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Morris Heating and Air Conditioning, an HVAC company serving residential and commercial clients on Boston’s North Shore since 1998, has new owners. Rockland-based ROI Corporation, a team of business brokers, represented seller Tim Morris in the transaction.
Morris, the company’s founder and president, will remain with the company to assist new owners Russ Hancock and Brian Schmitt in guiding the company into the future.
“This will insure that customers will receive the same excellent service they have become accustomed to,” said Morris.
It is anticipated that all current employees will remain on board and the company has plans for continued growth.
Morris said he is elated about the future and feels “the new owners will grow the company while maintaining excellent employee practices and customer service.”
“This was a perfect match where both parties are great people and the benefit of that will go to the employees and customers of Morris HVAC,” said Gary Rayberg, president of ROI.