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Every week, we analyze small business listings across 12 industries and deliver the ones worth your time — with full valuation models, risk assessments, and acquisition playbooks.
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What Recent Issues Look Like
Express exterior is the hottest real estate + recurring revenue play
The $130B goldmine PE can't stop buying
The highest-margin recurring-revenue play in home services
A $191B fragmented market facing a 550K plumber shortage by 2027, with PE deploying $31B+ since 2014 to roll up 129K independent operators. Pricing power from labor scarcity, recession-resistant demand (70-80% urgent), and 2.0x-3.0x SDE multiples create a 5-7 year seller's market window as boomer owners retire.
The roofing industry is in the midst of an unprecedented PE consolidation wave—56 platforms competing for deals, up 239% in 24 months. With $100B in revenue, 6% growth, and 80% of demand from non-discretionary re-roofing, this fragmented sector (top 3 hold <6% share) offers rare visibility: aging housing stock + climate-driven replacement cycles = predictable cash flow. Multiples have corrected from 8x-11x (2023 peak) to sustainable 6x-9x EBITDA, creating entry opportunities for disciplined buyers. QXO's $3B war chest and 134 deals in 2024 (+25% YoY) signal this is just the beginning.
Strong recurring membership base and included real estate make this an attractive asset — but the asking price is approximately 15% above fair value, near-term equipment capex is likely, and membership churn above industry average signals retention work ahead. Worth pursuing only at a renegotiated price.
Strong fundamentals with clean financials, but asking price exceeds fair value by 60%. Recommended as strategic tuck-in at $1.2-1.35M or financial buyer at $975K-1.1M.
Strong franchise fundamentals and favorable market dynamics offset by execution risks and competitive pressures. Recommended for experienced HVAC operators who can scale commercial sales and manage seasonal cash flow. Pass for first-time buyers without HVAC technical expertise.
Strong fundamentals, exceptional backlog visibility, diversified service lines, and a high-growth metro — this is a legitimate PE add-on or standalone platform candidate.
Strong market position with recurring commercial contracts, but aggressive 7.2x SDE pricing requires deep verification of revenue quality, customer concentration, and technician retention in tight labor market.
High recurring revenue, year-round demand in the Arizona desert, and a 15-year operating history make this a textbook owner-operator acquisition with clear upside through route density and commercial expansion.
Strong cash flow and established reputation offset by license dependency, labor market pressures, and premium valuation. Requires qualified Master Plumber.
Strong growth trajectory with excellent cash flow, but 1099 contractor model creates significant labor risk. Aggressive valuation requires operational validation and workforce stabilization before closing.
Strong fundamentals with 35-year track record and reconstructed $528K SDE, but critical information gaps on customer concentration, license transferability, and equipment condition require thorough due diligence before proceeding.