SOLD 2017 verified

BCH Mechanical (BCH Holdings, Inc.)

HVAC / Plumbing · Tampa

Ownership at a glance. BCH Mechanical (BCH Holdings, Inc.) is owned by Comfort Systems USA, Inc., a public company headquartered in Houston, TX. The sale was announced April 3, 2017; the company still operates under its original name.
The name on the truckBCH Mechanical (BCH Holdings, Inc.)
Tampa
Operating ownerComfort Systems USA, Inc.
Houston, TX

About the company

Tampa Bay-based commercial and industrial mechanical contractor providing HVAC, plumbing, medical gas, piping, sheet metal, LEED and design-build services to industrial, medical and commercial customers, with service capability across ten southeastern states. It was one of the largest privately held mechanical contractors in the Tampa Bay market at the time of sale, with expected annual revenue of $100-110 million.

Ownership history

What changed after the sale

Comfort Systems USA CEO Brian Lane called BCH 'a premier mechanical contractor, providing extraordinary outcomes for its customers in industrial, medical and commercial markets.' BCH president Daryl Blume said 'Comfort Systems USA shares our core beliefs, including customer value, innovation and employee growth.' Comfort Systems guided that the acquisition would be neutral to slightly accretive to EPS over the first 12-18 months. BCH continues to operate under its own name as a Comfort Systems USA operating company.

Only sourced observations are listed. Customers and employees can add what they saw.

Who really profits

Money paid to BCH Mechanical (BCH Holdings, Inc.) now flows to Comfort Systems USA, Inc. (Houston, TX). NYSE-listed consolidator of commercial, industrial and institutional mechanical contractors (ticker FIX). It acquires large regional mechanical contractors and operates them as named subsidiaries rather than rebranding them, evaluating deals on EPS accretion. Its Tampa Bay entry was the 2017 purchase of BCH Mechanical, a $100-110 million-revenue mechanical contractor serving industrial, medical and commercial markets across ten southeastern states.

Read more: why prices rise after a sale · debt, exits and the 5-year clock.

Frequently asked

Who owns BCH Mechanical (BCH Holdings, Inc.)?

BCH Mechanical (BCH Holdings, Inc.) is owned by Comfort Systems USA, Inc., a public company headquartered in Houston, TX. The sale was announced April 3, 2017; the company still operates under its original name.

Is BCH Mechanical (BCH Holdings, Inc.) private equity owned?

BCH Mechanical (BCH Holdings, Inc.) was acquired by Comfort Systems USA, Inc., which we classify as public company rather than a private-equity platform, based on the sources listed below.

Is BCH Mechanical (BCH Holdings, Inc.) locally owned?

Not in the sense most homeowners mean. Control sits with Comfort Systems USA, Inc. in Houston, TX, although the local brand name is still used.

When was BCH Mechanical (BCH Holdings, Inc.) sold?

April 3, 2017 (announcement date).

Did BCH Mechanical (BCH Holdings, Inc.) change its name after the sale?

No. Keeping the acquired brand name is standard practice for platforms; it preserves customer trust and reviews while ownership changes behind it.

Sources Verified — primary document

  1. Comfort Systems USA (2017-04-03) — press release. Announcement, revenue guidance, Lane and Blume quotes
  2. Business Wire (2017-04-03) — press release. Wire distribution of the same release
  3. FMI Capital Advisors — other. Sell-side advisor announcement; describes BCH as Tampa, Florida with service in 10 states

Researcher notes: County left null on purpose. Comfort Systems USA and FMI both describe BCH as 'Tampa, Florida,' but BCH's operating facility is in the Pinellas County side of the Tampa Bay market; the specific county should be confirmed against Sunbiz or DBPR before publishing a county tag.

See something wrong? Request a correction — we publish our corrections log.

Reader comments

Loading comments…

Comments are held for review before they appear. We remove unsourced accusations, personal information, and spam. Comment policy.