PE 'blue bloods' (JP Morgan, Goldman Sachs, KKR) expected to buy HVAC platforms

Commentary predicts that large PE firms such as JP Morgan, Goldman Sachs, and KKR will acquire already-consolidated HVAC platforms and extend the roll-up model into plumbing, roofing, landscaping and other service businesses to build services conglomerates.

“It makes sense that those who have been bought will be flipped to what we will call the private equity “blue bloods” — we are talking companies like JP Morgan, Goldman Sachs, and KKR.”

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