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Consolidation trend Feb 2020 Verified

PE-backed Reedy Industries acquired four HVAC firms in a single year

Reedy Industries, a PE-backed HVAC contractor, acquired four other firms in the year, with its CEO describing the expansion opportunity as 'beyond massive.'

“Reedy Industries is an HVAC contractor backed by PE money that has acquired four other firms this year alone. CEO Joe Kirmser described the opportunity for expansion as “beyond massive.””

Entities

Reedy Industries · Acquirer
HVAC
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.