Consumer Protection · Independent Trades Network

Wall Street
Bought Your Contractor

Private equity groups have quietly acquired thousands of local HVAC, plumbing, roofing, and home service companies — keeping the same logo while doubling prices and cutting corners. We're exposing them — and connecting you with verified independent operators.

23%
of HVAC deals in 2024 were PE-owned
88%
rise in PE acquisitions through mid-2025
229%
increase in PE-backed roofing platforms in 24 months
562
construction & trades M&A deals closed in 2025
↓   Search your contractor below
NexGen — Sold to Wrench Group / Leonard Green & Partners· Service Champions — Sold to Wrench Group / Leonard Green & Partners· Home Comfort USA — Apex Service Partners / Alpine Investors· One Hour Air — Authority Brands / Apax Partners· ARS / Rescue Rooter — OMERS Private Equity (Canada)· Best Choice Roofing — Brightstar Capital Partners· BrightView Landscaping — KKR Private Equity· Renovo Home Partners — Audax PE (collapsed Oct 2025)· SPS PoolCare — Storr Group PE (191+ acquisitions)· Pool Troopers — Shoreline Equity → now SPS PoolCare· Leslie's Pool Supply — L Catterton PE (LVMH-connected)· TruGreen — Clayton, Dubilier & Rice Private Equity· Heartland Home Services — The Jordan Company / Cobepa PE· Sila Services — Goldman Sachs Alternatives (30+ brands)· NexGen — Sold to Wrench Group / Leonard Green & Partners· Service Champions — Sold to Wrench Group / Leonard Green & Partners· Home Comfort USA — Apex Service Partners / Alpine Investors· One Hour Air — Authority Brands / Apax Partners· ARS / Rescue Rooter — OMERS Private Equity (Canada)· Best Choice Roofing — Brightstar Capital Partners· BrightView Landscaping — KKR Private Equity· Renovo Home Partners — Audax PE (collapsed Oct 2025)· SPS PoolCare — Storr Group PE (191+ acquisitions)· Pool Troopers — Shoreline Equity → now SPS PoolCare· Leslie's Pool Supply — L Catterton PE (LVMH-connected)· TruGreen — Clayton, Dubilier & Rice Private Equity· Heartland Home Services — The Jordan Company / Cobepa PE· Sila Services — Goldman Sachs Alternatives (30+ brands)·

Search Your Contractor

Our database covers companies owned by Apex Service Partners, Wrench Group, Sila Services, Heartland Home Services, ARS, Authority Brands, and more — across California and nationwide. We update it continuously as new acquisitions are announced.

Try these — you might be surprised:

NexGen (CA) Home Comfort USA (CA) Service Champions (CA) Lindstrom (FL) Jackson Comfort (OH) Randazzo (MI) Levine & Sons (MI) One Hour Air Benjamin Franklin Plumbing ARS Rescue Rooter SPS PoolCare Pool Troopers Leslie's Pool Supply
PE-Owned
Private equity backed — not locally owned
Owned by
PE backer
Acquired
Corporate HQ
Independent
Locally and independently owned
Searching live...
Researching this company
Not in our local database — running a live search now
Searching ownership records, PE databases, and public filings...

They're Buying
Everything

Private equity has a simple playbook: find a fragmented industry full of family-owned businesses, buy them all, keep the local name, and extract maximum profit before flipping to the next investor. They've done it in every trade — and they're not stopping.

