Name

Nextech

Legal name

Nextech

Website

https://nextechna.com

Company type

Private

Founded year

1992

Operating status

Operating

Headcount range

1,001–5,000 employees

Ownership category

akta.pro rank

Product category

Commercial HVAC/R Services

NAICS

Plumbing, Heating, and Air-Conditioning Contractors (238220), Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance (8113), Facilities Support Services (561210)

SIC

Services-Facilities Support Management Services (8744), Refrigeration & Service Industry Machinery (3580)

akta.pro primary industry

HVAC Installation, Service & Repair (IMAIABAA)

akta.pro secondary industries

HVAC Service, Maintenance & Repair (BPABACAA), Commercial HVAC Maintenance Agreements & PM Programs (HSAOAHAJ), Emergency HVAC Repair (24/7) (HSAOAHAC), HVAC & Refrigeration Contracting (IMAFALAB), Hard Services (MEP/HVAC, Electrical, Plumbing) (BPABAAAA)

Keywords

• Commercial HVAC services
• Refrigeration maintenance
• Facility asset management
• Building automation systems
• Commercial kitchen services

Headquarters

HQ city

Melbourne

HQ country

United States

HQ region

North America

Offices35 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Commercial HVAC Services: Service revenue from installation, maintenance, repair and replacement of commercial HVAC systems for multi-site commercial customers. Includes preventative maintenance programs, emergency services, and capital replacement projects.
2. Commercial Refrigeration Services: Service revenue from maintenance, repair, replacement and 24/7 responsive services for walk-in coolers, reach-in freezers, ice machines, and specialty refrigeration equipment for national restaurant and convenience store chains.
3. Commercial Kitchen Equipment Services: Factory-authorized services including maintenance, repair, installation and warranty support for commercial kitchen equipment including stainless steel fabrication and specialty equipment.
4. Commercial Lighting & Electrical Services: Comprehensive electrical services including repair, replacement, heat sensing, inspection, power and generator services, and LED lighting retrofits for energy-efficient upgrades.
5. Capital Replacement & Forecasting: Capital expense forecasting, asset tracking and ROI software enabling customers to develop intelligent capital strategies and long-term replacement programs for equipment lifecycle management.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

Nextech is America's largest independent self-performing commercial HVAC/R service provider, delivering installation, preventive maintenance, emergency repair, capital replacement, and lighting/electrical services to multi-site commercial businesses across the continental United States. All service work is performed by W-2 employed technicians dispatched from 40+ regional offices, supported by the proprietary Facili-Trac asset management software and Client™ Automation Solutions building operating system.

Product overview

Nextech is America's largest independent self-performing commercial HVAC/R service provider offering a comprehensive suite of services for multi-site commercial businesses nationwide. The company operates as a unified service platform with multiple integrated service lines including Commercial HVAC Services, Commercial Refrigeration Services, Commercial Kitchen Equipment Services, and Commercial Lighting & Electrical Services. The core technology product is Facili-Trac, an internet-based asset tracking and facilities management software platform that enables customers to track HVAC/R expenditures, service history, capital expense forecasting, and ROI analysis. Supporting this is Client™ Automation Solutions, a building operating system powered by the Niagara Framework® that provides enterprise building automation and integration capabilities. Additional service offerings include 24/7 Emergency Services and Preventative Maintenance Programs. The company serves diverse vertical markets including retail chains, hospitals, grocery stores, convenience stores, restaurant chains, movie theaters, banks, and data centers across 40+ regional offices nationwide.

