R.S. Andrews building a multi-state home-service roll-up targeting public ownership

R.S. Andrews reported 20 companies in the fold with letters of intent on 14 others across 19 cities in 11 states, framing the acquisitions as part of a plan to reach $300 million in revenue and go public in 2001.

“Pederson said that R.S. Andrews now has 20 companies in the fold and letters of intent with 14 others. The acquired contractors are in 19 cities scattered throughout Maryland, Virginia, North Carolina, South Carolina, Georgia, Florida, Tennessee, Alabama, Texas, Kansas, and Missouri. They are currently in negotiations in California and Louisiana.”

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