HVAC
Heating & Air
88%
Rise in PE acquisitions through mid-2025. PE firms went from 8% of HVAC deals in 2023 to 23% in 2024 alone. Platforms like Wrench Group and Apex now operate dozens of brands under one corporate umbrella — all keeping their local logos.
Real consequence: Piece-rate installers skip steps they don't get paid for. Warranty calls double. Senior techs quit.
Plumbing
Plumbing & Drain
70%+
Surge in home services M&A deal volume from 2020 to 2021 alone. Plumbing is bundled into the same PE platforms as HVAC — Wrench Group, Apex, Sila Services — creating one-stop monopolies in local markets where competition once kept prices honest.
Real consequence: Dispatchers quote from corporate price books — not what the job actually costs.
Roofing
Roofing & Exteriors
229%
Increase in PE-backed roofing platforms in just 24 months — from 17 to 56. In 2024, PE firms acquired a roofing company every 48 hours. The cautionary tale: Renovo Home Partners hit $653M in revenue — then filed for bankruptcy in Oct 2025, stranding 1,500 workers and leaving customers with worthless warranties.
Real consequence: Warranties become worthless when the PE firm exits or goes bankrupt.
Pool Service & Maintenance
Pool Care
191+
Acquisitions by SPS PoolCare alone since its founding in 2021 — backed by Storr Group private equity. In January 2026 they absorbed Pool Troopers (itself a Shoreline Equity Partners portfolio company), combining the #1 and #2 pool service companies in the U.S. into a single PE-controlled platform with $157M in combined revenue. Leslie's Pool Supply — the largest pool supply retailer in the country — is still backed by L Catterton, the PE firm connected to LVMH. Azureon, a new Northeast platform, launched in 2024 backed by O2 Investment Partners. Pool care is being quietly consolidated the same way HVAC was five years ago.
Real consequence: The pool company that's cleaned your water for years may now answer to a private equity firm in West Palm Beach or New York.
Home Remodeling & Construction
Remodeling & Home Improvement
562
Construction services M&A deals closed in 2025 alone — an 18% increase from 2024, with PE-backed buyers driving nearly half of all subcontractor transactions. The most dramatic example: Renovo Home Partners, formed by Audax Private Equity, rolled up beloved regional remodelers including NEWPRO, Dreamstyle Remodeling, Alure Home Improvements, Reborn Cabinets, and Woodbridge Home Solutions. In October 2025 Renovo abruptly ceased operations. Thousands of employees lost their jobs without warning. Customers were left with unfinished projects and worthless warranties. The $2 trillion in PE "dry powder" sitting on the sidelines is still looking for remodeling companies to buy.
Real consequence: The remodeler you hired may be gone before your project is done — and no one will honor the warranty.
Pool Building & Construction
Pool Builders
Rising
PE firms are now targeting pool builders alongside pool service companies. In 2025, Dallas-based Crux Capital launched Veridian Service Partners by acquiring Pool Works and Freedom Pool Plastering in Texas, explicitly building a Sun Belt pool construction roll-up. Australis Equity Partners acquired Sunrise Premiere Pool Builders in Maryland, stating the deal would be used to "facilitate future construction-industry acquisitions." Azureon — the O2 Investment Partners pool platform — is acquiring both service and construction companies across the Northeast. The pool builder who gave you a local quote may already be on a PE acquisition list.
Real consequence: A PE-backed pool builder prioritizes speed and volume over the craftsmanship your backyard deserves.
Landscaping & Concrete
Landscaping, Hardscape & Concrete
$186B
The U.S. landscaping market — valued at $186 billion — is one of the largest fragmented trades PE hasn't fully consumed yet. BrightView, the largest commercial landscaper in the U.S. at $2.77B in revenue, was built by KKR private equity through the acquisition of Brickman (founded 1939) and ValleyCrest (founded 1949), wiping out two historic family companies. One Rock Capital Partners injected an additional $500M into BrightView in 2023. In June 2024, Verde Equity Partners acquired LaBahn's Landscaping; Riverside Company acquired U.S. Lawns. Concrete and hardscape contractors are next — Crux Capital's pool platform already targets outdoor construction broadly across the Sun Belt.
Real consequence: Your landscaper, concrete contractor, or hardscape company may already be a PE portfolio company — behind the same local logo they've always used.
Pest Control · Electrical · General Trades
All Remaining Home Services
3x
Three times as many PE buyers are active in home services today as five years ago. Pest control, electrical, garage door service, and general handyman businesses are all in the crosshairs — the same playbook, the same retained local branding, the same margin extraction. Guild Garage Group alone made 22 acquisitions in less than a year. No trade is too small. No local reputation is too trusted. If a business has recurring revenue and a fragmented market, private equity is already circling it.
Real consequence: The "local" company you call hasn't been local in years.

This Isn't a
Marketing Company.
I Lived This.

Day one
Started at one of the biggest residential HVAC contractors in Orange County. Within two months I realized it was all about sales — not the customer. It scared me. Almost made me walk away from the industry entirely.
10 years
Found a company that matched my values. Grew from technician to quality control, service trainer, then service manager. Built a real team. Real relationships. Real customer care. The kind of work you're proud of.
The sale
Two years before I left, the company was sold to a private equity group. We were promised nothing would change. We had the habits, the relationships, the culture. There was no reason to change anything.
8–12 months in
The family of people I'd worked with for years slowly started disappearing. New people appeared — no industry background, no trade experience. Retired military with business backgrounds restructuring everything from the top down. It was no longer about the customer. It was about squeezing every last dollar from every person in the room.
The final straw
They didn't just take advantage of customers and employees. They took advantage of the retail programs and manufacturer relationships that had fed our families and supported our growth for years. If those partners had any idea how badly they were being lied to and cheated, they would have walked away in a minute.
"

I started in this industry at one of the biggest residential HVAC contractors in Orange County. Within two months I knew it wasn't for me — it was pure sales culture, zero customer care. I almost walked away from the trade entirely.

I found a company that matched my values and stayed for ten years. Grew from technician to quality control, service trainer, then service manager. We built a real team — people who cared, customers who trusted us, manufacturer and retail partnerships that helped feed our families year after year.

Two years before I left, the company was sold to private equity. We were promised nothing would change. Within a year, the people I'd worked with were gone. Replaced by corporate restructurers with no industry experience and one objective: extract every dollar from every customer, every employee, and every vendor relationship we'd spent a decade building. The retail and manufacturer partners who'd supported us for years? They were being lied to and billed in ways they never would have agreed to. If they'd known, they'd have walked immediately.

