How Private Equity Is Buying Up Home Services Franchises

Episode 37 of The Buyout Show examines the quiet consolidation of home services — specifically how private equity firms are rolling up HVAC, plumbing, and electrical franchises one territory at a time. Lucas and Luna break down the business model using a real example: the acquisition spree behind Service Experts and how it squares with a $250 billion market that's 90 percent mom-and-pop operators. They discuss why private equity loves recurring revenue contracts like maintenance plans, the risk of overpaying for growth, and whether the model works when interest rates are above 5 percent. The conversation stays grounded in specific numbers, including typical EBITDA multiples paid for these franchises and the retention rates buyers expect from acquired technicians. No hot takes, just a clear look at how your repair bill is connected to a deal memo. #PrivateEquity #HomeServices #HVAC #RollUps #BusinessAcquisitions #Franchise #ServiceExperts #EBITDAMultiples #RecurringRevenue #Consolidation #Plumbing #Electrical #LBO #BusinessPodcast #FexingoBusiness #Finance #Investing #BuyoutShow Keep every episode free: buymeacoffee.com/fexingo