Percheron Capital Announces

Formation of Commercial HVAC Platform

About

Percheron Capital

Percheron Capital is a private equity firm focused on partnering with exceptional teams to build market-leading essential services businesses. Percheron has over $3.5 billion in assets under management and supports high-quality essential services businesses to accelerate growth and enhance long-term value.

Commercial HVAC

Partnership Goals


Our goal is to partner with like-minded, high-quality Commercial HVAC businesses to establish a premier network of service providers and leverage technology and best-in-class centralized support systems to accelerate growth.

Ideal Partner Services Focus

Preventative Maintenance Contracts
Repair Services
System Replacements and Retrofits

Ideal Partner Characteristics

Strong, Tenured Customer Relationships

Leading Culture and Team Member Retention

Service Centric Business Model

CEO Profile

Katrina Liddell, CEO


“I believe that leadership is a privilege. I am deeply focused on providing our technicians and teammates with the training and support they need to fuel their careers, and I am committed to empowering our team to create outstanding customer experiences.”

Decades of Leading Industry Expertise
Track Record of Driving Accelerated Growth
Culture-Driven Leadership Philosophy
Track Record

Extensive Experience Driving Growth at Leading Commercial Services Businesses


President

2023 - 2025

Chief Commercial Officer

2021 - 2023

President, Global Freight Forwarding & Expedited Trucking

2018 - 2021

General Manager & VP of Enterprise Sales

2004 - 2018

Percheron Capital is eager to partner with exceptional companies to establish a provider, employer, and acquisition partner of choice in the Commercial HVAC industry while protecting the legacy and culture that makes those companies special. To learn more about the prospect of joining our platform, please contact us at [email protected].

Learn More

Contact Our Commercial HVAC Team

Join Our Email List

Hear Our Partnership Stories


Our commitment to our partnership pillars and genuine respect for our partners’ vision and inputs have led to trusted relationships, rapid value creation and compelling outcomes.

Percheron manages over $3.5 billion in regulatory assets under management as of March 31, 2025. This material does not constitute an offer to sell or the solicitation of an offer to purchase any security. Recipients of this material agree that none of Percheron Investment Management LP (“Percheron” or “Percheron Capital”) or its affiliates or its or their respective partners, members, employees, officers, directors, agents, or representatives shall have any liability for any misstatement or omission of fact or any opinion expressed herein. The information included herein is not presented with a view to providing investment advice with respect to any security, or making any claim as to the past, current or future performance thereof, and Percheron Capital expressly disclaims the use of this material for such purposes. Executive endorsements of Percheron Capital are for illustrative purposes and should not be construed as a client or investor testimonial of Percheron's investment advisory services. All such endorsements are from current or former portfolio company leadership about Percheron’s ability to provide services to their companies. Please see website Terms of Use: "Awards, Recognitions, Testimonials, and Endorsements” for additional information related to statements from Portfolio company executives.