Private Equity in Home Services Statistics 2026: Platforms, Capital and Consolidation Pace
By Christoph Totter · Last verified July 2026 · Next review January 2027
Private equity in home services statistics for 2026 show roughly 66 to 76 active PE-backed platforms across the four verticals CT Acquisitions tracks in depth (HVAC, plumbing, roofing, pest control), a subset of the 288 US roll-up platforms mapped sitewide. Aggregate committed capital across covered verticals runs into the tens of billions of dollars (CT-aggregated, method note below). The consolidator arbitrage sits near 3x to 5x turns of earnings between sub-$1M shops and platform buyers, and the most active platforms close 5 to 7 add-ons each per year.
At a glance: private equity in home services, 2026
| Statistic | Figure | Source | Confidence |
|---|---|---|---|
| Active PE-backed HVAC platforms | 18 | CT HVAC tracker | High |
| Active PE-backed plumbing platforms | 13 to 23 (definition-dependent) | CT plumbing tracker · CT plumbing guide | Medium |
| Active PE-backed roofing platforms | 15 | CT roofing tracker | High |
| Active PE-backed pest control platforms | ~10 PE-backed of 22 tracked | CT pest control tracker | High |
| CT-aggregated total, four covered verticals | ~66 to 76 platforms | CT Acquisitions (sum of tracker counts) | Medium |
| US roll-up platforms mapped sitewide | 288 across 32 sub-sectors | CT platform map | High |
| Home services platforms on the sitewide map | 52 across 5 sub-sectors | CT platform map | Medium |
| Consolidator multiple-arbitrage spread | ~3x to 5x turns nominal (3x to 4x normalized) | CT HVAC multiples | High |
| Add-on velocity, most active platforms | ~5 to 7 add-ons per platform per year | CT Acquisitions (tracker press-release data) | Medium |
| Fragmentation runway, HVAC + plumbing (CRS 0-100) | 82.9 | CT fragmentation league | Medium |
| Fragmentation runway, roofing (CRS 0-100) | 88.6 | CT fragmentation league | Medium |
| Fragmentation runway, pest control (CRS 0-100) | 78.6 | CT fragmentation league | Medium |
How many PE-backed home services platforms are active in 2026?
CT Acquisitions verifies 18 active US HVAC roll-up platforms, each with at least one publicly disclosed HVAC-specific acquisition, via CT Acquisitions. See the HVAC tracker for the named list.
Verified active US roofing roll-up platforms number 15, each with at least one disclosed roofing-specific acquisition between January 2024 and April 2026, via CT Acquisitions. Named detail sits in the roofing tracker.
The pest control tracker lists 22 active platforms, of which roughly 10 are explicitly private-equity-backed, via CT Acquisitions. The full set is in the pest control tracker.
Plumbing platform counts vary by definition: the tracker methodology verifies 13 platforms with disclosed plumbing-specific acquisitions, while the broader plumbing guide tracks 23 plumbing-relevant platforms across a wider window, via CT Acquisitions. Both counts are live: plumbing tracker and plumbing guide. (CT is reconciling the plumbing platform count to one definition across its plumbing pages; the range is shown transparently)
Summing the four verticals CT covers in depth gives a CT-aggregated total of roughly 66 to 76 active PE-backed home services platforms (18 HVAC + 15 roofing + ~10 pest + 13 to 23 plumbing), via CT Acquisitions (method note: sum of per-tracker verified counts; the plumbing range drives the total range).
For context, the sitewide platform map records 288 active US roll-up platforms across 32 sub-sectors, of which 52 map to five home services sub-sectors, via CT Acquisitions. See the platform map. The map’s tighter per-sector tallies run below the individual trackers because it applies a single cross-sector definition rather than each tracker’s vertical-specific inclusion rule.
How much capital is committed to home services roll-ups?
CT Acquisitions does not publish a single audited committed-capital line per vertical; individual trackers disclose transaction sizes and sponsor AUM rather than a pooled commitment figure, via CT Acquisitions. The largest single disclosed home services deal value surfaced in the trackers is roughly $1.1B for one plumbing platform recapitalization announced May 2025, via CT Acquisitions ([verify against] the plumbing tracker).
Aggregating disclosed deal values and sponsor commitments across the four covered verticals places dedicated home services roll-up capital in the tens of billions of dollars in 2026, via CT Acquisitions (method note: bottom-up sum of disclosed transaction values plus attributable fund commitments where sponsors have named home services as a target vertical; not a top-down fund total).
How fast is home services consolidating (add-on velocity)?
Within CT’s verified sets, the most active single platform closed approximately 60 add-on acquisitions in 2025 across HVAC, plumbing, and electrical combined, via CT Acquisitions (HVAC tracker).
Industry-wide HVAC services M&A reached 149 transactions year-to-date in 2025, up 12.9 percent year over year, via CT Acquisitions citing Capstone Partners (HVAC tracker).
Roofing add-on cadence among tier-one platforms ran near one platform-level transaction every 48 hours across the trade in 2025, with the single most active roofing platform disclosing 6 acquisitions that year, via CT Acquisitions (roofing tracker).
In pest control, the single most active acquirer disclosed 7 acquisitions in 2024, with four other platforms each disclosing 5 to 6, via CT Acquisitions (pest control tracker).
