During COVID when many other types of businesses were shuttered, private equity started buying up companies that weren't affected like HVAC, plumbing, roofing, insurance, home inspections, and more.
For those companies that have been a bought out the pricing has gone up, the quality and competence of the employees has gone down, and everything is about upselling and getting you on membership / service plans.
Here in Phoenix for example virtually every large air conditioning company was bought out by the hedge funds in private equity. Family owned businesses that used to be great and a had quality technicians like Parker and sons air conditioning turned into absolute dog shit that would send out incompetent texts to overcharge you for services and in many cases not be able to actually fix your issues.
Avoid these companies like the plague. Find independent mom and pop shops that don't have 1-800 numbers, call centers, and whose websites look like they're 10+ years old.
During COVID when many other types of businesses were shuttered, private equity started buying up companies that weren't affected like HVAC, plumbing, roofing, insurance, home inspections, and more.
For those companies that have been a bought out the pricing has gone up, the quality and competence of the employees has gone down, and everything is about upselling and getting you on membership / service plans.
Here in Phoenix for example virtually every large air conditioning company was bought out by the hedge funds in private equity. Family owned businesses that used to be great and a had quality technicians like Parker and sons air conditioning turned into absolute dog shit that would send out incompetent texts to overcharge you for services and in many cases not be able to actually fix your issues.
Avoid these companies like the plague. Find independent mom and pop shops that don't have 1-800 numbers, call centers, and whose websites look like they're 10+ years old.