ServiceTitan to Empower HVAC Contractors with Acquisition of Conduit Tech
ServiceTitan (Nasdaq: TTAN) has announced a definitive agreement to acquire Conduit Tech, an HVAC design and sales platform specializing in LiDAR technology. The acquisition will integrate Conduit's sales proposal and enablement tools with ServiceTitan's AI automation products.
Conduit's platform enables HVAC technicians to create 3D models, load calculations, and visualizations onsite in minutes using LiDAR scanning technology. The platform includes ACCA Certified Manual J HVAC load calculations for permitting processes and custom visualization tools for homeowner education.
Founded in 2022 by Marisa Reddy and Shelby Breger, Conduit Tech focuses on empowering HVAC contractors with efficient design and sales tools. The transaction is expected to close in ServiceTitan's fiscal third quarter 2026.
ServiceTitan (Nasdaq: TTAN) ha annunciato un accordo definitivo per l'acquisizione di Conduit Tech, una piattaforma di progettazione e vendita HVAC specializzata in tecnologia LiDAR. L'acquisizione integrerà gli strumenti di proposta e abilitazione alle vendite di Conduit nelle soluzioni di automazione AI di ServiceTitan. La piattaforma di Conduit permette agli installatori HVAC di creare modelli 3D, calcoli di carico e visualizzazioni sul campo in pochi minuti utilizzando la scansione LiDAR. La piattaforma include i calcoli di carico HVAC Manual J certificati ACCA per i permessi e strumenti di visualizzazione personalizzati per l'educazione dei proprietari di casa. Fondata nel 2022 da Marisa Reddy e Shelby Breger, Conduit Tech si concentra sull'offrire agli appaltatori HVAC strumenti efficienti per design e vendita. La transazione è prevista per chiudersi nel terzo trimestre fiscale 2026 di ServiceTitan.
ServiceTitan (Nasdaq: TTAN) ha anunciado un acuerdo definitivo para adquirir Conduit Tech, una plataforma de diseño y ventas HVAC especializada en tecnología LiDAR. La adquisición integrará las herramientas de propuesta y habilitación de ventas de Conduit con los productos de automatización AI de ServiceTitan. La plataforma de Conduit permite a los técnicos HVAC crear modelos 3D, cálculos de carga y visualizaciones en sitio en minutos utilizando escaneo LiDAR. La plataforma incluye cálculos de carga HVAC Manual J certificados por ACCA para los permisos y herramientas de visualización personalizadas para la educación del propietario de la vivienda. Fundada en 2022 por Marisa Reddy y Shelby Breger, Conduit Tech se centra en capacitar a los contratistas HVAC con herramientas eficientes de diseño y ventas. Se espera que la transacción se cierre en el tercer trimestre fiscal de 2026 de ServiceTitan.
ServiceTitan (Nasdaq: TTAN)은 LiDAR 기술을 전문으로 하는 HVAC 설계 및 판매 플랫폼인 Conduit Tech를 인수하기로 하는 확정 계약을 발표했습니다. 인수는 Conduit의 영업 제안 및 활성화 도구를 ServiceTitan의 AI 자동화 제품에 통합합니다. Conduit의 플랫폼은 LiDAR 스캐닝 기술을 사용하여 현장에서 수 분 내에 3D 모델, 하중 계산 및 시각화를 생성하게 해줍니다. 이 플랫폼은 허가 절차를 위한 ACCA 인증 Manual J HVAC 하중 계산과 주택 소유주 교육을 위한 맞춤 시각화 도구를 포함합니다. 2022년 Marisa Reddy와 Shelby Breger가 설립한 Conduit Tech는 효율적인 설계 및 판매 도구로 HVAC 계약자들을 돕는 데 주력합니다. 거래는 ServiceTitan의 2026 회계 연도 제3분기에 마무리될 것으로 예상됩니다.
