Disclaimer
ThermaForge Partners LLC operates this site to describe a fractional operating-partner service for HVAC business owners. Before you read further into the operate, scale, platform, or any engagement-detail page, the following framing applies.
Forward-looking statements
Statements on this site that describe expected operational improvements, EBITDA uplift, valuation multiples, recap or sale outcomes, time-to-result, or any future financial or strategic performance are forward-looking statements. They reflect general patterns we have seen and the categories of work we believe drive results in HVAC operations between $5M and $50M in revenue. Forward-looking statements are inherently uncertain. They are not promises, predictions, or guarantees.
Results vary by engagement
Every HVAC operation is different. Local market conditions, owner experience, team composition, existing systems, regulatory environment, capital structure, customer mix, geography, and macroeconomic conditions all materially affect outcomes. The same engagement playbook applied to two different operations can produce meaningfully different results. The illustrative figures on this site — including but not limited to "100 basis points of EBITDA gain," "4–6x return at recap," and "$500K–$700K at recap on a $10M shop" — are mathematical illustrations of multiplier effects, not predictions for any specific company.
Past performance does not indicate future results
References to past operating experience, historical industry results, or general patterns observed in private equity-backed HVAC platforms are educational. Past results, whether ours or industry-wide, do not guarantee or predict outcomes for your business.
This is not investment, legal, tax, or accounting advice
Content on this site — including content describing pre-PE positioning, recap-readiness, valuation multiples, EBITDA quality, books and records, and capital structure — is provided for informational purposes only. It is not investment advice, legal advice, tax advice, or accounting advice. ThermaForge Partners LLC is not a registered investment adviser, a broker-dealer, a law firm, or a public accounting firm. Before making any decision regarding the sale, recapitalization, or financing of your business, consult licensed professionals in those fields.
The Site is not an offer of securities
Nothing on this site constitutes an offer to sell or a solicitation of an offer to buy any security or interest in any investment vehicle, fund, or company. Engagement-related compensation including fees and any equity component is set out in a separately negotiated Master Services Agreement and is not offered through the Site.
Engagement terms are set by separate written agreement
Pricing, scope, exclusivity, term, deliverables, performance compensation, and any other engagement detail are governed by a Master Services Agreement and Statement of Work signed by both parties. Information on this site about pricing tiers ("Operate — $8K/mo," "Scale — $14.5K/mo") and engagement components is summary marketing information and is superseded by the executed agreement.
Third-party platforms and content
References to Routebook (runroutebook.com), Frontline AI (frontline.carson.systems), and Carson Systems (carson.systems) describe products of Carson Systems LLC. Those products have their own terms, privacy practices, and product claims, which take precedence over any summary description here.
Photography and imagery
Photographic imagery on this site depicts general HVAC industry settings and is not an endorsement by, depiction of, or representation of any specific past or current ThermaForge engagement client unless explicitly identified.
Contact
Questions about this disclaimer: legal@thermaforgepartners.com