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Meridian HVAC Services is a well-established commercial HVAC contractor headquartered in Richmond, VA, serving the Mid-Atlantic region since 2008. The company has demonstrated consistent growth, expanding from 32 employees at founding to 87 today, with annual revenue reaching $14.2M in FY2025. Meridian holds $2.1M in active federal contracts through SAM.gov, primarily with the Department of Veterans Affairs and GSA, indicating strong government sector penetration. The company maintains a clean litigation record with zero pending cases across Virginia and federal courts, and carries a BBB A+ rating with a 4.6/5 customer review average. Recent expansion into energy-efficiency retrofits positions Meridian to capture growing demand from commercial building decarbonization mandates. Key risks include customer concentration (top 3 accounts represent 38% of revenue) and regional geographic dependence, though the federal contract pipeline provides meaningful diversification.
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