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Questions

There are many people buying HVAC companies, what’s different about Sila?

Great question. Sila is focused on building the best home services operating company, not just being the biggest or a financial engineering play. We were founded by tradespeople and run by tradespeople today, with our key leaders averaging more than a dozen years of HVAC, Plumbing and Electrical experience. Partnering only with well run teams that share similar values and long-term goals allows us to continually reinvest in our people, our capabilities and our growth. Sila’s unique geographic focus helps to build scale, expertise and customer service excellence in specific markets. We bring unmatched and well-proven best practices backed by exceptional support resources, however when and how we deploy these capabilities is done in full collaboration with our business leaders. Our commitment is to have former owners be able to say after joining Sila, “I still feel like I own and run the business, it’s just easier to do and more successful than I could have done it on my own.” That’s the type of company we are and how we are building something different for our industry.

What type of businesses does Sila Services partner with?

We invest in high quality, well-established teams that provide a mix of HVAC, Electrical, and Plumbing services in the Northeast, Mid-Atlantic, and Midwest.

Where is Sila Services located?

Our dozens of partner companies serve customers in the Northeast, Mid-Atlantic, and Midwest regions of the United States. While Sila Services has its Shared Services Centers of Excellence in the Philadelphia suburbs, we spend much of our time in the field supporting our teams.

How do you determine the value of a business during the
evaluation process?

Our evaluation process combines financial analysis, market research, and industry benchmarks to determine the value of a business. We take into account various factors, such as revenue, profitability, growth potential, market conditions, and comparable transactions, to provide an accurate valuation.

How long does the investment process typically take?

The duration of the partnership process with Sila Services will vary depending on the quality of data available, the responsiveness of a potential partner to diligence requests, and legal complexity involved. We know that distractions aren’t great for busy business owners, so we streamline the process to the maximum extent possible without letting anything slip through the cracks for you or for Sila.

Will the name of my company change?

No. When you partner with Sila Services, we are specifically investing in preserving your brand and legacy while accelerating your performance and unlocking opportunities for your team and customers.  You’ve already built a great brand, we just want to help you make it even greater.

How can I learn more about partnering with Sila Services?

We welcome all potential partnership discussions, so encourage you to reach out to our team. You can reach us by visiting our contact page or partner page.  We take responsiveness seriously in our businesses, and likewise with potential partners, so call or email anytime and you’ll hear back from us fast. We always have time to get to know great owners and teams and explore the value of a partnership opportunity.  There is always time in the day, no matter how busy we may be, to get to know good fellow tradespeople. Whether the time is right for a partnership or not, we always find it worthwhile to expand our relationships and support others in the trade.