Simon Hermiz

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Simon Hermiz

Simon Hermiz

@Simon_Hermiz

Katılım Kasım 2013
340 Takip Edilen212 Takipçiler
Simon Hermiz
Simon Hermiz@Simon_Hermiz·
@Will_Schryver I would love to talk. I've been building our business for the last 8 years from the ground up. Building it with an option to always sell, but staying on 3-5 years after the sale never made sense to me. My company runs itself.
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Will Schryver
Will Schryver@Will_Schryver·
When private equity pitches you the “second bite of the apple” by rolling equity, this chart explains it 20% of your $10M EV is rolling into a platform that expects to trade for 15x+ PE targets to ~3x $1 of rolled equity Combination of EBITDA multiple expansion (below) + organic growth make this possible
Will Schryver@Will_Schryver

Private Equity is rolling up residential HVAC Entry multiples ~4x - 8x EBITDA Exit regional platform at 14x - 17x+ EBITDA The M&A roll-up / buy & build strategy is one private equity has executed in other industries The range of EBITDA multiples and outcomes is wider than many other industries M&A updates 👉🏼 SchryverCo.com/insights

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Simon Hermiz
Simon Hermiz@Simon_Hermiz·
@Oaklraiders1976 Tim had 8 QBs what if he had Montana and Young would his number be similar to Jerry?
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Raiders History
Raiders History@Oaklraiders1976·
Most career receiving yards in #Raiders franchise history: Tim Brown - 14,734 Fred Biletnikoff - 8,974 Cliff Branch - 8,685 Todd Christensen - 5,872 Art Powell - 4,491 James Jett - 4,417 Marcus Allen - 4,258 Jerry Porter - 3,939 Mervyn Fernandez - 3,764 Warren Wells - 3,634
Raiders History tweet mediaRaiders History tweet mediaRaiders History tweet media
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Adam Smith
Adam Smith@adamstatonsmith·
How much does this sell for where you live?
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Simon Hermiz
Simon Hermiz@Simon_Hermiz·
@RaminNasibov Heros of Might and Magic. 1996 still play it today 😆 downloaded it
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Ramin Nasibov
Ramin Nasibov@RaminNasibov·
Anyone who used a computer between 1985-2010. What’s the one game you still think about?
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Valuetainment
Valuetainment@valuetainment·
Ferrari has unveiled its first ever electric vehicle, the Luce.
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Electrek.co
Electrek.co@ElectrekCo·
Ferrari has officially unveiled the Luce, its first all-electric car and five-seater ⚡️ 1,050+ hp from four motors, one per wheel ⚡️ 0-62 mph in 2.5s ⚡️ 0-124 mph in 6.8s ⚡️ Top speed of 193 mph ⚡️ 122 kWh pack, 330+ miles of range ⚡️ 800V architecture, charging up to 350 kW ⚡️ Interior co-designed by Jony Ive's LoveFrom ⚡️ No synthetic motor sounds ⚡️ Plays real motor vibrations amplified like a guitar am ⚡️ First deliveries October 2026
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James 𝕏ond
James 𝕏ond@james_xond·
Trying to prove a point. How old were you when you became a homeowner for the first time?
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Barkley
Barkley@Barkley_Tap·
One of these squads is going from average to MUST WATCH football. Who are you betting on and why?
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Simon Hermiz
Simon Hermiz@Simon_Hermiz·
@Will_Schryver job explaining: repairing an aging system over and over does not stop replacement costs from rising later. Educate your customers.
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Simon Hermiz
Simon Hermiz@Simon_Hermiz·
@Will_Schryver Mostly true in our market too. We’re down gross revenue so far this year and pacing about $1M behind last year at the moment. We are starting to heat up now, so hopefully we can make up ground, but homeowners are definitely repairing more and delaying replacement decisions.
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Will Schryver
Will Schryver@Will_Schryver·
State of home service spending (HVAC) 72% of homeowners plan to stay in their current homes for the foreseeable future When people buy a home, 20% - 25% of the time they replace the HVAC system But there’s a double hit to replacement demand Existing homeowners sitting on older homes waiting to sell tend to opt for repairs over replacements Plus, 77% of homeowners are delaying home projects due to rising costs 📈 Elevated Inflation 💵 High Rates % 🏠 Low Mobility This creates a macro backdrop where the consumers keeps the HVAC system limping along with repairs instead of replacing the system Repairs > Replacements in 2026 Source: The State of Home Service Spending, Housecall Pro HVAC owners, are you seeing this in your market? 👇🏼
Will Schryver@Will_Schryver

