Selling HVAC, Plumbing, or Electrical to a Private Equity Platform with Ben Hummel

In this week’s episode, we chat with Ben Hummel, Vice President of Business Development at Legacy Service Partners.

 

Ben shares insights into Legacy Service Partners, a home services platform investing in HVAC, plumbing, and electrical contractors. Legacy Service Partners offers a unique approach to partnering with owner-operators in the home services sector.

 

The conversation covers various topics, including strategies for geographic expansion, the valuation of businesses in the market, and the importance of managing debt, and operational efficiencies in growing a business.

 

Key Takeaways: 

• Legacy Service Partners' Model
• Succession Planning and Growth Strategy
• Financial and Operational Preparation for Sale
• Market Variability and Value Multiples 
• Advice for Potential Sellers

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Additional Resources

➡️ Schedule a FREE Marketing Assessment today: https://lokalhq.com/marketing-assessment/

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👉 Connect with Ben Hummel

LinkedIn: https://www.linkedin.com/in/bhhummel/

Website: https://legacyservicepartners.com/

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The Boost, a podcast for home service contractors.

Join CMO of Lokal, Zach Wilson, as he explores leaders & innovators in home services, their personal journeys, thoughts and experiences with growth, marketing, and succession.

Lokal digital marketing works exclusively with contractors specializing in HVAC, roofing, plumbing, and garage door companies to conquer their local turf and grow exponentially.

All Aboard the Longship! Powered by Vikings™.

For marketing tips, follow Zach Wilson on Instagram, TikTok, or Facebook.