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Consolidation trend Sep 2009

Contractors acquiring struggling contractors in down economy

ACHR editorial notes a trend of HVACR contractors acquiring struggling contractors during difficult economic times, with one contractor being particularly aggressive in growing his business via acquisitions.

“I’m putting the final touches on a story about contractors who are acquiring struggling contractors in these challenging economic times.”
HVACRefrigeration

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.