A Long-Term Home Your Clients Can Feel Good About.
Rena Group acquires founder-owned electrical, HVAC and plumbing businesses in NSW and the ACT — and keeps them. If you advise owners on succession, sale or the next stage of growth, we'd like to be on your list.
Our Acquisition Sweet Spot
Clear criteria save everyone time. If a business is close on one or two points, we'd still like to hear about it.
| Criteria | What We Look For |
|---|---|
| Sectors | Electrical, HVAC and plumbing services |
| Annual Revenue | A$2m – A$10m |
| EBITDA | A$0.5m – A$2m |
| Team | 10+ employees, with second-tier managers in place |
| Work Mix | A combination of project and maintenance work |
| Location | NSW and the ACT initially |
| Owner | Founder-owned; owner planning succession or the next stage of growth |
| Deal Structure | Structured deal by deal — upfront, deferred and earn-out components |
| Also of Interest | Solar, battery and EV charging capability within electrical contractors |
Rising Demand Meets a Succession Wave
Electrification and AI data centres are lifting demand for electrical, HVAC and plumbing work, while many of the founders who built these businesses are planning their exit.
Forecast growth in data centre electricity use in the NEM, from about 5 TWh in FY2026 to about 34 TWh by 2035–36.
AEMO 2026 ESOO, Step Change scenarioof Australian Baby Boomer SME owners plan to exit their business within the next five years.
MYOB Business Monitor with CA ANZ, August 2025of Australian SME owners have a succession plan for their exit.
MYOB Business Monitor with CA ANZ, August 2025A Buyer That Protects Your Reputation, Too
Evergreen Ownership
We acquire to hold and grow for the long term, so your client's legacy stays in steady hands.
Founder-Friendly Transitions
Owners can step back on their own timeline or stay on and lead with group support.
Discreet by Default
Blind profiles welcome, and we're happy to sign an NDA before any detail is shared.
Clear, Honest Feedback
We'll tell you early whether a business fits, so you can manage your client's expectations.
From First Call to Completion
Share a Blind Profile
A short, anonymised overview of the business.
Fit Assessment
A prompt, honest view on whether it suits our criteria.
NDA and Information
Financials and an introduction to the owner.
Indicative Offer
Proposed price and structure, set out clearly.
Board Approval and Diligence
Board sign-off, then focused due diligence and completion.
Malcolm Jackman
Strategic Advisor and Non-Executive ChairmanMalcolm's background includes CEO roles at Elders and Coates Hire and chair roles at Big River Group and Force Fire. He will chair the board of Rena Group's holding company on its incorporation.
View Malcolm on LinkedInHelp Build Something Permanent
We're assembling a founding board with experience across finance, law, M&A and technical services. If you're a senior professional who wants to help shape a long-term group, we'd like to hear from you.
Express InterestHave a Client Who Might Fit?
Send a blind profile or book a call. Every introduction is handled in confidence.