PE buying up skilled-trades businesses; caution on sales-driven vs. technically-sound culture

A technician voices sentiment that private equity is actively buying up skilled-trades businesses and urges PE buyers to invest in technically sound training rather than sales-driven replacement tactics.

“Now, as we close out, I got a message for anybody that is looking to buy, especially it seems like a lot of private equities are buying up, and you gave us the number of what they'd be looking for above, so three, three and a half million, they're going for companies that are worth that and above.”

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