Large PE firms building multi-trade home-services conglomerates

Commentary that the largest PE buyers are acquiring not just HVAC platforms but plumbing, roofing, landscaping and other service businesses to build whole services conglomerates, intensifying competition for independents.

“Because not only are these companies buying up the HVAC platform, but they are also going to do the same for plumbing, roofing, landscaping, and numerous other service businesses. They want to build a whole services conglomerate.”

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