Chinook Industry Spotlight: Residential Services Q2 2024
- The U.S. residential services market was $677B in 2023.
- This market is projected to grow at 3% annually through 2028. This growth is due to increased demand from homeowners upgrading and maintaining their home and from new residential construction.
- In 2023, M&A activity in this sector remained strong because the market is highly fragmented, and platform companies are looking to expand their service offerings, technician density, geographic reach
- The largest private equity platforms and strategic buyers have been very active in the M&A space; for example, private equity firms accounted for 55% of all transactions in the sector in 2023.
About Chinook Capital Advisors:
Chinook Capital Advisors, based in Kirkland, WA, is a leading M&A advisory firm serving the needs of Pacific Northwest business owners. We help businesses prepare for and execute business ownership transition events.
Our expertise includes sell-side advisory/seller representation services, recapitalizations, advisory board/transaction preparation services, and other services including business valuation and debt advisory. Chinook serves many of the key industries that drive the Pacific Northwest economy, including manufacturing, distribution, business services, technology, healthcare products & services, and consumer products & services.
Chinook Capital Advisors is a member of the Alliance of International Corporate Advisors. AICA is a global network of middle market M&A advisory firms that provide clients with access to buyers, investors, and acquisition targets around the world.
We welcome inquiries from business owners wanting to discuss business valuation, M&A market updates, or how to build value towards a future exit or recapitalization.