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Meridian Capital

Meridian Capital

Seattle Investment Bank

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Industrial & Residential Services

Home > Industries > Industrial & Residential Services

Meridian’s team has deep experience in the industrial and residential services industries including field services, maintenance, repair, installation, testing and inspection, and route-based service providers. These businesses operate in environments where labor efficiency, operational consistency, safety, and recurring revenue models are key drivers of value. We understand the operational complexity of multi-site and multi-crew organizations along with the strategic importance of customer relationships, technician capacity, and geographic expansion.

Our team works closely with founders and management teams to position service-based businesses for strategic acquisition, platform formation, and roll-up opportunities. Through our insight into buyer priorities and market trends, we help clients highlight the operational strengths and growth levers that maximize long-term value.

 

Team Leadership

Brian Murphy Photo
Brian Murphy
CEO, Managing Director
Brandon Leyert Photo
Brandon Leyert
Director
Aaron Franzheim Photo
Aaron Franzheim
Director
TnVuaXRvK1NhbnM6NzAw
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TnVuaXRvK1NhbnM6NzAw
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

Security Services M&A Market Update, Summer 2025

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Subsector Experience

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  • Electrical Services
  • Equipment MRO
  • Exterior & Maintenance Services
  • Fire & Life Safety
  • HVACR, Plumbing & Mechanical
  • Janitorial
  • Landscaping
  • Pest Control
  • Property Management
  • Restoration & Remediation
  • Roofing
  • Route-Based Services
  • Security
  • Specialty Facility Services
  • Technician Services
  • Test, Inspection, Certification, & Compliance (TICC)
  • Waste & Recycling

Recent Industrial & Residential Services M&A Transactions

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Superior Duct & Fabrication Receives Investment from Pike Place Capital

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Meridian Fire and Security, LLC, Sells to Summit Fire Protection Co. 

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Mercurio’s Heating & Air Conditioning Has Been Acquired by TurnPoint Services

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Meridian Capital Advises CM Heating on its Sale to Air Pros

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Rainier Industries has been acquired by LFM Capital

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Mold Rite, Inc. Has Been Acquired by Sound-Rite Plastics, Ltd

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Northwest Landscape Services Has Been Acquired by One Rock Capital Partners

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MM Comfort Systems Has Been Acquired by Private Investors

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Red Dot Corporation Has Acquired JBAR A/C, Inc.

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Barclay Dean Environments Has Been Acquired by Bank & Office Interiors

*Note: Includes transactions completed by Meridian bankers while at previous firms

Recent Industrial & Residential Services Press Releases

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Meridian Capital Advises CM Heating on its Sale to Air Pros

August 18, 2022
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Rainier Industries acquired by LFM Capital

October 14, 2021

Industrial & Residential Services M&A Reports

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Facility & Industrial Services M&A Market Update: Winter 2024

November 16, 2023
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Residential Roofing Services M&A Update: Q1 23

April 17, 2023

Industrial & Residential Services Subsector Insights

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Security Services M&A Market Update, Summer 2025

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Mechanical Services M&A Market Update, Summer 2025 

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Fire & Life Safety M&A Market Update, Summer 2025

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Any testimonial stated herein may not be representative of the experience of other clients and is no guarantee of future performance or success.


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