Consolidation trend Sep 2010 · North America
Clockwork CEO signals wave of acquisitions and consolidation ahead
Clockwork CEO Jim Abrams framed the post-acquisition environment as creating rapid acquisition opportunities, with increased capital for franchise expansion and the acquisition of non-franchised contractors.
““These unique acquisition opportunities will happen quickly. Circumstances such as these have only happened one other time in my 36 year career,” said Abrams. “There is a lot of capital, a lot of cash, and a lot of acquisitions to be done.””
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Source: www.achrnews.com
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