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Pluming

Private equity is buying up businesses in the skilled trades

by Kai Ryssdal , Sean McHenry and Sofia Terenzio
Oct 24, 2024
Skilled trades businesses, like HVAC repair and plumbing companies, are seen as stable, future-proof business models. Private equity wants in.
Private equity firms will buy a few skilled-trade businesses, then combine them to make one much larger company. "The idea is you improve the margins and efficiencies," said Te-Ping Chen from the Wall Street Journal.
Craig Hudson/The Washington Post via Getty Images
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