Palmetto Air & Water Balance has acquired Bay to Bay Balancing, expanding its footprint into Florida and enhancing its service capabilities in the TAB industry.

Information on the Target

Palmetto Air & Water Balance, LLC (“Palmetto”) has successfully acquired Bay to Bay Balancing (“Bay to Bay”), a prominent provider of Testing, Adjusting, Balancing (TAB) services located in Tampa, Florida. With more than 30 years of experience, Bay to Bay has established a solid reputation within the commercial, healthcare, and governmental sectors of the Southeastern United States. The company is known for its technical expertise, reliability, and exceptional customer service.

This acquisition marks Palmetto's third transaction in 2025, facilitating the expansion of its operations into Florida, which becomes its seventh state of operation. With this addition, Palmetto now boasts a total of 24 locations nationwide.

Industry Overview in Florida

The Testing, Adjusting, and Balancing (TAB) industry in Florida is characterized by strong demand, particularly in the healthcare and commercial real estate sectors. The growing emphasis on energy efficiency and indoor air quality regulations has further propelled the need for quality TAB services. The reversal of the pandemic's effects has led to heightened investment in healthcare facilities and commercial properties, thereby increasing the demand for specialized services like those provided by Bay to Bay.

Additionally, Florida's rapid population growth and economic diversification have contributed to a robust construction market. This has translated to rising demand for HVAC system optimization and certification services, allowing businesses to maintain compliance with increasingly stringent regulations.

Given these dynamics, the TAB sector is poised for continued growth. The state's commitment to enhancing infrastructure and service quality will likely keep driving opportunities for companies like Palmetto and Bay to Bay. Furthermore, local government initiatives aimed at improving energy efficiency standards further bolster this industry.

The Rationale Behind the Deal

This acquisition is strategic for Palmetto as it not only enhances their operational footprint in Florida but also aligns with their goal of expanding service capabilities acros