Reply to Congrats private equity is coming for your local plumbers, electricians etc

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I have been using the same company for years for my HVAC. Recently they quoted a ridiculous amount for a small project. I started digging and realized that they were bought by another bigger company which is backed by private equity.

Yep let's keep telling our kids to be plumbers electricians etc because probate equity will surely pay them good wages.[/quote]

welcome to life? this consolidation has been going on for a very long time. [/quote]

+1.  The big one buying up trade shops around here is F.H. Fuhr.  In true PE fashion their pricing model basically forces you into buying an automatically renewing subscription that allows them to upsell you a few times a year.[/quote]

Actually it’s not FH Furr buying anything. FH started by the Furr family as a small company out of NOVA.  They were purchased by a large services company (noted by their annoying AF constant selling of service plans) this services company is backed by PE. They only use the established FH name, the company was gutted and does not bear any resemblance to its roots. [/quote]

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