The deal
Blue Cardinal Home Services has acquired D&D Plumbing, Heating & Air Conditioning, also known as D&D Home Services, of Midland, Texas. Terms were not disclosed.
D&D was founded in 1984 and is a residential-focused provider of plumbing and HVAC service and replacement across the Permian Basin. Brothers David, Derek and Diron Rotan owned the company in equal shares before the sale.
David Yezbak of Apogee Equity Partners facilitated the transaction.
Three equal owners means three sets of goals. Some partners want to retire, some want to keep working, and some want to stay on for upside. Siblings and partners who agree on what they each want before talking to buyers move faster and avoid deals falling apart late. Residential service and replacement work, D&D's focus, is the revenue mix buyers like best.
What this means if you have business partners
- Align partners first. Agree on goals, roles and timing before any buyer sees your numbers.
- Service work wins. Residential service and replacement is the mix buyers value most.
- Smaller markets sell. Buyers are active well beyond the big metros, including West Texas.
Source: HVAC Insider, July 22, 2026. Summary and analysis by V2 Strategy Advisors.