Consolidation trend Jul 2000 · USA (Southeast/multi-state) Verified
R.S. Andrews roll-up targeting $300M revenue and IPO by 2001
R.S. Andrews has 20 companies in the fold plus letters of intent with 14 others across 11 states, aiming to grow acquired revenues from $100M to $300M and go public in April/May 2001.
“the new acquisitions are part of an overall plan to prepare the company for eventual public ownership.”
Entities
R.S. Andrews · Acquirer
ElectricalHVAC
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