Consolidation trend Sep 2025 Verified
Private Equity Buying Up Independent HVAC Contractors
The podcast hosts discuss a growing industry trend of private equity firms acquiring independent MEP (mechanical, electrical, plumbing) contractors. They cite a PitchBook statistic that over 800 MEP contractors have been acquired by PE since 2022, and analyze the perceived positives and negatives of this consolidation.
“the general trend is private equity buying up independent contractors. Why? Okay. Great question. All right. And now this goes out. There's a couple of people that have, that I've worked with in the past that have gone into this space. Open invitation to send letters to the editor, you know, to, to correct us or to provide their opinion on this one. But I'm just reporting some of the stuff that I've read. Just the facts. Well, I don't know. You know, it's hard to know what facts are when you're doing Google research. All right. So, according to PitchBook, over 800 MEP contractors have been acquired by private equity since 2022.”
ElectricalHVACPlumbing Sentiment: Mixed
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