Published: August 8th, 2022Private equity firms are scooping up founder- and mom-and-pop-owned lawn and home care, plumbing and pest control companies at a time when demand for such services is on the upswing. Financial sponsors are pumping money into a variety of residential services to consolidate fragmented markets largely made up of founder and family-owned businesses, often with recurring revenue.Segments such as plumbing, landscaping and hardscaping, pest control and more are among the residential services subsectors attracting investment due to their resilience during economic downturns, an aging housing stock and overall increased home ownership among millennials looking to outsource these services.

Categories: Business