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

Homepros

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

U.S. HVAC revenues eclipse $150 billion, report shows

U.S. HVAC revenues eclipse $150 billion, report shows

The first in a two-part series of takeaways from HARDI's 'State of the Channel' report, including industry trends, data, and contractor input

AHRI calls on industry to protect HVAC tax credit

AHRI calls on industry to protect HVAC tax credit

The incoming Congress is considering eliminating certain tax credits, including the industry-favored 25C credit, to pay for a tax bill

What Amazon Can Teach HVAC Contractors About Company Culture

What Amazon Can Teach HVAC Contractors About Company Culture

Some of the highest-performing companies in the world have weird cultures