Barely a week goes by that doesn’t bring news that an HVACR company has been purchased — sometimes by another business in the industry that’s looking for a competitive advantage, sometimes by an investment firm whose officers might be new to HVACR and may bring new ideas about how the business should be run.
At Heating Air-Conditioning & Refrigeration Distributors International (HARDI), mergers and acquisitions are among three major topics of conversation — the other two being supply-chain problems and the labor shortage, said Zachary Perge, the organization’s vice president of distribution strategies.