Does anyone have experience with HVAC and/ or refrigeration businesses?

by a searcher from Dartmouth College

5 years ago

I'm in diligence of an attractive B2B HVAC and Refrigeration company (B2B; not cyclical; maintenance contracts); however, I'm concerned that I do not have an engineering or technical background. Does anyone have experience buying and operating a company where they would be 100% reliant on their workforce to deliver technical service to clients? 

Additionally, recruiting a blue collar, skilled workforce is challenging. I'm interested to hear about anyone's experience recruiting such talent. 

Thank you in advance for any thoughts 

7 likes
194 views
5 comments

searcher from INSEAD

Hi, I bought an HVAC business, and executed a buy & build-up strategy. The group has been sold to a major Energy company. You definitely need a partner who knows the business and how to manage the blue collar workforce, if you're not used to it.

5 years ago | like reply | 4 likes

searcher from The University of Chicago - Booth School of Business

Happy to share notes with you as I am looking into a similar business: HVAC and Refrigeration.

5 years ago | like reply | 0 likes

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