Home-service firms hitting $10M routinely get acquired by private equity

Fractional CFO Kristen Deese observes that home-service businesses (HVAC, plumbing, garage doors, landscaping) reaching the $10M+ revenue range typically either get acquired by private equity or bring financial leadership in-house.

“Once they're getting up to the 10 million dollar range and up past that, they're either getting acquired by private equity or they're probably ready to start bringing in some of those higher level financial positions in house.”

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