Crete United is not your typical building solutions contractor. The Charlotte-based company takes it one giant step further: Crete United makes its mechanical, electrical and plumbing providers its partners.
By acquiring the companies and having them work together as an integrated network, Crete United delivers best-in-class, energy efficient mechanical, electrical, and plumbing services for an array of facilities from schools and hospitals to manufacturing facilities and multi-family dwellings.
While it’s not standard practice, it’s hard to argue with the results:
- Rapid expansion Crete has acquired more than 40 partners in the past four years.
- Strong performance: The company has experienced four consecutive years of double-digit growth.
- Successful strategy: Since 2021, Crete United has grown its revenue from $0 to $1B.
- Notably, this growth isn’t just from acquisitions; Crete United achieved a remarkable 24% organic growth from 2023 to 2024.
- Its partners have also thrived, with many experiencing 30% year-over-year growth, highlighting the benefits of the network.
Crete United also focuses on energy efficiency-focused building services through its partners across commercial HVAC, electrical, plumbing, building automation, controls, and other sustainable energy solutions.
In fact, sustainability is at the core of Crete United’s mission and its day-to-day operations. Among its goals are:
- Net zero energy: generate more energy than it consumes.
- Net zero carbon fleet: 100% EV, biofuel or hybrid fleet.
- Net zero waste: 100% of its waste streams diverted from landfills.
- Emissions saved: 6M MTCO2e of emissions saved.
CEO Mike Cox joined Crete United in 2022 to support the company’s growth and strategic vision. I’d like to schedule an interview for you to talk with Mike and let him share more insights into the company, its unique business model, its meteoric growth, its commitment to sustainability and what’s next for Crete United. Please let me know if there is a time that is convenience for you.
The post Crete United Grows from $0 to $1B Building Solutions Company in Four Years first appeared on HVAC Insider.