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Sila Services acquires Norfolk Air and Guy Smith

Apr 03, 20254 months ago

Acquiring Company

Sila Services

Acquired Company

Norfolk Air Heating Cooling Plumbing & Electrical

NorfolkBuilding MaintenanceService Industry

Description

Sila Services, LLC has announced the acquisition of Norfolk Air Heating, Cooling, Plumbing & Electrical and Guy Smith Heating & Cooling. This move expands Sila's footprint in Virginia, enhancing service delivery and career development for both companies. The merger aims to provide unmatched customer experience by integrating strong community values.

Company Information

Company

Sila Services

About

Since 1989, Sila has offered a wide range of residential services for HVAC, plumbing, electrical, and indoor air quality. Sila serves the Northeastern and Mid-Atlantic United States, servicing customers from New Hampshire to Virginia. For more information, visit: www.sila.com.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

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