A closer look may shock you.
Over the last four years, local air conditioning service providers in Brevard have been gobbled up by international private equity firms (PE). As new owners, do they hold customer satisfaction as priority one? Not even close. PE key priorities are short-term value extraction and profits for PE investors and managers, not the long-term success of acquired companies, employees or customers.
Many of Brevard’s most marketed names in air conditioning companies are PE owned. Unfortunately, PE owned companies are 10 times as likely to go bankrupt due what’s been described as the “pillaging” nature of the PE business model. They have been known to resource strip a company, overwork staff, and hide behind SEC reporting loopholes to grab a quick return on investment.
Not us. American Air & Plumbing has been locally owned and operated since 1942 and we intend to stay that way. We care deeply about our craft, our staff and our valued customers. We are committed to providing the best air conditioning and plumbing services available in Brevard and appreciate those committed to supporting truly local businesses.
How can you tell if your service provider is a locally owned and operated? Go to sunbiz.org and search records (by name). If you see “Foreign Limited Liability Company” above the company name in the search results, you are likely dealing with a PE owned company.
Call us at 321.632.COLD (2653) for any AC repair/replacement or plumbing services. Let’s keep things local and American…AmericanAirAndPlumbing.com
