PORTLAND, Maine – North Haven Capital (NHC), a private investment firm based in Portland, Maine announced that its HVAC Acquisitions portfolio expands upon its initial acquisition of Gagnon Heating & Air Conditioning (Gagnon), based in Bridgton ME with its second acquisition of Enertec Heating & Cooling (Enertec), located in Portland ME.

Gagnon, founded in 2021, and acquired by NHC in April of this year, is a full-service heating and air conditioning company specializing in renewable energy sources, geothermal, radiant heat, heat pumps, boilers and central air systems. The Company is the top geothermal installer in Maine, and serves residential and small commercial customers.

Enertec, was founded in 2014 and boasts over twenty years of service, operates in the residential HVAC segment providing heat pump evaluations, installations and post-installation maintenance and repair services in southern Maine.

The synergy between Gagnon and Enertec, including combined operating experience, broadening of existing sales markets, and implementation of a dedicated service structure, will promote growth through optimized resource allocation and technology enhancements across the board.

Matt Bresnahan, CEO of NHC HVAC Acquisitions, said, “We are extremely excited to be bringing great companies like Gagnon Heating and Air Conditioning and Enertec Heating and Cooling together. The expanded reach, capabilities and proximity to new and existing customers will further support the world class installation and services that these companies have established in their respective communities. Growing our footprint and service offerings is a key element in our strategic growth plan as a leader in home services for customers throughout Maine and beyond.”

NHC HVAC Acquisitions is dedicated to bringing together highly respected companies in the residential and small commercial trades throughout the Northeast to support it home services growth goals.

Contact
Jen Walker, Director of Operations
jen@northhavencapital.com