May’s most popular stories
Our five most-read stories of the month, including three tablespoons of M&A and two teaspoons of R-454B moves
Image: Homepros
As the first week of June comes to a close, here’s a look at our five most-read stories of May, which turned out to be quite a newsy month:
Redwood Services to land majority investment in $1.1 billion deal. “The investment will enable Redwood to further strengthen its infrastructure, expand strategic partnerships, accelerate tuck-in acquisitions across the U.S., and continue to help its local brands operate at the highest level.” (Full story)
Columbia Home Services, P1 Service Group near merger. “The deal will mark the third platform-level HVAC transaction this year… and represents the first true merger between established groups.” (Full story)
Air Pros lines up buyers in bankruptcy case, docs show. “The ‘legacy’ Air Pros business, which includes a slew of brands primarily based in Florida, is set to be purchased by founder Anthony Perera’s private equity firm, Exuma Capital Partners.” (Full story)
Carrier to boost pre-charge in R-454B units, absorb extra costs. “The company will start ‘increasing the amount of refrigerant pre-charged in residential ducted splits from our standard 15 ft line set to 30 ft on most units,’ it said. ‘Light commercial splits and ductless units are not impacted.’” (Full story)
Chemours ‘pulling out all stops’ amid R-454B issues, CEO says. “R-454B demand ‘has been even higher than expected as stationary OEMs… experience increased sell-through demand,’ CEO Denise Dignam explained. This has created ‘pressure on various areas of the supply chain, noticeably around cylinders.’” (Full story)
Keep reading
Push-pull over gas appliance bans intensifies
U.S. cities and states are in a back-and-forth over the banning of natural gas appliances, including HVAC equipment, in newly constructed homes
HARDI launches online hub for HVAC advocacy
The association has launched a ‘Grassroots Advocacy Center,' allowing contractors and distributors to send comments directly to federal and state officials
Google tweaks Local Services Ads, will analyze calls to collect contractors’ pricing info
The company published a new set of terms, giving it the right to analyze all data within LSA profiles, including phone calls, per an email


