Prediction: PE will roll up home services into combined multi-trade platforms

The CEO predicts private equity will roll up home-service trades and consolidate funds across HVAC, plumbing, electrical, etc., into combined home-service platforms, calling a multi-trade '365 demand' model the next big direction the industry will take in three to five years.

“And that's exactly the direction private equity is gonna go. You know, everyone goes, oh, they're buying HVAC, they're buying this or buying that. When private equity's rolled up home services, their funds that they're going to inject all their capital in, they're going to be home service together. Now, how they brand, do they greenfield? Do they do acquisitions, M &A? How they do it, that's one thing, but do they roll everything up under one brand? Do they keep 100 different brands?”

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