Service Star Brands, a leading provider of commercial HVAC services in the Dallas-Fort Worth area, is proud to announce the acquisition of Air Heat North Texas, a niche provider of commercial HVAC services in the Dallas-Fort Worth area. The acquisition, which took place in April 2021, is a strategic move that will enable Service Star Brands to better service technical complex customer situations and take a giant leap ahead on our growth trajectory.
Niklas James, Executive Chairman of Service Star, said, “As an add-on acquisition, Air Heat North Texas has a lot of operational synergies with Service Star. We quickly felt this was a situation where there was a strong mutual value proposition. We are onboarding a strong brand which we can integrate into our existing operations, and then we helped Dean settle his succession plan in a way that made financial and operational sense.”
Dean Mize, founder of Air Heat North Texas, added, “As I am approaching retirement age, it was time to decide on my succession plan. We’ve built a best-in-class team and nurtured a loyal customer base who value our engineered solutions. I wanted to sell my business to someone who truly values this, and who could seamlessly continue our success without missing a beat. Service Star brings decades of experience and a top-notch reputation, and both my team and I are excited about how they can take our company to the next level.”
Anthony Contreras, Head of Service Star, said, “The success of Air Heat North Texas is best represented through the loyalty of its employees and large customers. Retaining attractive commercial service accounts is notoriously difficult, but Air Heat’s customers actually want to deepen and expand the relationships. This is very telling of the quality of their workmanship.”
The acquisition of Air Heat North Texas will be a win for both the customers and employees. The customers will have access to better support and broader service offerings, while the employees will benefit from a more stable workload around the year and career opportunities as Service Star Brands continues to expand.
Service Star Brands understands the industry as well as anyone, and has grown to become one of the largest players in North Texas. Every business owner wants a customized exit, and this is especially true for those nearing retirement. Some business owners want to step down gradually, and others want to step out right away. As a strategic buyer, Service Star Brands can accommodate for Dean and other business owners.
At Service Star Brands, 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’re a home service company looking to sell your business, Service Star Brands is here to help. We understand that letting go of a business you’ve spent countless hours building is hard, but we’ve made the process as seamless as possible for Dean and we can do the same for you. Contact us at [email protected] to learn more about how we can help you grow and succeed.
