent communication helped form a win-win structure. The most important thing, however, is that Service Star will take great care of my team members and customers. I will stay and help with the transition over the next few months, and I am confident that my company is in good hands when I retire.”

Niklas James also commented: “Due to the success and organic growth that we’ve had in North Texas, geographic expansion to other regions has been on our agenda for several years. So one of the most exciting aspects about onboarding Sherrell is their Houston operation, led by Steven Sherrell. He is a highly skilled operator and brings the management capabilities that we need to build market share in a new location. This is the start of a new and very promising chapter for us.”

At Service Star, we pursue growth in two ways, organic growth within all our brands and through acquiring other HVAC companies in North Texas. We want to buy companies where a big proportion of the sales comes from service, maintenance, and replacement. The ideal company has an established brand, good online reviews, and an excellent team.

If you are a home service company looking to sell your business, Service Star is ready to discuss how we can help you achieve your goals. Contact us at [email protected] to learn more about how we can help you grow and succeed.