Higher interest rates slowing debt-financed HVAC acquisitions

Leap CEO John Cerasuolo observes that higher interest rates over the prior ~18 months have slowed HVAC acquisitions, particularly for buyers taking on debt, though Leap is well-capitalized with low debt.

“Ceresuolo sees the higher interest rates of the last 18 months or so as having slowed HVAC acquisitions, particularly among buyers that are taking on debt.”

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