PE 'all over Main Street' rolling up the standby generator industry

Veteran home-services operator describes private equity saturating Main Street and increasingly entering the standby generator space, noting a PE shop that had begun rolling it up and five to six PE shops now competing for businesses plus daily inbound PE partnership calls.

“look, PE is all over Main Street, every business there is, you know, they're looking for opportunities and yes, they're there. I can't help but think that, you know, when I got into generators last year, there was one PE shop that had a meaningful business. They had rolled up, was starting to roll up and it's a nice, they have a really nice thing going. But as soon as I got in and started talking about it, and I don't know if this is because as I was talking about it, or because just the natural things have happened. But there's been a lot more PE involvement. So there's a lot more competition for the businesses in the generator space today. I would say probably there's five, six PE shops sniffing around it. And then I get calls every single day from other PE shops that wanna partner and see how they can get involved with it.”

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