I left. Got my California C-20 contractor license and tried to build my own company — the right way. I couldn't compete. PE groups don't just outspend you — they actively work to eliminate you. Predatory pricing. Market saturation. Poaching your technicians with investor-funded signing bonuses. They're not competing. They're eliminating. Once the independent is gone, the prices go right back up and the customer has nowhere else to turn.

That's why FreeFromPE exists. Not as a lead gen platform. As a counter-movement. Built by someone who watched this system dismantle something great — and refused to accept that it wins.

Sean Greene
Founder, FreeFromPE.com · C-20 Licensed Contractor · 10 years Residential HVAC · Anaheim, CA
How we vet every contractor before they touch a single lead
01
CSLB license verification — We pull every applicant's license through the California State License Board directly. Active status, correct classifications, no suspensions, no disciplinary actions. If the license has a blemish, the conversation ends there.
02
BBB standing — We check accreditation status, complaint history, and how complaints were resolved. A complaint isn't automatically disqualifying — how a contractor handles a problem tells you more about their character than a perfect record.
03
Google & Yelp review audit — We don't just look at the star rating. We read the reviews — the positive ones and the negative ones. We look for patterns in how customers describe the experience, how the contractor responds to criticism, and whether the reviews reflect a business that actually cares about the people it serves.
04
Direct outreach to prior clients — This is the step no directory does. We contact actual past customers directly — not references hand-picked by the contractor. Real homeowners, real conversations. We ask about the quality of work, how they were treated, whether the contractor was honest about pricing, and whether they'd call them again.
05
Ownership verification — We confirm independent ownership before anything else moves forward. We check state business filings, LLC registration, and corporate parent structures. PE-backed platforms, franchise brands, and roll-up companies cannot join this network regardless of how they present themselves. If we find out later — they're removed immediately.
06
Unannounced spot checks — After joining, network contractors are subject to unannounced pop-ins on active jobs. Not every job — but any job. Quality isn't something you perform for an inspector. It's something you do when no one is watching. We verify that.
07
Post-job customer follow-up — After every lead we send, we follow up directly with the homeowner. Not a survey link — a real conversation. If a customer is not satisfied, that contractor goes on a watchlist immediately. Patterns of complaints get them removed. Our name is on every referral. We treat it that way.

The part no one tells you

The Playbook Is
Always the Same

Private equity doesn't build companies. It buys them, loads them with debt, extracts maximum cash in 3–7 years, and sells to the next investor. The local name stays. The culture doesn't.

In home services, that means piece-rate installers who skip steps they don't get paid for. It means call centers in other states dispatching strangers to your home. It means corporate price books that bear no relationship to what your job actually costs. And it means that when you have a problem, there is no owner to call — only a regional manager who reports to a board that reports to a fund.

In the trades, it means piece-rate installers who skip steps they don't get paid for. It means roofing companies that go bankrupt mid-project, leaving customers with unfinished roofs and worthless warranties. The industry changes. The outcome doesn't. You pay more. You get less. The money leaves your community.

"They're not buying your contractor.
They're buying your zip code."
Find a verified independent contractor →

How FreeFromPE Works

We vet every contractor in our network. PE-backed companies cannot buy their way in — no exceptions.

01
Search your contractor
Use our lookup tool to find out if the company you've been using is PE-owned. We maintain a live database of acquisitions and update it continuously.
02
Get matched to an independent
Submit your service request with your zip code and trade. We route you to a verified, independently owned contractor in your area — not a franchise, not a PE platform.
03
We qualify your lead
A real person reviews your request and confirms the details before connecting you. You'll know who's coming, what they'll do, and what it should cost.
04
Rate your experience
After your service, you rate the contractor. Our network maintains its integrity because our contractors know their reputation — and their leads — depend on it.

Your Independence
Is the Product

We connect homeowners who are actively looking to leave PE-backed companies with verified independent operators. If you're locally owned, licensed, and committed to honest work — we want you in the network.

What you get
Qualified leads from homeowners already motivated to switch
Every person who contacts us has already discovered their current contractor is PE-owned. They're not browsing — they're ready to hire. Exclusive territory by zip code. No competing against each other inside the network.
Apply to join the network
The model
Retainer + per-lead pricing. Aligned incentives.
Monthly retainer holds your territory. Per-lead fee means we only eat well when you eat well. No long-term lock-ins. No contracts you can't exit. We grow when our contractors grow.
Email us to learn more

Done with
Wall Street
in your home?

Tell us what you need and your location. We'll connect you with a verified independent contractor in your area — no PE, no franchise, no corporate middlemen.

Your request has been received. A real person will call you within 1 business hour to confirm your details and match you with a verified contractor in your area.

We do not share your information with PE-backed companies. Ever. Your data stays in our network and goes only to verified independent operators.

Prefer to call directly?

(657) 261-8181

Mon–Sat · 8am–7pm · Real person answers