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Market commentary Oct 2025

Kelso aspires to $10B; cites a competitor recently added to the S&P 500

Carroll pitches sellers equity in a business he believes can reach $10 billion in 10-15 years, and references a larger competitor recently inducted into the S&P 500 that Kelso wants to emulate.

“There's a competitor of ours that just got invited or inducted into the S &P 500 that would love to emulate them. And this is a massive, massive business.”

Entities

Kelso Industries · Platform
ElectricalHVACPlumbing

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