Fragmentation in Home Services Trades

The US market contains over 100,000 HVAC businesses and similar numbers for plumbing and electrical, totaling approximately 300,000 potential acquisition targets for private equity platforms.

“In fact, there’s more than 100,000 HVAC businesses alone across the US. Plumbing and electrical businesses come in at about the same number each. So, we’re talking about 300,000 businesses that could be potentially acquired and added to a platform.”

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