1、Commercial&Industrial Services Sector Brief Harris Williams|Q4 2024Commercial&Industrial Services|Q4 2024What Were ReadingIn this sector brief,we have included a collection of articles focused on a variety of trends that the Harris Williams team is seeing from market participants.Commercial and indu

2、strial services are mission critical,recurring,and recession-resistant,with many subsectors offering a large,fragmented,total addressable market.This high fragmentation provides ample buy-and-build opportunities and runway for add-on acquisitions.The selected articles highlight trends across the fac

3、ility management,HVAC,and restoration sectors and underscore future growth avenues and key themes to monitor in 2025.2Link to ReadPrivate Capital Solutions:Innovative Approaches for a Complex EnvironmentRecent Harris Williams Industry Content“In this complex environment,PEGs are increasingly interes

4、ted in innovative approaches to generating liquidity,raising capital,and financing growth.”Insights From the 2024 Harris Williams Commercial&Residential Services Conference“The long-term fundamentals of the space are intact:non-discretionary and/or low deferability of services,high fragmentation amo

5、ng providers,and favorable demographic shifts creating growth runway.”“Once upon a time,radiant heating was sort of a niche solution,almost exclusively used in residential applications.But after years of advancements pertaining to the materials,technology,and install of radiant heating systems,theyv

6、e become a lot more common.Its now not only more efficient,but more cost-effective,too.”Read the full article here.A Warmer Welcome:The Increasing Adoption of Radiant Heating in Commercial SpacesACHR News“As the demands of building management grow more complex and nuanced,implementing facility manag