Greetings All,

Currently doing diligence on Plumbing & HVAC company doing $4M revenue, $800K SDE, with 60% of revenue from new construction.

Interested to get perspectives on current multiples being paid in the plumbing and HVAC space, and if multiples are getting a haircut due to current interest rates.

Wondering if a company that might have sold for 4.5 a couple years ago is getting pushed down a few points due to interest rate environment.

Thanks for your perspectives. --John