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Increasingly, we're seeing home services companies like plumbing and HVAC owned by private equity. This is how you end up paying $300 an hour for the plumber (p
by LargeWu 1y ago
Increasingly, we're seeing home services companies like plumbing and HVAC owned by private equity. This is how you end up paying $300 an hour for the plumber (plus a $300 service fee just for showing up). The technician isn't getting the majority of that money.
Good rule of thumb is that if you see a home services company with billboards, or branded vehicles, they are going to be super expensive.