Articles Tagged with ''mergers and acquisitions''

Many U.S. businesses across a variety of sectors have experienced new challenges over the last year — this is particularly true for those in the mechanical, engineering, and plumbing (MEP) industries. In early 2022, the MEP sector saw labor shortages and supply chain disruptions lead to increased labor and material costs, while later in the year and early into 2023, businesses are experiencing slowing demand for building and renovation. Unsurprisingly, this dynamic has culminated in constantly fluctuating profit margins for many MEP business owners.

The benefits of buying companies are vast. In this article, I will explore the reasons for buying a company today that will benefit your company in the future. There is an entire industry built around the idea of “buy to sell,” — private equity.

 As 2022 comes to a close it is now time to review my predictions from last year as well as predict ten more trends I see as we enter 2023. Just like last year, I will stay away from prognosticating about where the stock market will be at this end of the year; instead, I will stick to identifying trends that supply houses will find important in this upcoming year. With all that being said, let's jump right in and review my 2022 predictions.

Matco-Norca will continue to operate separately as a wholly-owned subsidiary of NIBCO INC., and its leadership team will remain in place.  

The technology of Hybrid Energy will provide new, cost-effective solutions to customers while addressing decarbonization and sustainability efforts in Europe and beyond.

This acquisition is the latest in a series of partnerships made by Goettl with HVAC and plumbing companies to expand its reach and bring its services to new markets.

Ryvit expands the capabilities of Trimble Construction One, a connected, cloud-based construction management platform that drives speed, efficiency, and accuracy at each phase of the construction project life cycle. 

Williams Distributing, Co., a distributor for heating, ventilation and air conditioning (HVAC) equipment and residential building products in the Great Lakes region, has been acquired by Daikin Comfort Technologies North America.

Both acquisitions are a part of Goettl’s “Goettlize the Nation” strategy and will serve as significant additions to Goettl’s market presence.

This past year has been an unprecedented year for the mergers and acquisitions (M&A) space, hitting $5 trillion in volume in 2021 through over 40,000 transactions. The number of transactions in the distribution and manufacturing space has caused owners to take a closer look at their options regarding selling and/or acquisition options.