Labor Department’s overtime pay rule struck down
The rule would have extended overtime pay eligibility to an additional four million U.S. employees
Home services expected to remain resilient in 2025
Jobber's Q3 Home Service Economic Report highlights contractor trends and offers insight into what's next for home services
There's a rosy case to be made for the HVAC industry next year, but Any Hour's prepping for it to look a lot like this year
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Economy
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Home services expected to remain resilient in 2025
Jobber's Q3 Home Service Economic Report highlights contractor trends and offers insight into what's next for home services
AHRI reports September HVAC shipments, marking six consecutive months of gains
Just over 900,000 combined central air conditioners and heat pumps were shipped in September, up 18% from last year
HARDI distributor revenues up 2% in September
September was the sixth consecutive month that the rate at which its distributors' sales grew was positive, following a stagnant four months from December 2023 to March
Our most-read stories of October
Q&As, dispatching, private equity, and more
Legal
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Labor Department’s overtime pay rule struck down
The rule would have extended overtime pay eligibility to an additional four million U.S. employees
D.C. is changing. What’s ahead for the HVAC industry?
Since former President Trump won the election, a sea of changes, several of which will impact the HVAC industry, has been swirling in D.C.
Colorado, Michigan launch IRA rebates, bringing active total to nine states
In just the past two months, the number of states with active programs has grown from two to nine
Why renting HVAC equipment in the U.S. isn’t as popular as in Canada — yet
Rentals gained significant traction in Canada as a compliment to gas services
M&A
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Goldman Sachs’ private equity arm to acquire Sila Services
The deal values the company at about $1.7 billion, or ~17x its 12-month EBITDA of just under $100 million, according to a few people familiar with the matter
Our most-read stories of October
Q&As, dispatching, private equity, and more
Post Close: “I felt like they left me out here on an island,” says contractor
Post Close is a monthly series anonymously highlighting the thoughts of HVAC contractors who have sold their businesses to a private-equity-backed platform
Q&A: Multiples, IPOs, and what’s next in HVAC M&A
A couple weeks ago, I chatted with Will Schryver, a former investment banker currently putting together his own residential HVAC platform, about all things M&A-land
Management
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Any Hour Group watching inflation, playing offense in 2025
There's a rosy case to be made for the HVAC industry next year, but Any Hour's prepping for it to look a lot like this year
Q&A: The benefits of remote CSRs with AnswerForce
As a business owner, you’re practically a superhero. But unfortunately, you and your team can’t be awake 24/7
Our most-read stories of October
Q&As, dispatching, private equity, and more
Peterman Brothers betting on technician development, virtual sales in 2025
On an hour-long Zoom call, CFO Michael Sullivan and COO Andrew Hasty walked me through the company's key bets for next year
Technology
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ServiceTitan mulling IPO before year-end
The company has been waiting for "favorable market conditions," according to an investor
Our most-read stories of October
Q&As, dispatching, private equity, and more
Peterman Brothers betting on technician development, virtual sales in 2025
On an hour-long Zoom call, CFO Michael Sullivan and COO Andrew Hasty walked me through the company's key bets for next year
Humor and big bucks: Tackling the HVAC industry’s labor crunch
A Q&A with Ruchir Shah, founder of SkillCat, a digital education company that's enrolled over 300,000 students in its skilled trade programs