HVAC, Plumbing & Home Services Accounting
The most actively consolidated trade in the country right now, and the one where clean financials are worth the most.
HVAC & refrigeration · Plumbing · Electrical · Roofing · Landscaping · Pest control
Essential Home Services
We have advisors with real experience in essential home services, so the conversation starts where your business actually is, not with a primer on how it works.
Where this industry stands right now.
Private equity is buying at scale
Roughly 800 HVAC, plumbing, and electrical companies have been acquired by private equity since 2022. PE buyers now account for about half of all HVAC-services transactions, up from roughly a third the year before.
The market is built for roll-ups
Across roughly 120,000 US HVAC contracting businesses, the largest single player holds under 2% market share. That fragmentation is exactly what consolidators look for, and it is why the letters keep arriving.
Clean books move the multiple
Two companies with the same $2M EBITDA can clear at 4.5x or 7.5x depending on how clean the working-capital peg is, how well the maintenance-agreement base is documented, and how clean the accounting file is. On $2M, that spread is roughly $6 million.
Where we focus in this industry.
The financial work that actually moves the needle here, rather than a generic checklist.
- Recurring maintenance-agreement revenue has to be documented as recurring, not buried in general service income.
- Work in progress and deferred revenue need consistent treatment month to month, not just at year end.
- Owner compensation and personal expenses have to be cleanly separated well before anyone looks closely.
- Job-level costing tells you which work is actually profitable, which most operators are guessing at.
What we do for HVAC, plumbing, and home service owners.
Bookkeeping, payroll, and financial planning built around crews, jobs, and recurring service revenue.
Job-costing bookkeeping
Revenue, materials, and labor tracked by job and by crew, so you know which work is actually profitable.
Payroll for field crews
Hourly and salaried technicians, overtime, commissions, and seasonal hires paid correctly and on time.
Service agreements & recurring revenue
Maintenance plans and recurring contracts reported cleanly, the kind of revenue buyers value most.
Cash flow forecasting
Seasonality, equipment purchases, and slow collections planned for before they squeeze you.
Sale & consolidation readiness
Books and reporting that hold up when a private-equity buyer or roll-up starts asking questions.
Business valuations
What your company is worth today, and what would move that number.
Common questions, answered.
What accounting do HVAC and plumbing companies need?
Job-level bookkeeping, payroll for field crews, and monthly reporting that separates service, install, and recurring revenue. That is what lets an owner price work and staff crews with confidence.
Can you help me prepare to sell to a consolidator?
Yes. Buyers scrutinize financials closely. We help clean up the books, build reporting that shows durable earnings, and get you ready before conversations start.
Do you offer accounting for plumbing, electrical, roofing, and landscaping companies too?
Yes. We work with a range of home service trades, and the financial needs are similar: job profitability, seasonal cash flow, and payroll for crews.
Where do you work with home service clients?
We work with home service companies and other founder-led businesses across the Midwest.
Know where you stand before someone else decides for you.
Tell us about your business and we'll give you a straight read on where your financials are, and what it would take to get them where they need to be.
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