PEGs target fragmented, recession-proof plumbing and HVAC sector

Advisors explain PEGs are attracted to fragmented trade segments with stable cashflows and operational upside, viewing the many small independently-owned plumbing and HVAC businesses as an opportunity to consolidate into larger, more efficient entities.

“"The industry is comprised of a lot of small and medium-sized businesses that are owned independently. But PEGs see that as an opportunity to consolidate those businesses and create larger, more efficient entities," adds Borkowski.”

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