Concern Over Private Equity Impact on Small HVAC Contractors

The speaker expresses worry that private equity-backed companies will dominate the market, leaving small contractors at a disadvantage. He suggests that a co-op could help them compete, but acknowledges the potential negative consequences for the community if PE firms do poor-quality work.

“if we're competing with the buying power of some of those VCs and private equity, we're going to have to do something because they're just going to kind of storm through our market and leave us holding the bag, to me, I don't see it as a hugely bad thing because then I can just make money for the next five years fixing all the stuff that they did wrong. But that's a shame for the community, right?”

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