A few months ago, I wrote about Home Depot’s acquisition of Mingledorff’s and what it could mean for the future of HVAC/R distribution. Now we have another piece of the puzzle. This week, SRS Distribution announced its agreement to acquire Lohmiller & Co., a Denver-based HVAC/R distributor with four Colorado locations and approximately 220 employees. SRS, of course, … [Read more...] about Home Depot’s HVAC/R Strategy Is Getting Bigger
acquisition
Resilience is Key to Maximizing Selling Price
While many think that there will be a number of distributors, and maybe some manufacturers, that close due to COVID-19, perhaps the bigger impact will be on distributors who survive now, hoping for brighter days, but who only survive, struggle and ultimately sell in the next three years. Resilience is the the key to maximizing your selling price. This was the point of a … [Read more...] about Resilience is Key to Maximizing Selling Price
Using M&A to Change Paradigms
Every year there is much talk about M&A (mergers and acquisitions). Some companies forecast it into their budget. For some it is part of their culture to always be seeking opportunities. Some it is a new growth venture. But each year there is talk about “who will by who” and “continued consolidation.” We’ve seen it with distributors, historically many manufacturers have … [Read more...] about Using M&A to Change Paradigms
Acquisitions – Pieces of a Puzzle …Border States and Womack
Monday marked the day that Amazon closed on its Whole Foods acquisition and that Border States closed on its Kriz Davis acquisition. Both provided the acquirer strategic opportunities to increase their footprint and become pieces of a puzzle to become national. As many recall, last month Border States announced it was going to acquire the $200M Kriz Davis business while … [Read more...] about Acquisitions – Pieces of a Puzzle …Border States and Womack
