Exploring the trend of private equity firms consolidating home service businesses through acquisitions to capitalize on the industry's fragmented nature. The chapter discusses the implications of corporatization on family-owned businesses, touching on challenges, opportunities, and owners' perspectives post-buyouts. It also addresses the resistance of home services providers in the United States to sell to private equity, reflecting on concerns about losing local control and the impact on employees.
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Bloomberg Intelligence Senior Technology Analyst Anurag Rana explains why Salesforce shares plunging after projecting the slowest quarterly sales growth in its history, renewing concerns that the company will be left behind in the artificial intelligence boom. Bloomberg News Senior Technology Reporter Dana Hull and Bloomberg News Technology Reporter Kurt Wagner discuss entering Elon Musk's orbit to learn who's who within his constellation. Bloomberg News Economy Reporter Michael Sasso and Bloomberg Markets Features Editor John Hechinger share the details of their story Why the UK’s Richest Plumber Regrets Selling His Business to KKR. And we Drive to the Close with Brooke May, Managing Partner at Evans May Wealth.
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