FOR IMMEDIATE RELEASE

Cleveland, OH – October 8, 2025 – Midtown Capital Advisors (“MCA”) is pleased to announce its role as exclusive sell-side advisor to Space Comfort Company in its sale to Ayers Mechanical Group, a leading provider of HVAC services across Western Ohio.

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Founded in 1964, Space Comfort Company has established itself as a premier provider of HVAC services, including maintenance, installation, service, and energy management solutions for commercial and industrial clients. Known for its commitment to exceptional service and high-quality workmanship, Space Comfort has earned a strong reputation over six decades.

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“We knew selling a company like ours required the right partner with deep industry knowledge, local relationships, and acquisition financing expertise. Midtown was the perfect match,” said Tim Smith, former owner of Space Comfort.

“They guided us with expertise, insight, and patience, making a complex process smooth and manageable. We are thrilled with the outcome and confident in the future with Ayers Mechanical Group.”

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Ayers Mechanical Group, headquartered in Van Wert, Ohio, has delivered heating, air conditioning, and plumbing services to commercial, industrial, and residential customers since 1984. The acquisition of Space Comfort aligns with Ayers’ strategic growth objectives and strengthens its position in the HVAC sector.

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MCA served as exclusive sell-side advisor to Space Comfort Company, providing strategic guidance, financial analysis, and negotiation support throughout the transaction.

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“We are honored to have advised Space Comfort on this important milestone,” said Sean M. Ward, President of Midtown Capital Advisors. “This acquisition secures jobs for dozens of Cleveland-area employees and positions Ayers Mechanical Group for continued growth and success in the HVAC industry.”

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About Midtown Capital Advisors

Midtown Capital Advisors is a Cleveland-based investment banking firm specializing in lower middle market and small business mergers and acquisitions, debt placement, and strategic advisory services. MCA’s experienced team delivers tailored solutions that help clients achieve their business and financial objectives.

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To learn more, connect with Midtown Capital Advisors on LinkedIn or contact Sean Ward at sean@midtowncapadvisors.com or (440) 476-4957