Latest / Around the House with Eric G®: Home Improvement Remodeling & DIY
Private Equity's Power Play in Your Home Services
So, here’s the scoop: HVAC, plumbing, and electrical companies are shaking things up in the way they interact with homeowners. Thanks to some big-money private equity firms swooping in and consolidating these trades into a neat little home services package, the dynamics are changing faster than you can say “where’s my wrench?” It’s like a game of Monopoly, but instead of hotels, we’re talking about HVAC systems and plumbing repairs. While this might mean some fancy upgrades and potentially lower costs for us, it also means technicians are now under pressure to hit sales targets, which could…
The skinny
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