News

Business Modification Group brokers sale of Cook County HVAC and plumbing firm

What's the deal? Business Modification GroupDealroom has a profile for this one. Try Dealroom → has brokered the sale of an established heating, cooling and plumbing company serving Cook County, Illinois, the firm announced on November 5, 2026. Broker Patrick Lange connected the buyer and seller and guided both through the transaction. Terms were not disclosed.

What changes? All five employees will stay with the business under new ownership. The seller will remain for a short transition period to ensure a smooth handoff.

Why it matters: The seller's priority was that staff and long-time customers continue to be well served, and Lange said the buyer shares that commitment. "This was a deal about people as much as a business," he said.

The bigger picture: Business Modification Group focuses on HVAC business transactions, with nearly 50 active listings nationwide. The deal lands amid continued consolidation in home services, where private equity firms are building large platforms.

The signal: HVAC, plumbing and electrical businesses accounted for 19.3% of residential-services M&A through July 2026, per data cited by Capstone, though overall volume trailed the same period in 2025. Larger players are circling the sector: PermiraDealroom has a profile for this one. Try Dealroom → agreed to buy a majority stake in platform Flint Group at a valuation above $1.5 billion, while Blackstone and Apollo have also invested. This small, undisclosed sale is a local ownership transition rather than evidence of that institutional roll-up.

Read more: AP News

Image credit: Generated with Gemini

More top stories