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Consolidation trend Jan 2025 Verified

PE-driven distributor consolidation reshaping HVACR distribution

Distribution executives describe heavy private-equity-driven consolidation of HVACR distributors, with many distributors being bought by PE, manufacturers, and out-of-industry distributors.

“We are seeing a ton of different distributors get purchased from private equity, manufacturers, and other distributors from different industries. The positive side for us: In our markets, we have seen less trust and faith in those distributors who sell, and that leads to an uptick for us, a private, family-owned distributor.”
HVACRefrigeration Sentiment: Mixed
Source: ACHR News, Jan 2025, p.24 (OCR)

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