PE firms buying out smaller HVAC companies described as happening across the industry

On the HVAC Know It All podcast, the guest describes private equity firms acquiring smaller HVAC companies as a hot topic occurring in nearly every industry, with bought-out firms shifting focus toward selling.

“the big companies that go in and take over the smaller companies, like the private equity firms. It seems to be happening in almost every industry. And that's fine if, if somebody wants to buy out a company, invest in it to make money, it's a business, I get it. But the reports I'm hearing back from a lot of, a lot of individuals that have been bought out or their company has been bought out by private equity is that the focus turns to selling.”

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.