Search-fund/ETA interest moving into HVAC and plumbing

Podcast hosts note that searchers (entrepreneurship-through-acquisition buyers) have recently taken an interest in acquiring HVAC and plumbing businesses, framing it as an emerging consolidation/acquisition theme in the trades.

“Searchers have recently taken an interest in HVAC and plumbing a little bit. I think it's mainly HVAC.”

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.