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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

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.