Private equity companies are buying the mid to large size general contracting companies in my central Midwest Region. Imo it’s the insurance industry doing an “end run” to control costs of claims since many of the Boards of Directors are the same folks. We are slowly losing free marketplace.
Consolidation is always happening. I've seen the same thing happen around Denver for years. After a company gets 50+ employees, a venture capital firm buys the company. Funny part is they tend to lose money every year but keep going. Something smells fishy
Private equity companies are buying the mid to large size general contracting companies in my central Midwest Region. Imo it’s the insurance industry doing an “end run” to control costs of claims since many of the Boards of Directors are the same folks. We are slowly losing free marketplace.
Consolidation is always happening. I've seen the same thing happen around Denver for years. After a company gets 50+ employees, a venture capital firm buys the company. Funny part is they tend to lose money every year but keep going. Something smells fishy