Service Roundtable CEO warns contractors on PE sale math

Matt Michel cautions HVAC contractors tempted by large PE offers to carefully calculate after-tax proceeds, warning that capital gains and state taxes can erode a sale price and force owners back to work.

“when we go back to the private equity issue, I think that one thing that these guys got to be aware of, you know, it's I mean, the numbers that are being tossed around are crazy. And it's, and it's really tempting.”

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