PE Rollup Craze in HVAC, Plumbing, and Electrical Services

Private equity firms have been aggressively acquiring HVAC, plumbing, and electrical services businesses, with nearly 800 such acquisitions since 2022 according to Pitchbook data, not counting smaller deals. This trend highlights a significant consolidation wave in the home services sector.

“HVAC (heating, ventilation, and air conditioning), plumbing, and electrical services firms have become the latest rollup craze, with almost 800 such businesses being acquired by PE since 2022, according to Pitchbook data.”

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