ServiceTitan (Nasdaq : TTAN) a annoncé un accord définitif en vue de l'acquisition de Conduit Tech, une plateforme de conception et de vente HVAC spécialisée dans la technologie LiDAR. L'acquisition intégrera les outils de proposition et d'habilitation des ventes de Conduit dans les produits d'automatisation IA de ServiceTitan. La plateforme de Conduit permet aux techniciens HVAC de créer des modèles 3D, des calculs de charge et des visualisations sur site en quelques minutes en utilisant la numérisation LiDAR. La plateforme comprend les calculs de charge HVAC Manual J certifiés ACCA pour les autorisations et des outils de visualisation personnalisés pour l'éducation des propriétaires. Fondée en 2022 par Marisa Reddy et Shelby Breger, Conduit Tech se concentre sur l'autonomisation des entrepreneurs HVAC avec des outils efficaces de conception et de vente. La transaction devrait être clôturée au troisième trimestre fiscal 2026 de ServiceTitan.
ServiceTitan (Nasdaq: TTAN) hat eine verbindliche Vereinbarung zum Erwerb von Conduit Tech bekannt gegeben, einer Plattform für HVAC-Design und Vertrieb, die sich auf LiDAR-Technologie spezialisiert hat. Die Übernahme wird Conduits Vertriebsangebote und Enablement-Tools in die AI-Automatisierungsprodukte von ServiceTitan integrieren. Conduits Plattform ermöglicht es HLK-Technikern, in wenigen Minuten vor Ort 3D-Modelle, Lastberechnungen und Visualisierungen zu erstellen, mithilfe von LiDAR-Scan-Technologie. Die Plattform umfasst ACCA-zertifizierte Manual-J-HLV-Berechnungen für Genehmigungen und benutzerdefinierte Visualisierungstools zur Aufklärung der Hausbesitzer. Gegründet wurde Conduit Tech 2022 von Marisa Reddy und Shelby Breger; das Unternehmen konzentriert sich darauf, HLK-Unternehmen mit effizienten Design- und Vertriebs-Tools zu unterstützen. Der Abschluss der Transaktion wird voraussichtlich im dritten Quartal des Geschäftsjahres 2026 von ServiceTitan erfolgen.
ServiceTitan (Nasdaq: TTAN) أعلنت عن اتفاق نهائي لشراء Conduit Tech، منصة تصميم ومبيعات HVAC تتخصص في تكنولوجيا LiDAR. ستدمج عملية الاستحواذ أدوات الاقتراح والتمكين من العروض لدى Conduit مع منتجات الأتمتة بالذكاء الاصطناعي من ServiceTitan. تتيح منصة Conduit لفنيي HVAC إنشاء نماذج ثلاثية الأبعاد، وحسابات الحمولة، وتصورات ميدانية خلال دقائق باستخدام مسح LiDAR. تتضمن المنصة حسابات الحمولة HVAC من Manual J المعتمدة من ACCA لاستخدامها في التصاريح وأدوات تصور مخصصة لتعليم أصحاب المنازل. تأسست Conduit Tech في 2022 على يد ماريزا ريدي وشيبلج بريجر، وتركّز على تمكين المقاولين HVAC بأدوات تصميم وبيع فعالة. من المتوقع إتمام الصفقة في الربع الثالث من السنة المالية 2026 لـ ServiceTitan.
