THE REASON FOR THE SEARCH

Habco Partnership initiated the search following mounting operational and leadership challenges within Appolo Heating. The platform required a commercially minded HVAC operator capable of professionalising the business, rebuilding structure, and leading the mechanical platform through its next stage of growth.

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THE PORTFOLIO COMPANY

Habco Partnership and Moro Corporation operate a growing HVAC and electrical services platform generating approximately $100M in combined revenue.

The President role focused specifically on Apolo Heating, a residential and commercial HVAC services business operating across:

• Residential New Construction (RNC)
• Residential Service & Retrofit
• Service Agreements & Recurring Revenue

The company generates approximately $23M in revenue with 110 employees operating across three facilities in New York State.

The opportunity was not simply operational maintenance. The mandate was to rebuild leadership infrastructure, improve profitability, professionalise systems and processes, and create the foundation for broader mechanical platform expansion through both organic growth and acquisition.

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THE SEARCH REQUIREMENTS

The ideal candidate needed to demonstrate:

• Prior President, GM, or senior operational leadership experience within HVAC services
• Full P&L ownership in a $25M+ services environment
• Residential service and retrofit expertise, ideally alongside RNC exposure
• Experience within PE-backed or professionally managed organisations
• Ability to professionalise operations, systems, reporting, and accountability
• Strong people leadership and team restructuring capability
• Experience improving EBITDA, organisational structure, and operational discipline
• Credibility with field teams while operating effectively with investors and boards
• Ability to support future acquisition integration and broader platform growth

This role required a transformational operator, not a caretaker.

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WHAT WE LIKED ABOUT HIM

[Candidate Name] stood out as a highly credible HVAC services leader with the operational discipline, leadership capability, and growth mindset required to reposition Appolo Heating for long-term success. His background aligned directly with the business’s needs: operational professionalisation, team restructuring, EBITDA improvement, systems implementation, and scalable growth execution.

Why He’s a Great Fit

• Deep HVAC services leadership experience across residential service, retrofit, and operational management
• Proven P&L ownership within professionally managed services environments
• Strong operational discipline with experience implementing KPI-driven accountability
• Experience restructuring underperforming teams and improving organisational effectiveness
• Commercial mindset focused on recurring revenue, service growth, and profitability improvement
• Credibility with technicians, field leadership, and senior stakeholders alike
• Strong systems and process orientation with focus on operational scalability
• Hands-on leadership style aligned with the company’s need for visibility, structure, and execution
• Natural alignment with Habco’s growth ambitions and long-term platform vision

Why We’re Bullish on This Appointment

[Candidate Name] brings the leadership capability, operational rigor, and growth mindset required to help transform Appolo Heating from a solid but mismanaged business into a scalable, professionally run HVAC platform. His impact should be visible quickly through improved structure, stronger accountability, operational discipline, team alignment, and commercial execution.

Importantly, this appointment also creates a leadership foundation for Habco’s broader ambition to scale the mechanical division toward $100M+ revenue through organic growth and acquisitions.

This was a high-confidence appointment for the platform.

Haleema Hussain, Vice President, Raw Selection