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.
An exit strategy is a contingency plan for a person to exit a business in the event that it meets a substantial profit or it becomes no longer profitable. Investors, business owners, traders, or venture capitalists may plan exit strategies when become involved with a business. The purpose of an exit strategy is to limit losses or maximize personal profit when the exit occurs.
Robertson Heating Supply (RHS) is pleased to announce it has completed a definitive letter of intent to purchase the assets of MacDonald Supply. MacDonald Supply is a 55-year-old, 2nd generation distributor operating three Ohio locations in Findlay, Defiance and Bellefontaine.
Northeastern Supply announced the newest addition to the Northeastern Family located in Toughkenamon, Pennsylvania by acquisition of Jenkins & McMahon Plumbing Supply.
The Beringer Group, an independent business advisory firm, announced that its client, Delwood Supply, has finalized the sale of their company to Progressive Plumbing Supply Company.
Together with Hajoca’s philosophy of supporting teammates as they “live into their dream” and Larson’s focus on their core values of Learning, Attitude, Results, Service, Collaboration and Integrity.
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.
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.