X Squared

Buy and build great investments.

We invest in the companies and real estate that America is built on.

What we buy

Two doors. Pick the one that fits.

Trades companies
HVAC, plumbing, and electrical — and related construction trades when the fit is right. Owner-operated shops we can buy and run.
Land and buildings
Land we can develop and buildings that already exist. We care about cash flow from day one, in markets we know.

What we look for

People. A well-run shop. Work that matters.

People First
  • Great operators
  • Great cultures
We look for owners and teams who care how work gets done — and we keep that culture intact when we buy.
Well-run Business
  • Clear model
  • Strong ops
  • Solid processes
The business has to make sense on paper and in the field. We buy shops that already run well — then help them get better.
Services We Need
  • Work that matters
  • Trades and construction
HVAC, plumbing, electrical, and construction work America actually needs. That’s the lane.

We help great companies grow and scale. Number one focus: build platforms that take care of the people who work there and the people they serve.

Next step

If you’re thinking about selling, just say so.

Tell us about your company or a property. We’ll read it and get back to you.