Morgan Stanley exploring $1.5 billion Sila Services sale
The potential sales price implies a roughly 15x multiple of the company's near-$100 million EBITDA, according to Reuters
Economy
ServiceTitan inks partnership with Authority Brands
The company will become the go-to software provider for all One Hour, Benjamin Franklin, and Mister Sparky franchises
Carrier, Trane CEOs speak at Laguna Beach conference
"The Daves" chatted with Morgan Stanley's Chris Snyder about company financials and 2025 opportunities
July HVAC shipments up 22%
Central AC and heat pump shipments rose 22% year-over-year in July, and year-to-date shipments increased by 3% from 2023
HARDI distributor sales pop 10% in July
July marked the fourth consecutive month that the rate at which its distributors' sales grew was positive
The ripple effect: How distributor consolidation could impact contractors
Like with all consolidation, there are pros and cons. But in this case, two factors stand out
Rheem to buy Nortek Global HVAC
This marks the second major OEM deal announced in the past two months
U.S. cooling demand holds steady in August
The U.S. notched 314 CDDs in August, down 0.6% from August 2023
Our most-read stories of the summer
A roundup of our five most-read stories from June to August
Interest rates, housing, and HVAC: A look at Jobber’s home service report
Jobber's Home Service Economic Report includes trends and insights from contractors on its platform