First roll-up purchase: ~$9M Houston plumbing company with bolted-on HVAC

Billy Stevens describes the model's first major acquisition: an approximately $9 million Houston plumbing company onto which air conditioning was bolted, which grew into the largest company in Houston within about two summers.

“we made our first big purchase down in Houston, Texas. It was about a $9 million plumbing company down there, and bolted on air conditioning, And then the thing grew up to be the largest company in Houston, Texas”

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