Market commentary Jul 2024 Verified
PE Firms Run Multiple Brands Under Same Ownership
In some markets, PE firms acquire multiple local HVAC companies but continue to operate them under their original names. This can lead to consumers unknowingly receiving quotes from the same corporately-owned entity.
“In some markets, it's actually possible for a consumer to get three quotes and actually be getting three quotes from the same corporately-owned company.”
HVAC Sentiment: Negative
Source: www.achrnews.com
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