Home services now heavily PE-backed; higher bar for sale-readiness

Piper Sandler's Mike Robinson observes there are now many PE-backed companies across home services (HVAC, roofing, lawn care, pool, etc.) and the threshold for being acquisition-ready is far higher than before, requiring a developed C-suite and sophisticated ERP.

“Today, there's a lot of private equity -backed companies across home services, a lot of them.”

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