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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.