Goettl Announces The Acquisition Of The Southern California-Based HVAC Company, Walton’s Heating And Air
Goettl Air Conditioning announced that they had acquired Walton’s Heating and Air. The family owned firm is based in Southern California. Goettl did not disclose the financial details of the deal that allows them to begin solidifying their client base in California. Additionally, the acquisition will enable Walton’s to have significant growth than what Todd Longbrake, its owner, could accomplish on his own. Presently, Goettl has active operations in Las Vegas, Tucson, and Phoenix.
Longbrake said that they had taken Walton’s as far as they could take it. However, they remained stagnant. When Goettl initially showed interest in buying the family owned business in 2015, Longbrake was not quick to jump onboard. However, after hearing hopeful comments from other people in the HVAC industry about the company and its owner, Ken Goodrich, he decided to give it a go.
Goettl’s acquisition of Walton’s was finalized in 2015. According to Longbrake, they have grown tenfold. Todd has been retained in the company where he works as the sales manager and field supervisor. Goodrich notes that Todd has assimilated into Goettl’s culture almost at once and has also become a leader within their organization. Visit reviewbuzz.com for more info.
Although the deal was completed in 2015, Goodrich did not make an announcement about the acquisition until recently. The delay in announcing the deal was caused by operational issues at Walton’s and marketing hurdles. According to the executive, they wanted to get all aspects in place prior to giving the business the Goettl badge. Goodrich managed the different obstacles that arose during the process owing to the value that he knew Walton’s offered his company.
Walton’s had a similar family history and values like Goettl. Goodrich said that although it was stagnant at the time, he knew that Walton’s was good platform where they would grow. Presently, Goettl has nearly 306 employees. Due to the acquisition, the company estimates that it will create 200 jobs in Phoenix and Tucson. Moreover, Goodrich added that their long term goal is to establish Goettl as a nationwide brand. He noted that the firm plans to grow into northern California and Texas by 2018. This information was originally published through BizJournals as elaborated in this link https://www.bizjournals.com/phoenix/news/2017/06/28/goettl-ac-acquires-socal-based-hvac-company.html
Goettl is among the premier air conditioning, heating service, and commercial HVAC companies in the globe. The company operates in Phoenix, AZ and Las Vegas. As a leader in the industry, Goettl has been offering innovative products and services to its clients. The company offers high quality services and unmatched dedication to the communities that it serves. The corporation was acquired by its current owner, Ken Goodrich, in 2012. Visit phoenix.goettl.com