Named to the Axial Advisor 100 (2026)
🚰 Plumbing M&A AdvisorySuccess Fee Only — No Retainer

The PE Wave Hit HVAC First. Plumbing Is Next.

Residential and commercial plumbing is consolidating fast. The buyers who built the HVAC platforms are looking at plumbing with the same thesis — and Good Hope Advisors knows them all.

Named to Axial’s Top 25 Lower Middle Market Investment Banks (Q1 2025) and the Axial Advisor 100 (2026).

100sActive Buyers in Network
$500M+Aggregate Transaction Value
$10B+Platform Valuations Created*
100%Founder-First Approach

*Value of HVAC and home-service platforms built from founder-owned businesses like yours.

The Plumbing Market Right Now

The Window in Plumbing Is Open Right Now. That Won’t Always Be True.

Private equity has spent the last decade buying HVAC businesses at scale. The roll-up model works, the returns have been strong, and the major platforms are still acquiring. But the most sophisticated buyers are also looking ahead.

Plumbing is where HVAC was eight years ago. The fragmentation is high, the recurring revenue model translates directly, and the demand for essential services is recession-resistant. Investors are moving in, and the first wave of platform-building acquisitions is underway.

For plumbing business owners, that timing matters. The buyers who pay the highest multiples are the ones building platforms, not the ones adding the fifth or sixth acquisition to an established roll-up. Right now, you have options, you have leverage, and you have buyers who need you more than they need the next deal that comes across their desk.

Good Hope Advisors is working in this market actively. We know which PE firms are building plumbing platforms, which family offices have capital to deploy, and which strategic buyers are looking to expand their service territory. We know what they pay, what they avoid, and how to structure a process that works in your favor.

What Buyers Are Actually Underwriting

What Makes a Plumbing Business Valuable

Emergency and Drain Service
The 24/7 call volume and the dispatch operation behind it are more valuable than most owners realize. Emergency service means recurring customer relationships, high-margin calls, and revenue that doesn’t depend on the calendar.
Service Agreement Penetration
Maintenance and service contracts create predictable cash flow and signal a customer relationship that extends beyond a single job. If you have a strong book of agreements, we will make sure buyers understand what that is worth.
Commercial vs. Residential Mix
Commercial work carries different margins and different buyer interest. A business with strong commercial service relationships or service contracts with property managers reads differently in diligence. We help you frame the mix the right way.
Technician Quality and Retention
Plumbing is a labor-intensive business and buyer risk models are highly sensitive to workforce stability. Low turnover, licensed journeymen and master plumbers on staff, and a reputation as a good place to work all affect how buyers underwrite your deal.
Geographic Concentration
Dense coverage in a defined territory is worth more than a thin footprint spread across a wide area. Buyers are building service density, not just adding trucks.
Ready for a frank view of your business?

If you want a quick, no-obligation read on how buyers would underwrite your business today — what it’s worth, where the gaps are, and whether a process makes sense right now — that’s exactly what the first call is for.

Talk About Selling Your Business
GHA in Plumbing

The Same Buyers Who Consolidated HVAC Are Now in Plumbing — We Know Them

Good Hope Advisors got into the trades early, before the HVAC wave crested and long before the advisors who followed the money in showed up. We built relationships with the PE firms, family offices, and strategic buyers who drove that consolidation. Those same buyers are now actively looking at plumbing.

That means we aren’t introducing ourselves when we call them about your business. We already know their investment criteria, their hold periods, what they need to see in a management team, and what kills a deal for them before it starts.

Eric, Josh, and Gregg are on your deal personally. Every call, every diligence session, every negotiation. You don’t get handed off. Our fee is a success fee. We only get paid when you do.

Who We Work With

Plumbing Founders Who Are Ready to Explore a Sale

Our best clients are plumbing business owners who built something real. A fleet they are proud of, a reputation in their market, and a customer base that comes back. They are thinking about what comes next, whether that means a full exit, a partial sale, or rolling equity alongside a PE platform.

We work with plumbing businesses in the $2M to $50M revenue range with EBITDA of $1M or more. If you aren’t sure whether you are in the range or what your business might be worth in the current market, the first call costs you nothing and tells you a lot.

One Conversation. No Obligation.

We will tell you what you need to hear, not what you want to hear. If a process makes sense, we will tell you. If it doesn’t, we will tell you that too.

Talk About Selling Your Business