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Market commentary May 2024 · United States

Distributors weigh in on industry consolidation and PE buying slowdown

In the ACHR News Top 30 Distributors survey, executives commented on consolidation's impact. One distributor said consolidation is destroying long-term relationships in favor of national agreements; another said HVAC company purchases by private equity firms have slowed because of higher interest rates.

“"Consolidation is starting to have a significant impact on the industry. Long-term successful relationships are being destroyed in favor of national agreements, and price is being favored over value in those situations," said Terrance Tarantine, vice president of sales at Young Supply Co., in Chester-”

Entities

Young Supply Co. · Mentioned
HVAC Sentiment: Negative
Source: ACHR News, May 2024, p.30 (OCR)

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