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Consolidation trend Apr 2023

Companies that passed on early deals later absorbed into Wrench Group

Billy Stevens notes that some of the home-service companies that passed on his early roll-up deals ended up being acquired into the Wrench Group anyway, illustrating broad consolidation in the space.

“And some of those companies that passed ended up being in the wrench group anyway, so that's fine”

Entities

Wrench Group · Platform Billy Stevens · Mentioned
HVACPlumbing

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.