Go Back

Building Efficiency & Sustainability

Service Logic is one of the largest privately held HVAC and mechanical service providers in the United States. Through our investment in local entrepreneurs, emerging technology and education, we have created a next-generation service platform that reduces costs, increases efficiency and drives value for our clients.

Service Logic

Business Services

Conversations from The EDGE: Why Acquisitions Can Help HVAC Companies Thrive & Survive

August 20, 2019
acquisitions
business ownership
Conversations from The EDGE
HVAC
+more
Sean Heath

 

Running a small HVAC business is difficult, relying on a single owner to maintain all aspects of the business. In this new episode of Conversations from The EDGE with Service Logic, host Sean Heath sat down with Tim Riedel, president of Service Logic, to discuss how the nationwide HVAC company approaches acquisitions and help ensure that buyer and seller see eye to eye.

The Charlotte, North Carolina-based company is the largest privately held energy and HVAC/mechanical company in the United States. Their robust acquisitions program offers company owners the opportunity to financially secure their business while gaining a well-established partner in business.

“For many, selling their business is like selling their baby,” Riedel said. “We need to feel out whether we are the right fit for you and are you the right company for us. The more time we spend getting to know one another, the better chance we’ll both make the right decision.”

Riedel said interestingly, most sellers aren’t looking to retire and leave the business.

“They take chips off the table, secure what they’ve built, and stay now, feeling a tremendous burden off their shoulders,” he said. “Then in the future, they want to have their employees and customers taken care of and make sure their business has the right home.”

For the latest news, videos, and podcasts in the Building Management Industry, be sure to subscribe to our industry publication.

Follow us on social media for the latest updates in B2B!

Twitter – @BuildingMKSL
Facebook – facebook.com/marketscale
LinkedIn – linkedin.com/company/marketscale

Recent Episodes

HVAC industry
View episode

Navigating Success and Change in the HVAC Industry: Insights from Andy Graham

The HVAC industry is facing a pivotal moment, where the balance between maintaining strong relationships and adapting to new technologies determines the success of companies. With rapid advancements and shifting business dynamics, those who excel are the ones who have mastered the art of connecting deeply with clients and team members alike. But how…

Trades industry
View episode

From a Plumber’s Apprentice to Account Management: Leadership and Growth in the HVAC Industry with Jeremy Melton

Leadership in the HVAC industry is more than just managing operations; it’s about inspiring teams, making critical decisions under pressure, and building relationships based on trust. As the industry faces increasingly complex challenges, the need for effective leadership has never been more crucial. What does it take to lead successfully in an industry…

Puerto Rican history
View episode

Restoring Puerto Rican History After Hurricane Maria

Polygon document recovery solutions were put to the test after Hurricane Maria in 2017. Puerto Rican history was at stake from damage to the Instituto de Cultura Peurtorriqueña building, causing leaks, humidity, and mold. Polygon’s document recovery center received nearly 2,000 boxes of documents from Puerto Rico in 2023. These valuable pieces of Puerto…