PE acquires HVAC firms but keeps original local names

Observation that PE buyers often keep acquired HVAC companies under their original names, so a consumer can unknowingly get multiple quotes from the same corporate owner, with expectation they'll eventually roll up under one brand.

““Another interesting aspect is that as PEs buy up more locally-owned companies, they continue to run those companies under the same name in many cases,” Hoover said. “In some markets, it's actually possible for a consumer to get three quotes and actually be getting three quotes from the same corporately-owned company.”

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