Latest / The Buyout Show with Fexingo: Private Equity, Roll-Ups, and Business Acquisitions
How Private Equity Is Buying Up Swimming Pool Service Companies
Swimming pools are everywhere in the US — over 10 million residential pools — and private equity has noticed that pool service is a perfect roll-up target: recurring revenue, high margins, fragmented local mom-and-pops. Lucas explains why firms like Leonard Green & Partners are buying pool route operators, how the math works on a $150,000 route purchase, and why the pool industry's 2.5 percent annual growth rate makes it a defensive play. Luna questions whether consolidation can survive the labor shortage for certified pool operators. They walk through the economics: a typical 200-pool…
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