M&A advisor predicts 2025 rebound, especially strong in HVAC

Quin Carlson of Uplift Partners told HARDI members that M&A activity is set to rebound in 2025, especially in HVAC across manufacturers, distributors, and contractors, after a 25% deal decline through the first three quarters of 2024.

“Inflation, higher interest rates, and election uncertainty are among the factors that have kept many investors cautious for a while, but mergers and acquisitions (M&A) activity is set to rebound in 2025. That activity should be especially strong in the HVAC sector, across manufacturers, distributors, and contractors.”

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