Sector IntelligenceBern

VALUATION DIAGNOSTIC
HVAC (Heat Pump / Green Energy)

Specific market analysis for HVAC (Heat Pump / Green Energy) companies based in Bern.

Pro-Forma Valuation

Market demand in Bern for HVAC (Heat Pump / Green Energy) assets remains strong.

KEY DRIVER

"Regulatory mandates (GEG), energy transition."

Local Multiples (Est.)

4.0 - 6.0x Statutory

Valuation Impact by Size (DACH 2025)

Size BucketMultiple RangeImpact
Micro (< CHF 1M EBITDA)2.5x - 3.4x-33.3%
Small (CHF 1M - 2M EBITDA)3.5x - 4.7x-6.7%
Transition (CHF 2M - 5M EBITDA)4.3x - 5.8x+11.1%
Lower Mid-Market (CHF 5M - 10M EBITDA)5.8x - 7.8x+33.3%
Mid-Market (> CHF 10M EBITDA)7.3x - 9.9x+66.7%

Source: NIMBO, Dealsuite, KPMG, SECA, Practitioner Interviews // Niche Baseline: 5x

HVAC (Heat Pump / Green Energy) Market in Bern

Bern — known for a strong industrial base, leading MedTech infrastructure — represents a significant market for HVAC (Heat Pump / Green Energy) companies in Switzerland. The local business environment is shaped by the canton's economic profile, offering distinct opportunities for both buyers and sellers in this niche.

Current EBITDA multiples for HVAC (Heat Pump / Green Energy) businesses range from 4.0 - 6.0x (statutory) to 5.5 - 8.5x (deal), reflecting a moderate arbitrage opportunity. The sector trend is rising, driven by: Regulatory mandates (GEG), energy transition. This positions Bern as a notable market within the broader Building & Infrastructure sector.

BernEconomy Snapshot

Corporate Tax 2026
20.54%
Rank 26/26
Enterprises 2024
70,948
99.7% SMEs
Unemployment
2.2%
SECO, Aug. 2026
Median Wage
CHF 6,964
/month, Espace Mittelland 2024
Board Paralysis Risk
14.0%
of audited companies

Why HVAC (Heat Pump / Green Energy) in Bern?

In Bern, the Construction & building trades sector had 5,601 workplaces and 42,111 jobs in 2024, 6.2% of all jobs in the canton (1.0× its share in Switzerland). Source: BFS STATENT.

  • Seat of the federal government: public administration provides 6.9% of jobs, the highest share of any canton
  • Headquarters of SBB, Swiss Post and Swisscom, and of the Insel Gruppe university hospital group
  • Life-science and food manufacturing with CSL Behring in Bern, Ypsomed in Burgdorf and Wander in Neuenegg

Tax Impact on Valuation

Bern's maximum effective corporate tax rate is 20.54% in 2026 (KPMG), rank 26 of 26 cantons, where 1 is the lowest. A company there keeps CHF 79.46 of every CHF 100 of pre-tax profit, which feeds directly into the after-tax cash flows a HVAC (Heat Pump / Green Energy) buyer pays for.

FAQ: HVAC (Heat Pump / Green Energy) in Bern

How many HVAC (Heat Pump / Green Energy) companies are in Bern?

According to BFS STATENT 2024, Bern had 5,601 workplaces in the Construction & building trades sector, employing 42,111 people (6.2% of all jobs in the canton).

What is the corporate tax rate in Bern?

KPMG's Clarity on Swiss Taxes 2026 puts the maximum effective corporate income tax rate in Bern (federal, cantonal and communal taxes combined) at 20.54% (2025: 20.54%): the highest of the 26 cantons (Swiss average: 14.43%). The maximum income tax rate for a single person, including federal tax, is 40.85%: rank 23 of 26, counting from the lowest rate (average: 33.04%). Bern applies a three-tier rate, with lower rates on profits up to at least CHF 66,800.

What are HVAC (Heat Pump / Green Energy) valuation multiples in Bern?

Current statutory EBITDA multiples for HVAC (Heat Pump / Green Energy) range from 4.0 - 6.0x. Deal-based multiples are 5.5 - 8.5x. These are influenced by Bern's tax environment and local market conditions.

What is the business succession outlook in Bern?

ValIndex's national board-paralysis study (June 2026) covers 1,819 audited companies registered in Bern. For 255 of them (14.0%), no one would be left able to sign for the company if the principal signatory died: the 7th-lowest share of the 26 cantons (Switzerland: 32%). Of 1,637 substantive GmbHs with a registered seat in Bern, 55.6% belong to a single person (the 8th-lowest share of the 26 cantons; Switzerland: 55.5%), according to ValIndex's July 2026 ownership study.

Explore all industries in Bern

Canton hub: tax data, industry composition, key employers

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Full Swiss market analysis across all 26 cantons, including comparable M&A transactions and sector trends.

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