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Market commentary Dec 2025

PE betting on scale but losing on trust, per Upfrog president

Upfrog President Justin Riley argues private equity is betting on scale in home services but losing on consumer trust, with transparent independent contractors winning customers.

““Private equity is betting on scale, but they are losing on trust,” Riley says.”

Entities

Justin Riley · Mentioned Upfrog · Mentioned
HVAC Sentiment: Negative

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