There has been a considerable amount of discussion in print and social media recently regarding the trend of consolidation in the HVAC industry. This is not the first time, so I thought it might be worthwhile to review some of the history that occurred with the consolidation efforts of the 1990s.
Starting in the early to mid-1990s and continuing through the rest of the decade, consolidation came to the forefront. Several factors fueled the consolidation efforts. A major one was a large number of contractors who had been involved in the business for years were looking for a method to cash out.