It is now official that Goettl Air Conditioning has now acquired HVAC company Walton’s Heating and Air. HVAC is a family owned company, headquartered out of southern California. According to BizJournals which released the news, the financial details of the transactions remain undisclosed.
According to PR News Wire, Goettl, which already operates throughout Las Vegas, Phoenix, and Tucson, is set to establish a substantial presence in California. This move is speculated to drive the Walton’s to achieve more than what the company, with its former boss Todd Longbrake would ever have reached on his own. In a statement, Longbrake, Walton’s previous owner expressed that he had taken the company but has since been stagnating, without any growth.
Early in 2015, Goettl had shown interest in acquiring the business from its former owner, who at the time could not give in to the idea, despite its poor performance. However, he had to change his mind following the successes of Goettl and also its owner, Ken Goodrich. Rumors come from individuals in HVAC industry. Longbrake could not resist anymore, and in the mid of 2015, he had no choice but to give away the business. BizJournals reports that Longbrake admits that since they combined efforts, they have grown ten-folds. At the moment, Mr. Longbrake is at Goettl, working as both the sales manager and field supervisor. Visit Azcentral to know more.
Since the completion of the deal two years ago, Goodrich did not immediately announce the news on the acquisition. This was because of the operational issues within Walton’s and also the marketing complications, which according to Goodrich, they first wanted to get everything in place before they could spill the beans. The fact that Walton was dormant at the time did not matter to Goodrich as he saw the business as a platform company where they could grow.
The number of employees that Goettl currently has stood at 306, however, with their acquisition, this figure is set to project to over 500 employees, talk about the company creating more than 200 jobs in Tucson and Phoenix, and also its largest markets.
About Goettl Air Conditioning
In 1939, Gust and Adam Goettl set out to develop Phoenix’s first ever evaporative cooler and refrigerated AC, to counter the severe desert temperature in the area. Since then it has been a no turning back for the company that is now known as Goettl Air Conditioning. Most people count on it for its highly skilled and well trained with experienced technicians, premium products and service, Sadie Certified technicians, and much more. Right now, Goettl Air Conditioning remains to be a household name to everyone.