Latest / The Buyout Show with Fexingo: Private Equity, Roll-Ups, and Business Acquisitions
How Private Equity Is Quietly Buying Up Plumbing Companies
Episode 144 of The Buyout Show examines the rapid consolidation of the plumbing industry by private equity. Lucas and Luna break down the playbook using the example of Blue Ridge Equity Partners, which has rolled up over 40 plumbing companies in the Carolinas since 2023. They discuss why plumbing is an attractive target: recession-resistant demand, no inventory risk, and fragmented mom-and-pop operations. The hosts walk through the typical deal structure — 6x to 8x EBITDA, leveraged with bank debt — and the operational playbook of centralizing dispatch, cross-selling water heaters, and…
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