About Service Logic
Service Logic is a company based in Charlotte (United States) founded in 1945 was acquired by Bain Capital in December 2025. It operates as a Managed Services, and Reseller / Distribution. Service Logic has completed 13 acquisitions, including Airtight, Atlantic Cooling Technologies & Services and Colorado Climate Maintenance. Service Logic offers products and services including Commercial HVAC Services and Building Automation Systems. Service Logic operates in a competitive market with competitors including Particle, Landis+Gyr, Span.IO, Resideo and AwoX, among others.
- Headquarter Charlotte, United States
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Sectors
Business ServicesEnergy & Utilities
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Service Logic
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$164.85 M (USD), Debt – Conventional
Jun 01, 2016
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Investors
Bain Capital
& 5 more
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Employee Count
Employee Count
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Investments & Acquisitions
Airtight
& 12 more
- Acquired by
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Products & Services of Service Logic
Service Logic offers a comprehensive portfolio of products and services, including Commercial HVAC Services and Building Automation Systems. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Comprehensive HVAC services are provided for commercial spaces.
Automation systems are installed to optimize HVAC efficiency.
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Funding Insights of Service Logic
- Total Funding Total Funding
- Total Rounds 2
- Last Round Debt – Conventional — $164.8M
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2016 | Amount | Debt – Conventional - Service Logic | Valuation |
investors |
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| Sep, 2004 | Amount | Private Equity Round - Service Logic | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Service Logic
Service Logic has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Bain Capital, Mubadala and Warburg Pincus. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Multi-stage private equity investments are pursued across diverse sectors.
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Founded Year | Domain | Location | |
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Recapitalizations are targeted through private equity investments by the firm.
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Founded Year | Domain | Location | |
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Debt and equity investments are pursued across multiple sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Service Logic
Service Logic has strategically engaged in corporate development activities, having acquired 13 companies. Notable acquisitions include Airtight, Atlantic Cooling Technologies & Services and Colorado Climate Maintenance. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Sensor based solution for detailed analysis of energy waste for individual buildings
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2016 | ||||
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Mechanical, electrical, plumbing, and energy systems services are provided.
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2004 | ||||
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Commercial HVAC services are provided for businesses in Minneapolis.
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2001 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Service Logic
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Service Logic Comparisons
Competitors of Service Logic
Service Logic operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Particle, Landis+Gyr, Span.IO, Resideo and AwoX, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
IoT connectivity platform from prototype to production is developed.
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| domain | founded_year | HQ Location |
End-to-end energy management solutions are provided for utilities worldwide.
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| domain | founded_year | HQ Location |
Smart panels for home energy management are provided by Span.IO.
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| domain | founded_year | HQ Location |
Smart home products for security and energy efficiency are provided.
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| domain | founded_year | HQ Location |
Wifi-enabled smart home appliances are provided by AwoX.
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| domain | founded_year | HQ Location |
Energy efficiency programs are designed for utilities and municipalities.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Service Logic
Frequently Asked Questions about Service Logic
When was Service Logic founded?
Service Logic was founded in 1945 and raised its 1st funding round 59 years after it was founded.
Where is Service Logic located?
Service Logic is headquartered in Charlotte, United States. It is registered at Charlotte, North Carolina, United States.
What does Service Logic do?
Service Logic is engaged in delivering comprehensive commercial HVAC and building automation services across the USA and Canada. Operations are conducted through a network of 140 locations, partnering with local providers to ensure superior service. Solutions are offered for various sectors including office, manufacturing, retail, education, healthcare, and government. Scalable and flexible maintenance, capital planning, and billing options are provided to meet diverse client needs.
Who are the top competitors of Service Logic?
Service Logic's top competitors include Particle, Landis+Gyr and Span.IO.
What products or services does Service Logic offer?
Service Logic offers Commercial HVAC Services and Building Automation Systems.
How many acquisitions has Service Logic made?
Service Logic has made 13 acquisitions, including Airtight, Atlantic Cooling Technologies & Services, and Colorado Climate Maintenance.
Who are Service Logic's investors?
Service Logic has 6 investors. Key investors include Bain Capital, Mubadala, Warburg Pincus, NewStar Financial, and TJC.