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Market commentary Sep 2025

Trades company IPO anticipated as sector enters public markets

Podcast hosts and a Piper Sandler banker anticipate that a large trades company will enter the public market via IPO in the next 5-10 years, with public markets expected to be receptive to non-discretionary, high-margin trades businesses.

“we probably will see a trades company get so big and it enters the public market as an IPO”
HVACOtherPlumbing

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