Sitestar Builds HVAC Roll-Up Platform in Arizona

Sitestar is executing a roll-up strategy in the Arizona HVAC market, acquiring multiple companies and integrating them under Nathan Reid and Alejandro Garrido. The company notes extreme seasonality in the Arizona market and expects lumpy, non-linear results typical of HVAC consolidators.

“Our HVAC companies are all located in Arizona and are subject to extreme seasonality. When the weather is mild, our aim is to break even or lose as little money as possible. When the heat comes, all hands are on deck.”

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