Plumbing Company Owner Reveals 80 to 90 Percent Turnover After Private Equity Acquisitions

What was said

"9 times out of 10, when they're buying these businesses, you know, you complete turnovers, right? Every company that I've seen in the last, you know, 2 years that have sold, I mean, they're having 80, 90% turnover."

Jordan revealed that private equity firms buying home services companies routinely see 80 to 90 percent employee turnover after acquisition. He stated this pattern has kept him from accepting multiple PE offers, as he values his team over exit money. The claim exposes what Jordan describes as a strip-down strategy by financial buyers in the trades sector.