Market commentary Jul 2024 Verified
Broker warns HVAC owners on unsolicited PE buyout offers
An HVAC-specific business broker describes how HVAC company owners receive frequent unsolicited solicitations from private equity firms and brokers, and advises owners not to respond to such offers because the buyers' strategy is designed to acquire companies at the lowest possible price.
“his happens to HVAC company owners every week. I've talked to owners who get dozens of solicitations a year from private equity firms and brokers who'd like to talk about buying their business.”
HVAC
Source: ACHR News, Jul 2024, p.34 (OCR)
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