ServiceTitan（纳斯达克代码：TTAN）宣布已达成收购Conduit Tech的最终协议，Conduit Tech是一家专注于 LiDAR 技术的 HVAC 设计与销售平台。这次收购将把 Conduit 的销售提案与赋能工具整合到 ServiceTitan 的 AI 自动化产品中。Conduit 的平台使 HVAC 技术人员能够在现场用 LiDAR 扫描在数分钟内创建3D 模型、荷载计算与可视化。该平台包含经 ACCA 认证的 Manual J HVAC 荷载计算以用于许可流程，以及用于房主教育的定制化可视化工具。Conduit Tech 由 Marisa Reddy 与 Shelby Breger 于 2022 年创立，专注于为 HVAC 承包商提供高效的设计与销售工具。交易预计在 ServiceTitan 2026 财年第三季度完成。
- Integration will enhance ServiceTitan's AI automation capabilities with LiDAR technology
- Platform enables technicians to serve more homes per day without adding staff
- Provides ACCA Certified Manual J calculations for permitting processes
- Technology reduces proposal creation time from hours to minutes
- Enhances sales effectiveness with professional visualization tools
- Extended closing timeline (Q3 2026) creates execution uncertainty
- Integration of complex LiDAR technology may require significant training resources
Insights
ServiceTitan's acquisition of Conduit Tech strengthens its HVAC offerings through advanced LiDAR technology, boosting contractor efficiency and sales capabilities.
ServiceTitan's planned acquisition of Conduit Tech represents a strategic integration of complementary technologies that could materially enhance its value proposition to HVAC contractors. Conduit's LiDAR-powered platform transforms the traditional contractor sales process by enabling rapid 3D modeling, load calculations, and visualizations in minutes rather than hours or days.
The technology addresses several critical pain points for HVAC contractors: technical accuracy through ACCA Certified Manual J calculations (essential for permitting), sales enablement through photo-realistic visualizations, and operational efficiency by allowing technicians to serve more customers daily without additional staffing. This efficiency-focused approach aligns perfectly with ServiceTitan's core mission of empowering trades businesses with productivity-enhancing software.
What makes this acquisition particularly valuable is how it positions ServiceTitan competitively in the evolving HVAC market. As energy efficiency regulations tighten and homeowners become more discerning about HVAC installations, contractors need tools that deliver both technical precision and compelling customer presentations. By integrating Conduit's technology with its existing AI automation suite, ServiceTitan is building a comprehensive ecosystem that addresses the entire contractor workflow from customer acquisition through project completion.
The acquisition timing suggests ServiceTitan is preparing for the next wave of HVAC industry transformation, where data-driven approaches and customer experience differentiation become key competitive advantages for contractors. With Conduit's founders joining the team, ServiceTitan gains domain expertise alongside technology, potentially accelerating integration and market adoption.
LOS ANGELES, Sept. 18, 2025 (GLOBE NEWSWIRE) -- ServiceTitan (Nasdaq: TTAN), the software platform that powers the trades, today announced that it has entered into a definitive agreement to acquire Conduit Tech, an HVAC design and sales platform that leverages next-generation LiDAR technology, to build permit-ready load calculations and drive customer engagement. Through this acquisition, ServiceTitan will integrate Conduit’s sales proposal and enablement tools with its suite of AI automation products, empowering contractors with fast and accurate measurement tools and custom visualizations that deliver both technical accuracy and an exceptional customer experience homeowners can trust.
“One of the most powerful ways contractors win business today is by delivering a modern and data-backed experience for home and business owners,” said Ara Mahdessian, CEO and co-founder of ServiceTitan. “Conduit makes that possible by taking the manual work out of assessments and proposals, giving technicians the ability to generate accurate, professional presentations in minutes. That means they can spend more time building relationships with homeowners, leading to stronger sales conversations, higher conversion rates, and better ROI for contractors.”
Built specifically for HVAC contractors, Conduit’s LiDAR-powered platform allows technicians to create 3D models, load calculations and visualizations onsite in minutes, providing fast and accurate measurements of a home's interior and potential system designs. This increased efficiency enables technicians to serve more homes per day, present the ideal options to customers and increase revenue potential without adding staff, all while driving stronger sales performance.
Conduit’s platform equips HVAC contractors with:
- Fast and accurate LiDAR scanning so detailed proposals can be created in minutes.
- Custom visualizations that easily educate homeowners with photo-realistic renderings of HVAC units and system designs.
- HVAC specific workflows designed for technicians to capture data and incorporate third-party data like local weather requirements.
- ACCA Certified Manual J HVAC load calculations powered by ACCA Manual J® that are usable for government required permitting processes.
