Acquiring Minds

What to Love About HVAC Acquisitions

Mar 28, 2022 · 46 min · 44.5 MB
0:00-46:19

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Nathan Lenahan acquired an HVAC company with ~$1.2m in revenue for $400k. He's aiming to double sales in 2022 to $2.72m. 

Themes from Nathan’s interview:

  • The appeal of HVAC over other businesses in the trades
  • All the numbers behind Nathan's acquisition
  • Benefits of “buying small” in the SMB acquisition world
  • High professional satisfaction for skilled trades 
  • Acquiring an HVAC business without industry knowledge
  • The importance of first-rate customer care
  • Leveraging multiple acquisitions to create a platform for easier home ownership

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