The plumbing and heating industry is not unlike many other mature industries experiencing large scale consolidation. Individual companies competing in mature, highly fragmented industries have limited opportunities for growth. Their growth is limited to either the growth of the existing customer base or to the growth of the overall economy.
Meanwhile, consolidators such as American Residential Services, Service Experts, Comfort Systems USA and GroupMac see enormous opportunities to enhance their market position as leading providers by growing through acquisition and implementing a national operating strategy that enhances internal revenue growth and profitability.