Differentiator

Problem solved

Functional benefit

Products and services

• Facili-Trac Internet-based asset tracking and facilities management software exclusively developed by Nextech's development team. Allows facility managers to track HVAC/R expenditures, monitor work progress, view service history across all equipment brands, and generate ROI reports to support capital planning and asset replacement decisions.
• Client™ Automation Solutions Building operating system powered by the Niagara Framework® providing enterprise networking, security, and integration across HVAC and lighting systems. Enables facility managers to operate climate and lighting through a single web-based secured interface with open-protocol connectivity across devices, systems, and networks for multi-site deployment.
• Commercial HVAC Services Comprehensive commercial HVAC services covering preventive maintenance, demand and emergency service, capital replacement projects, and unit retrofits for multi-site commercial customers. Service covers all major manufacturers including AAON, Carrier, Trane, Lennox, Goodman, York, Bard, and Liebert.
• Commercial Refrigeration Services Refrigeration services for walk-in coolers, reach-in freezers, ice machines, and specialty refrigeration equipment by manufacturers including Manitowoc, True, Russell, and Hoshizaki. Includes national multi-site maintenance, repair, replacement, and 24/7 responsive services for restaurant, grocery, and convenience store chains.
• Commercial Kitchen Equipment Services Factory-authorized services including maintenance, repair, installation, and warranty support for commercial kitchen equipment. Covers fryers, grills, ovens, steamers, freezers, coolers, ice machines, exhaust systems, vent hoods, stainless steel fabrication, and specialty equipment across all leading brands.
• Commercial Lighting & Electrical Services Comprehensive commercial electrical and lighting solutions including certified electricians, 100% self-performing services, 24/7 electrical and lighting service and repair, generator service, heat sensing solutions, LED retrofits, and electrical construction for retail stores, restaurants, convenience stores, movie theaters, commercial buildings, and data centers.
• 24/7 Emergency Services Round-the-clock emergency HVAC and refrigeration repair services available 24 hours a day, 7 days a week. Includes rapid response dispatch from strategically located regional offices, on-call technicians, and priority handling for urgent customer needs with a single 800-number point of contact.
• Preventative Maintenance Programs Comprehensive preventative maintenance programs designed to keep equipment operating at peak efficiency, reduce energy consumption, extend equipment lifespan, prevent costly breakdowns, and reduce overall energy bills. Includes individualized task lists, seasonal evaluations, and equipment auditing.

Quantifiable outcome

• 81% First Time Fix rate vs 68% national average for other service companies
• +3 more outcomes

Named customers16 records

Segments10 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

One partnership is on record.

• Executive Facility Solutions (EFS)coreChannel Partner/ Reseller/ DistributorEFS is a value-added service through Nextech providing a network of pre-screened HVACR service providers for customers requiring national coverage in areas where Nextech does not self-perform. Provides coverage through established service providers with technical expertise in specific areas.

Scale indicators11 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• EMCOR Group: Large public facilities and energy services provider offering HVAC, mechanical, and electrical services across commercial, industrial, and utility markets. Overlaps with Nextech in commercial HVAC service but operates at much greater scale and breadth, including construction.
• ABM Industries: Public integrated facility services provider with HVAC/mechanical as part of a broader janitorial, parking, and building services portfolio. Overlaps with Nextech in commercial HVAC maintenance contracts and multi-site enterprise accounts.
• Trane Technologies Commercial: Global HVAC OEM and commercial service provider with a large installed base and service arm. Competes with Nextech for commercial HVAC service contracts, capital replacement projects, and building controls work.
• APi Group: Public safety, specialty, and industrial services company with material HVAC and building services exposure. Comparable as a diversified services platform but with broader fire/life-safety weighting and a roll-up M&A playbook similar to Nextech's.
• Carrier Global Commercial Service: Global HVAC OEM with a significant North American commercial service, controls, and replacement business. Comparable at the service level (commercial HVAC maintenance and replacement) but competes from an equipment-manufacturer base rather than independent service provider base.

Direct peers

• Limbach Holdings: Public specialty contractor focused on HVAC, plumbing, and mechanical services for commercial customers. Comparable in service-line mix and recurring maintenance orientation, with similar exposure to facility managers and multi-site customers.
• Murphy Company: Employee-owned commercial mechanical contractor providing HVAC, refrigeration, plumbing, and building automation services. Comparable in self-perform trade service delivery and enterprise customer focus.
• TDIndustries: Employee-owned commercial mechanical contractor delivering HVAC, plumbing, and facility services across the southern and western US. Directly comparable in self-perform model, technician culture, and commercial multi-site service orientation.
• Service Logic: PE-backed commercial HVAC, mechanical, and building services provider across North America. Direct comparable as a multi-site commercial HVAC service roll-up with a recurring maintenance and energy services model.
• Comfort Systems USA: Public national provider of commercial HVAC, mechanical, and plumbing installation and service. Closest direct peer to Nextech in multi-site commercial HVAC/R self-perform service delivery, though it is significantly larger and more focused on installation.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/CMS_nextech
• Facebookfacebook.com/NextechHVACR
• LinkedInlinkedin.com/company/nextech-hvacr

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A5 records

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Nextech