Goettl Air conditioning, a leading heating, ventilation, and air conditioning company in Phoenix, Las Vegas, and Tucson, has announced the acquisition of another HVAC company, Walton’s Heating and Air. The announcement follows over two years of talks between Goettl and the South California-based Heating and Air Company. However, details of the transaction were not disclosed.
The acquisition will allow Goettl to expand its services beyond Las Vegas, Tucson, and Phoenix into the lucrative California market. According to Todd Longbrake, the owner of Walton’s, the acquisition will also benefit his company, as it will now have the financial muscles needed to expand its operation to other markets. The company could have taken much longer to achieve such growth. He said that although he had tried his best to grow the family business, the opportunity provided by Goettl best suited the firm. Visit achrnews.com to know more.
According to Longbrake, Goettl first made contact with the company in 2015. Goettl’s owner, Ken Goodrich, had expressed his interest to acquire the company. However, Todd turned down the offer. However, Longbrake embarked on a research on the personal and career life of Ken Goodrich. Moreover, he sought for more information about his company. After gathering adequate information about Ken, Todd could not turn down the second offer when Goodrich returned with another deal in the same year. Todd contends that it was worth giving Ken and Goettl a chance. This information was originally reported on Biz Journals as highlighted in the following link https://www.bizjournals.com/phoenix/news/2017/06/28/goettl-ac-acquires-socal-based-hvac-company.html
Since 2015, Longbrake’s company has been able to grow ten-fold. After completion of the acquisition, Todd would join Goettl as the sales manager and field supervisor. Goodrich notes that the executive leader fits well into Goettl’s culture. Longbrake is contended with the success of the corporation. Check out indeed.com for more info.
About Goettl Air Conditioning
Goettl Air Conditioning is a Phoenix-based heating, ventilation, and air conditioning company. The company was founded over eight decades ago. Today, it ranks as one of the leading HVAC companies in the world. Goettl offers a wide variety of services, including ventilation duct cleaning, air purification, maintenance, and repair services. The company’s services are of high quality considering that they recruit highly trained and experienced technicians. The purchase of the company by Ken Goodrich saw the company report a high growth rate owing to acquisitions and expansions. The company is not slowing down. They are planning to add 200 more employees on top of the 306 existing employees. The acquisition of Walton’s and other companies has enabled Goettl to enhance its productivity and profitability margins. For more details visit glassdoor.com