Corliss Hill Partners · Co-investment
A founder-owned HVAC business, at 6 times verified earnings.
Northline Mechanical keeps 1,400 commercial buildings heated and cooled across the Carolinas. The founder is 64 and has no successor. We have a signed letter of intent and are raising $17.1 million from family office co-investors.
Fictional sponsor, company and figures, for demonstration. Not an offer of securities.
Why this deal
Three reasons it comes to us, and why it works.
The founder is ready
He is 64, nobody in the family wants the business, and he stays 18 months to hand it over properly.
The work doesn't stop
Buildings have to be heated and cooled in any economy. Service agreements are already 38% of revenue.
We've done this before
Four deals since 2018. Seven of our eleven co-investors came back for another one.
The clock
Exclusivity runs to 30 December. Commitments come first.
Fictional dates, for demonstration.
The data room
See the whole deal, one stage at a time.
The sponsor and the company open first. The verified earnings, the plan and the full diligence file open after a one-signature confidentiality agreement.
Minimum $500,000. Fictional deal.