Consolidation trend Nov 2009 · Florida
Smith Services' stated strategy: buy up struggling HVAC competitors
Per Inc. Magazine, Smith Services' objective is to buy up HVAC competitors struggling due to the economic slowdown, providing a transition for the customers of failing contractors.
“Its objective, according to an item in Inc. Magazine , is to “buy up HVAC competitors who are struggling because of the economic slowdown.””
Entities
Smith Services · Acquirer
HVAC
Source: www.achrnews.com
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.