Jim Bergmann: PE consolidation adds no value, just raises prices

MeasureQuick founder Jim Bergmann voices strong opposition to private equity in HVAC, arguing PE firms merely consolidate companies and raise prices without adding value, drawing a parallel to consolidated veterinary clinics.

“That's the thing that you know that I can't stand private equity. I can't stand this whole thing that's going on. That doesn't mean I don't like the people. It's just I don't like the force that it's putting on our industry. There's no value add.”

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