Consolidation trend Jan 2018 · United States
MORSCO signals return to acquisition-led growth in 2018
MORSCO's CEO states the company will return to growth mode in 2018 and look to acquire additional businesses aligned with its long-term strategy, after a prior 13-acquisition track record, signaling continued distributor roll-up activity.
“As we begin 2018, we will return to growth mode and look to acquire additional businesses that align with MORSCO’s long-term strategy.”
Entities
MORSCO Inc. · Acquirer
HVACPlumbing Sentiment: Positive
Source: www.achrnews.com
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.