Goettl Air Solidifies Its Presence in California through Purchasing Walton’s

Published on Author RM2000

Goettl Air Conditioning, a leading HVAC company, has announced the acquisition of Walton’s Heating and Air, a family owned company located out of southern California. An article published by Business Press Vegas on June 28, 2017, gave the details of the deal. The acquisition seems to be good for Goettl in their quest to solidify their presence in California. The financial details of the acquisition have been concealed from the public.

Todd Longbrake, Walton’s Heating and Air owner stated that he had driven the family business to the best of his capacity, but it had reached a plateau stage. The acquisition of Walton’s means that the Goettl will do what Longbrake couldn’t do for the organization. Longbrake was hesitant to accept the deal when Goettl approached him for a deal in 2015. It took the efforts of Ken Goodrich, Goettl Air Conditioning owner to convince Mr. Longbrake to accept the deal.

According to Longbrake, the company has grown significantly since signing the deal in mid-2015. After the deal, Longbrake joined Goettl where he serves as the field supervisor and sales manager. Goodrich praised Longbrake for quickly adapting Goettl’s culture and becoming a key figure in the company. Although the deal was finalized in 205, it took Goettl two years to announce the deal. Operating issues and marketing complications with Walton’s are to blame for the delayed announcement. Goodrich stated that they wanted to streamline things within Walton’s before making the news public.

 

http://www.azcentral.com/story/money/business/abg/2017/04/12/goettl-owner-turned-broken-business-around/98827068/

Similar Values

Goodrich was attracted to Walton’s Heating and Air because of its family background and values, which are similar to Goettl’s. He further noted that the acquisition would give Goettl an opportunity to grow and serve a vast geographical area. Currently, Goettl has 306 employees. More than 200 jobs will be added within the company as the acquisition means an expanded business. Ken Goodrich believes that buying Walton’s is in line with their long term plan to make Goettl and nationwide brand. The company will soon expand to northern California and Texas. Visit the website, goettlshdm.com.

About Goettl Air Conditioning

Goettl Air Conditioning is a leading HVAC service provider in Las Vegas, Tucson, Phoenix, and southern California. The firm was established in 1939, and it has its headquarters in Las Vegas, Nevada. The firm is devoted to ensuring that households enjoy the comfortable home environment. Goettl offers a broad range of services including maintenance, repair, and replacement. Recently, the firm acquired The Sunny Plumber to offer drain and plumbing services to their consumers. View the company profile on crunchbase.com.