National PE consolidation wave targets residential HVAC

Private equity began targeting residential HVAC around 2015, drawn by predictable recurring revenue and fragmented local ownership. Colorado's Front Range became one of the most active acquisition markets in the country.

“Private equity began targeting residential HVAC in earnest around 2015, drawn by predictable recurring revenue, fragmented local ownership, and homeowners who have no choice but to call when the heat fails. Colorado's Front Range became one of the most active acquisition markets in the country.”

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