Owner recounts failed 1999 sale to utility-backed consolidator

A reader comment recounts his father selling the family HVAC business to a utility-backed consolidator in 1999 that did not work out well, while expressing hope this round of consolidators learned from the 1990s.

“My Dad sold his family business to a utility-backed consolidator in 1999 while I was in the ACCA national board. It did not work out well.”

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