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Prime Insights

Derek Stout Derek Stout

The Quiet Takeover: What Private Equity Is Doing to Your Local HVAC Company

There’s a good chance the heating and cooling company you’ve trusted for years isn’t owned by the family whose name is on the truck anymore.

It might be owned by Blackstone. Or Goldman Sachs. Or a fund you’ve never heard of, run out of an office two time zones away, that bought the place, kept the logo, and changed everything about how it treats you.

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