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Sila Services Acquires Central Cooling & Heating, Inc. - Continuing Strategic Expansion Across The New England Region

Jan 11, 2023•over 2 years ago

Acquiring Company

Sila Services

Acquired Company

Central Cooling & Heating

Description

Sila Services, LLC has acquired Central Cooling & Heating, Inc., a leading provider of air conditioning, heating and indoor air quality services in the Greater Boston area. Founded in Woburn, MA in 1966, Central Cooling & Heating has established itself as a preeminent household name with award-winning HVAC installation, repair and maintenance services across Essex, Middlesex, Norfolk, and Suffolk County.

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