Contractor Consolidation: A History Lesson and a Cautionary Tale

摘要

There has been a considerable amount of discussion in print and on social media recently regarding the trend of consolidation in the HVAC industry. This is not the first time we've seen this trend, 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.