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Sila Services Acquires Park Ridge Unique Indoor Comfort To Expand Presence In Chicagoland Region

May 22, 2023•about 2 years ago

Acquiring Company

Sila Services

Acquired Company

Park Ridge Indoor Comfort

Description

Sila Services, LLC announced that it recently acquired Park Ridge Unique Indoor Comfort, Inc., a prominent family-owned HVAC company specializing in heating and cooling installation and repairs since 1967. Based in Northbrook, IL, Park Ridge Unique Indoor Comfort provides first-class quality repair, maintenance, and installation for heating and air conditioning systems. The acquisition, coupled with Sila Services' other recent Midwest regional investments, strengthens its presence across this strategic growth market.

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