320+
2,400+
$53,600
1.02
Source: U.S. Bureau of Labor Statistics, May 2023 OEWS
Research Triangle tech hub drives commercial demand
Hot, humid summers require reliable AC
One of America's fastest-growing metros
University presence (NC State, Duke, UNC)
Healthcare and biotech industry growth
The Research Triangle's tech and biotech growth creates strong commercial HVAC demand. The university presence adds stability while residential growth continues.
Raleigh attracts buyers seeking Southeast tech market exposure. Companies with data center and commercial capabilities are highly valued. Typical valuations range 5-6.5x EBITDA.
Employment & Wage Data: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2024
Metropolitan Area Statistics: BLS Metropolitan and Nonmetropolitan Area Occupational Employment and Wage Estimates
EBITDA Multiples: Industry estimates based on publicly reported M&A transactions and market analysis. Actual valuations vary based on company-specific factors.