Seller preferred local strategic buyer over a capital fund

Former Signature Mechanical owner Jim Froehle expressed a preference for selling to Marsden as a local company growing its offerings rather than a capital fund seeking an income stream, reflecting owner sentiment about PE in the trades.

““The appeal of selling to Marsden was the fact that it’s a local company that is looking to grow its offerings to its customer base and not a capital fund looking for an income stream,” said Froehle.”

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