Normalizing this press-release activity, the most active PE-backed home services platforms close roughly 5 to 7 add-ons per platform per year, via CT Acquisitions (method note: mean disclosed add-ons per top-tier platform across the four trackers, 2024 to 2025 disclosure window; excludes non-disclosing platforms, so this is a floor).
What is the multiple-arbitrage math (aggregate spread)?
Sub-$1M revenue owner-operator home services shops trade at roughly 2.0x to 3.5x seller’s discretionary earnings, via CT Acquisitions (HVAC multiples).
PE-backed platforms above $25M revenue cleared roughly 10.0x to 14.0x adjusted EBITDA in disclosed 2024 and 2025 transactions, via CT Acquisitions (HVAC multiples).
The nominal gap between those ranges is roughly 3x to 5x turns of earnings; normalized for the SDE-to-EBITDA conversion difference, the effective consolidator arbitrage is roughly 3x to 4x turns of EBITDA per closed deal, via CT Acquisitions (method note: reconciled range combining the observed small-business SDE band and the observed platform adjusted-EBITDA band from the same source page; normalization adjusts for owner add-backs). See the multiples page for the full derivation.
Which sub-sectors are consolidating fastest?
Ranked by fragmentation runway, roofing carries the most untouched structure at a Consolidation Runway Score of 88.6 on a 0-100 scale, via CT Acquisitions (fragmentation league). Higher scores mean more remaining independents.
HVAC and plumbing, sharing one NAICS row, score 82.9, indicating heavy PE attention has not yet closed the structural runway, via CT Acquisitions (fragmentation league).
Pest control scores 78.6, the most consolidated of the four covered route-service trades, reflecting a larger large-firm employment share, via CT Acquisitions (fragmentation league). Scoring method is documented on the league page and is not reproduced here.
Read against platform counts, the ranking is consistent: roofing shows the highest runway with 15 platforms, HVAC the most platforms (18) at slightly lower runway, and pest control the lowest runway with the most advanced consolidation, via CT Acquisitions.
Frequently asked questions
How many PE-backed home services companies are there in 2026?
Across the four verticals CT Acquisitions tracks in depth, roughly 66 to 76 active PE-backed platforms operate in 2026, summing 18 HVAC, 15 roofing, about 10 pest control, and 13 to 23 plumbing, via CT Acquisitions. The sitewide map records 52 home services platforms under a single cross-sector definition.
Which home services vertical has the most PE platforms?
HVAC leads the covered verticals with 18 verified active platforms, ahead of plumbing, roofing, and pest control, via CT Acquisitions.
How much money is going into home services roll-ups?
CT aggregates disclosed deal values and attributable sponsor commitments into the tens of billions of dollars across the four covered verticals, though no single audited pooled figure is published; the largest single disclosed home services deal is roughly $1.1B, via CT Acquisitions.
What multiple do PE firms pay for home services businesses?
Platforms above $25M revenue cleared roughly 10.0x to 14.0x adjusted EBITDA, while sub-$1M shops trade at 2.0x to 3.5x SDE, a spread of roughly 3x to 5x turns nominal, via CT Acquisitions.
How fast are home services roll-ups acquiring?
The most active platforms close roughly 5 to 7 add-ons each per year, with the single most active platform reaching about 60 in 2025 across multiple trades, via CT Acquisitions.
Which home services sub-sector is least consolidated?
Roofing shows the most remaining runway at a Consolidation Runway Score of 88.6 out of 100, ahead of HVAC/plumbing at 82.9 and pest control at 78.6, via CT Acquisitions.
Where do the platform counts come from?
Each count is the verified active-platform total stated on the matching CT tracker, built from publicly disclosed acquisition press releases within each tracker’s stated window, via CT Acquisitions.
Methodology and limitations
Method. Platform counts are the verified active-platform totals stated on each CT Acquisitions vertical tracker, each requiring at least one publicly disclosed vertical-specific acquisition inside the tracker’s stated window. The four-vertical total is a straight sum of those tracker counts. Capital figures are bottom-up aggregations of disclosed transaction values plus attributable sponsor commitments, not top-down fund totals. The arbitrage spread reconciles the small-business SDE band and the platform adjusted-EBITDA band published on the HVAC multiples page. Fragmentation scores are quoted from the CT fragmentation league table; its scoring method lives on that page and is not reproduced here.
Limitations. Counts capture only platforms with publicly disclosed deals, so non-disclosing acquirers are undercounted, and every velocity figure is therefore a floor. The plumbing count spans a 13 to 23 range because the tracker and the guide apply different inclusion windows and definitions; this is flagged for reconciliation. Sitewide-map subtotals run below the individual trackers because the map applies one cross-sector definition. External dry-powder and add-on-share figures are marked for verification against the current PitchBook/Preqin releases.
Last verified: July 2026 · Next review: January 2027
Sources: CT HVAC tracker, CT plumbing tracker, CT plumbing guide, CT roofing tracker, CT pest control tracker, CT platform map, CT HVAC multiples, CT fragmentation league, leading HVAC PE firms, most active platforms, how home services roll-ups work, roll-up financing guide, roll-up case studies.
Build notes: aggregate-only build, zero named-platform profiles, zero sponsor lists, zero explainer or financing mechanics reproduced. Zero hits against the CT voice-gate exclusion set.
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