Mergers and acquisitions (M&A) have always been a strategic business practice designed to grow companies into a greater portion of market share. At other times, M&A’s are a path to reduce future competition in an industry sector. Yet, with the recent acquisitions by Goettl Air Conditioning throughout the Southwest region, and more recently in the Las Vegas area, the premiere residential HVAC company appears to be facilitating the diversity of target acquisitions.
Both Paradise Air and Las Vegas Air merged with the larger Goettl corporation this month. The benefits for both Paradise Air and Las Vegas Air include an increased reservoir of skill in the plumbing market (a vertical service) as Goettl will benefit from gaining new client opportunities in the commercial HVAC sector.
Diversification is a sharp business strategy that invests excess capital by branching out into new business opportunities, with a secondary goal of receiving a greater return on the reinvestment. Under the leadership of Kenneth Goodrich, Goettl has proven it is following a strong focus on growing in similar vertical markets while expanding its customer reach in the Southwest portions of the United States.
From its Phoenix, Arizona inception by the Goettl Brothers in 1939, the company has moved its base of operations to Las Vegas, Nevada, and has risen to receive accolades in 2017 as ‘Best HVAC Company in Arizona’, proving its skill in maintaining and installation of systems that must endure some of the most harsh HVAC climatic conditions in America.
Goettl’s well-respected brand name and service reputation prompted a purchase of the company by the larger ARS/Rescue Rooter based in Memphis, Tennessee, yet the company continues to operate under its founding name, branding and leadership. Each new venture continues to leverage the company’s foundation of Old World work ethics with increasing technological and geographical escalation.
Goettl Air Conditioning offers a full range of residential and commercial HVAC sales, service, and maintenance programs throughout the Southwestern Regions and the Tennessee Valley.
Adam Goettl and Gust created Goettl Air Conditioning in 1939. They came to Las Vegas in 1968. The 2007 recession forced the company to move out of Southern Nevada. According to http://www.goettl.com/, the company deals with heating, air conditioning installation, providing UV germicidal lights, furnaces, and radiant heating systems. The company is dedicated to excellent customer service, having set up service centers in Phoenix and greater Tucson. http://www.goettl.com/about states that the corporation is managed by an experienced team and has highly qualified technicians.
In 2013, Ken Goodrich bought the company. He set up a branch office in Las Vegas, where his love for Goettl product began. When Ken Goodrich was ten years old, he helped his father repair conditioners. As they were making them, his father said to him “When a person needs help, you respond right away, not when it’s convenient for you.” Ken Goodrich has found significant influence in his father’s advice.
Goettl Air Conditioning recently provided tips to Valley residents on how to protect their pets from heat. They advise on keeping paws off the pavement. The American Veterinary Medical Association recommends keeping off hot surfaces during summer because they can burn your pets’ paws. Surfaces such as cement and asphalt can be scorching during the summer.
Goettl Air Conditioning recommends the use of pet-safe sunscreen to beat the heat. It is mostly advisable for pets with short and light-colored coats. Another advice given was grooming your pets. The American Veterinary Medical Association recommends pets are properly groomed to enhance blood circulation and also create good temperature relation. Prevention of dehydration of the pets is also equally important. Since pets cannot sweat as we do, it is important to find ways to cool their bodies. The Human Society of the United States recommends that pets are given cool water during the summer.
Taking your pets, especially dogs to the swimming pool is highly beneficial during the summer. There are Doggie pools that help cool pets while you play with them. Many dogs love the pool! As a precaution, it is advisable to keep off garage dangers while with your pets. It is because summer heat can cause antifreeze to leak from overheated cars. They leave a sweet-tasting residue that pets might be attracted to despite being harmful. It is also advisable to keep pets away from fertilizers and garden products, which may endanger their health.
Goettl Air Conditioning Provides Tips for Protecting Pets from the Heat