Add-On Acquisition Strategy for Retiring Owners

For HVAC owners looking to retire without a successor, the advice is to seek a large private equity platform already holding a significant portfolio of HVAC businesses that can tuck in a smaller $10 million company.

“If you do not and are looking to retire, you should be looking for a big private equity platform that has already acquired a fair amount of HVAC businesses. You are looking for someone who is doing $250 million and can add your $10 million to tuck you into the company.”

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