Sila Heating and Air, a portfolio company of Dubin Clark, a private equity firm with offices in Boston, Massachusetts and Jacksonville Beach, Florida, has completed two acquisitions: N.E.T.R. Inc. and John S. Parker Home Service. Sila Heating and Air is a provider of HVAC replacement, service, maintenance, plumbing solutions, and water treatment to a base of residential customers. Sila services homeowners in the greater Philadelphia, Boston, D.C., NY/NJ/CT tri-state area and Hudson Valley.
NETR provides HVAC maintenance, repair, and installation services primarily for residential customers throughout New England. JSP provides A/C and heating, plumbing, electrical, water, and air purification services primarily for residential customers throughout Hudson Valley.
Mike Hompesch, partner at Dubin Clark, said, “We are pleased to complete the NETR and JSP acquisitions. These two excellent companies support our strategy of expanding Sila’s footprint and customer base. We are excited about the development of the Sila platform and management’s ability to on-board and grow new locations, and we look forward to continuing to support them in those efforts.”
Lou Pellegrini, CEO of Sila, commented, “With the addition of NETR and JSP to the Sila platform, we continue to grow as the leader in residential heating, air conditioning, plumbing and electrical services in the Northeast. We look forward to welcoming the teams at NETR and JSP and to help them grow by providing the extra systems and support of the Sila platform. We are very excited to have these quality companies on board.”