Southern HVAC built via buy-and-build; fragmented residential services industry

MSouth described building Southern HVAC into one of the largest residential HVAC platforms in the South and Midwest through organic growth and a buy-and-build strategy, while management cited the highly fragmented residential HVAC/plumbing/electrical industry.

““Residential HVAC, plumbing, and electrical services remains a highly fragmented industry, with demand growth being driven as consumers spend more time in their homes,” said Benak.”

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