Market commentary Oct 2025 Verified
Residential Services M&A Deal Volume Rebounds in 2024 and Remains Active in 2025
Deal volume in residential and essential services nearly doubled between 2018 and 2022, dipped in 2023, and rebounded to new highs in 2024. Through mid-2025, the market remains active with 681 deals in Q1 and a 3% sequential rise in Q2, indicating continued investor interest in consolidation.
“Deal volume nearly doubled between 2018 and 2022, dipped briefly in 2023 amid higher interest rates and labor shortages, and rebounded to new highs in 2024. Through mid-2025, the market remains active, signaling that investors see continued runway for growth and consolidation.”
HVACOtherPlumbing Sentiment: Positive
Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.