PE shifting into roofing after HVAC/plumbing roll-up wave

An LB Capital executive observes that PE interest in roofing now mirrors HVAC/plumbing of 10-15 years ago; after consolidating HVAC and plumbing, PE is now actively entering the roofing space.

“what we're seeing is private equity and what it was in HVAC plumbing industry 10, 15 years ago.”

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