Podcast: PE rapidly buying up HVAC companies and consolidating the trades

On the HVAC ADHD Vodcast, the speakers describe private equity buying up HVAC companies en masse and consolidating the trades, warning contractors that PE ownership is changing how business is done. They note PE keeps acquired companies' names and 'shingles' to mask consolidation.

“a lot of these HVAC companies and stuff, they're all getting bought up by private equity. So P's in the trades big time, that's pushing a lot of this stuff this way. That's the thing people don't understand is the more PE eats up the trade, the less you're going to be able to do business the way that you did it before.”

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