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Private Equity Interest in Home Services

The speakers note that private equity firms are actively buying home service businesses because they generate strong cash flow. They mention that Apex Service Partners received investment from Apollo, achieving a $10 billion valuation, indicating continued PE interest in the space.

“In this industry, these are cash flowing businesses, that's why P's buying so much of these and loading it up with debt is that these businesses make cash.”

Entities

ElectricalHVACOtherPlumbing Sentiment: Neutral

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