- Tools to assist in training sales teams so they’re able to quickly elevate their performance and drive stronger business growth with confidence and professionalism.
Founded in 2022 by Marisa Reddy and Shelby Breger, Conduit was built for contractors to quickly and profitably design, sell, and install high-efficiency HVAC systems.
“Conduit was founded on a mission to empower technicians with the technology they need, and for business owners to set themselves apart from the competition, “ said Marisa Reddy, co-founder of Conduit Tech. “Like ServiceTitan, our team is obsessed with giving contractors the tools they need to build trust, drive revenue, and deliver exceptional service and solutions every day. I look forward to partnering with the ServiceTitan team as we work together to further modernize this critical industry, and make the lives of contractors we work with easier.”
Transaction Details
The transaction is subject to the satisfaction or waiver of customary closing conditions and is expected to close in ServiceTitan’s fiscal third quarter 2026.
About ServiceTitan
ServiceTitan is the software platform that powers trades businesses. The company’s cloud-based, end-to-end solution gives contractors the tools they need to run and grow their business, manage their back office, and provide a stellar customer experience. By bringing an integrated SaaS platform to an industry historically underserved by technology, ServiceTitan is equipping tradespeople with the technology they need to keep the world running.
About Conduit
Conduit Tech is a LiDAR-powered design and sales platform built for HVAC contractors. Using just an iPad, contractors can scan homes, generate 2D floorplans and 3D models, perform ACCA-certified load calculations, and visualize installations in under 15 minutes. The platform transforms complex designs into professional, customer-friendly reports and AR visualizations that build trust and help close more sales.
Press Contact
Max Wertheimer
ServiceTitan, Inc.
Press@servicetitan.com
© 2025 ServiceTitan. All rights reserved. ServiceTitan, the ServiceTitan logo, and all ServiceTitan product and service names mentioned herein are registered trademarks or unregistered trademarks of ServiceTitan, Inc. in the United States and other countries. Other brand names and marks mentioned herein are for identification purposes only and may be the trademarks of their respective holder(s).
Forward Looking Statements
This press release contains forward-looking statements within the meaning of the Securities Act of 1933, as amended, the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical facts contained in this press release may be forward-looking statements. In some cases, you can identify forward-looking statements because they contain words such as “anticipate,” “believe,” “contemplate,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential” “predict,” “project,” “should,” “target,” or “will,” or the negative of these words or other similar terms or expressions that concern ServiceTitan’s expectations, strategy, plans or intentions. Forward-looking statements in this release include, but are not limited to, statements regarding ServiceTitan’s acquisition of Conduit Tech; statements regarding the future performance of ServiceTitan and Conduit Tech; the ability of the transaction to integrate Conduit’s products and features into ServiceTitan’s platform; the anticipated benefits of Conduit, its products, and its features or the anticipated benefits of the transaction for ServiceTitan and its customers; and the timing of any of the foregoing. ServiceTitan’s expectations and beliefs regarding these matters may not materialize, and actual results in future periods are subject to risks, uncertainties, and other important factors that could cause actual results to differ materially from those projected, including those more fully described under the caption “Risk Factors” in ServiceTitan’s Quarterly Report on Form 10-Q for fiscal second quarter 2025 ended July 31, 2025 as filed with the SEC on September 10, 2025, which should be read in conjunction with this press release. In addition, other factors include, but are not limited to: the expected timing to complete the pending transaction; filings and approvals relating to the pending transaction; and the ability to complete the pending transaction considering the various closing conditions. We cannot assure you that the results, events, and circumstances reflected in the forward-looking statements will be achieved or occur, and actual results, events, or circumstances could differ materially from those described in the forward-looking statements. Investors are cautioned not to place undue reliance on these statements.
The forward-looking statements in this release are based on information available to ServiceTitan and Conduit Tech as of the date hereof, and neither party undertakes any obligation to update any forward-looking statements, except as required by law.
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