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Capital to Elevate Home Heating and Cooling Businesses

Notch Capital is a private investment firm specializing in buyouts and recapitalizations for family owned small and medium sized businesses in the home heating and cooling industry. Our team has worked with over a hundred companies in the delivered fuels and HVAC equipment service industry. We have experienced the ups and downs of this unique industry and are keenly aware of the challenges facing business owners.

We understand the need for sellers to design a succession plan and to protect their legacy. Your employees are important, and we look to buy great businesses run by great people. Notch Capital is built to partner with founder led and family businesses to help them scale to the next level by providing operational and strategic expertise along with the right capital structure. We take an active role at the board level and as an advisor.

Deep Industry Experience

Experienced financial professionals who are committed to helping management teams modernize and grow

Patient Capital

We have the latitude to remain invested for a longer period than larger, traditional equity funds

Connected Network

Our access to forward-thinking industry leaders allows our platform businesses to compete at a high level

Founded by Industry Leaders

Notch Capital was formed to provide unique capital solutions to an important but traditionally underserved industry. Our founder has close to three decades of experience focused on mergers and acquisitions, banking and investment transactions for fuel distribution and HVAC companies and understands the challenges companies face when looking to achieve scale in an increasingly consolidating market.

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Fueled by Expertise

We bring fuel distribution and in-home services domain expertise developed from our work with hundreds of business owners and trade associations to actively support our management teams. We realize that sector consolidation and growing capital requirements present challenges. Our desire is to team with focused, forward-thinking operators to tackle these issues and the rapidly developing customer, environmental and regulatory demands impacting the sector. Notch Capital has the knowledge, insights, and resources to help our platform companies unlock their potential.

A semi truck carrying flammable materials in a tank.

Focused on Growth

Our investment focus includes companies with revenues of $25 million and over and EBITDA of $2 million to $10 million. We are open to 100% buyouts as well as majority buyouts (rollover equity transactions) where founders and their families can remain in the deal and benefit from future growth. We are actively seeking new platform investments and add-on acquisitions.

A man smiles as he tries to pry open an air conditioning unit.

Notch Capital Industry Associations