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Consolidation trend Nov 2021 · Northern California Verified

Bonney's Strategy to Build Regional Leader via Founder-Owned Acquisitions

Bonney stated its plan to invest in several founder-owned companies over the next few years to build a regional leader in home services. This follows their September acquisition of Big Air Heating & Air Conditioning to expand into the Bay Area.

“Bonney plans to invest in several founder-owned companies over the next few years to build a regional leader in home services. To that end, in September Bonney acquired Concord-based Big Air Heating & Air Conditioning, expanding their territory into the Bay Area.”

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ElectricalHVACPlumbing Sentiment: Neutral

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.