PE Firms Aggressively Consolidating Home Services Trades

Private-equity investors have purchased nearly 800 HVAC, plumbing and electrical companies since 2022, according to PitchBook data. This wave of investment is transforming the industry from family-operated businesses to PE-backed platforms, minting a new class of millionaire owners.

“Private-equity investors have purchased nearly 800 HVAC, plumbing and electrical companies since 2022, according to data from PitchBook.”

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