Who has experience acquiring home services companies?

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March 04, 2021

by a searcher from University of California, Los Angeles - UCLA Anderson School of Management in Tacoma, WA, USA

Keen to connect with folks searching or operating companies in this space. I'm currently looking for plumbing, HVAC and roofing companies in the PNW. Would be great to talk shop (sourcing/deal flow, valuation, due diligence, operating, etc) with other searchers and operators!

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Reply by a searcher
from Rutgers in Danville, PA 17821, USA
Hey ^redacted‌ I acquired a plumbing service company last year and currently operate it. I was featured on the Think Like an Owner podcast if you're interested in listening to the early post-acquisition journey (https://www.alexbridgeman.com/podcasts/rich-jordan-buying-a-small-plumbing-business-ep-36/). Feel free to reach out.
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Reply by a searcher
from University of Pennsylvania in Indianapolis, IN, USA
Jonathan - Historically, service businesses that focus on commercial MRO, especially with service contracts for recurring revenue, over new installation/project heavy businesses will be more attractive to institutional investors and have better exits. Residential services can also be very attractive depending on the service/business mix, but just something to keep in mind as you're looking at acquisition opportunities. Ultimately, it comes down to your personal goals and preferences. Good luck!
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