🗳️ Owner/Operators and Private Equity investors in the trades (HVAC, Plumbing, Electrical, Roofing) How are you feeling about your market this year?

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Simon Hermiz
Simon Hermiz@Simon_Hermiz·
@Will_Schryver We literally had a customer get a replacement quote from us 3 years ago, choose to wait, and now the replacement is roughly $5,000 higher. This year they decided to do another repair instead. I understand why homeowners hesitate, but eventually the industry has to do a better
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Simon Hermiz
Simon Hermiz@Simon_Hermiz·
@Will_Schryver A big part of it is education. Customers compare today’s replacement prices to what systems cost 8 years ago, but equipment, labor, refrigerant regulations, insurance, trucks, permits, and financing costs have all exploded. Systems are not going to get cheaper two years from now.
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Simon Hermiz
Simon Hermiz@Simon_Hermiz·
@MySportsUpdate As they should. Prove you should have prime-time games, and they will flex if not. This is coming from a Raider fan.✌️
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Ari Meirov
Ari Meirov@MySportsUpdate·
Five NFL teams got zero primetime games: - Jets - Titans - Raiders - Cardinals - Dolphins
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Simon Hermiz
Simon Hermiz@Simon_Hermiz·
@PalmerLuckey I wonder how much postage will go up, considering we get more spam mail than regular mail. How many postmen and women will be out of jobs?
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Palmer Luckey
Palmer Luckey@PalmerLuckey·
It is time for the United States Postal Service to ban junk mail. Unsolicited spam calls are already prohibited by the FCC. Emails are heavily regulated by the CAN-SPAM Act of 2003. Junk mail is the majority of mail, 100 million trees per year. Enough!
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Goose
Goose@Goose_Coin_Dev·
@Simon_Hermiz @OCpatriot_ If your CPA on google is $200+ for a simple repair job you need to either fix your big strategy or fix your creative.
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THE OCpatriot™
THE OCpatriot™@OCpatriot_·
Water heater died last night. 5 yrs old, still under warranty. Called Manufacturer, they said they'd send parts, but that'd be 4-6 days. Couldn't leave my family without hot water that long. So I called local repair company, they'd been there 5 minutes when they quoted me $1,100 to fix it. Wouldn't break it down to parts and labor until I leaned on them hard. - $300 parts - $800 labor For 30-40 minutes of work. For a water heater that cost me $700 with sales tax. I called the manufacturer back and told them the situation and that I planned on buying a new unit at The Home Depot and install it myself (I'd installed my current one). Rheem said no problem, take your old one with you and we'll give you full credit towards your new one. With the military discount from my buddy that was helping me, I was out of pocket a whole $65 when it was all said and done, and even traded up a model with a longer warranty. Thank you Rheem, thank you Home Depot. Fuck off predatory appliance repair companies.
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Tokyo
Tokyo@otokyo·
What's wrong with this picture
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Simon Hermiz
Simon Hermiz@Simon_Hermiz·
@Liathetrader It's a personal choice how you spend your money. If the budget is tight, a $6 rotisserie chicken, tortillas, and rice for $10 can feed two people for two days, especially if you only drink water and avoid alcohol, sodas, or extras. If it's tight, it's tight.
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Lia the Trader 👸💸
Lia the Trader 👸💸@Liathetrader·
Groceries for 2 people. Will last us maybe 5 days. I don’t know how people do it. This country is becoming unbearably expensive. 2k monthly groceries Not counting if you want to go to a restaurant once a week, add another 1k.
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Drax.
Drax.@Drax_Neel·
Life in prison or the death penalty?
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