{"podcast":{"title":"The Buyout Show with Fexingo: Private Equity, Roll-Ups, and Business Acquisitions","slug":"the-buyout-show-with-fexingo-private-equity-roll-ups-and-business-acquisitions-7871630","podcast_index_feed_id":7871630,"rss_url":"https://feeds.fexingo.com/business/the-buyout-show.xml","website_url":"https://www.fexingo.com/","image_url":"https://audio.fexingo.com/business/the-buyout-show/cover.png","author":"Fexingo","episode_count":122,"summary":"Lucas and Luna examine private equity through the lens of actual deals — roll-ups in HVAC, veterinary clinics, and funeral services; buy-and-build strategies; and the mechanics of leveraged buyouts. Each episode dissects a specific transaction, from sourcing to exit, using real numbers, term sheets, and public filings. The show serves founders weighing an offer, analysts building models, and investors tracking the industry. Expect critical discussions on valuation multiples, earnouts, debt covenants, and the cultural friction between PE operators and portfolio-company management. Lucas, a journalist with a decade covering dealmaking, guides the numbers; Luna, an engaged interlocutor, presses on execution risk and founder psychology. Together they ask: What separates a value-destroying roll-up from a platform that compounds for a decade? No hype, no jargon — just the tradecraft of buying and scaling businesses. #PrivateEquity #LBO #RollUp #BuyAndBuild #PE #DueDiligence #Valuation #MergersAndAcquisitions #FamilyBusinessExit #SearchFund #EBITDA #DealSourcing #SMB #BusinessAcquisition #FexingoBusiness #BusinessPodcast #Finance #Podcast Keep every episode free: buymeacoffee.com/fexingo","last_synced_at":"2026-07-19T04:18:12.773861+00:00","page_url":"https://stenobird.com/podcast/the-buyout-show-with-fexingo-private-equity-roll-ups-and-business-acquisitions-7871630"},"episode":{"title":"How Private Equity Is Buying Up Swimming Pool Service Companies","slug":"how-private-equity-is-buying-up-swimming-pool-service-companies","published_at":"2026-07-11T04:44:40+00:00","page_url":"https://stenobird.com/podcast/the-buyout-show-with-fexingo-private-equity-roll-ups-and-business-acquisitions-7871630/how-private-equity-is-buying-up-swimming-pool-service-companies","show_page_url":"https://stenobird.com/podcast/the-buyout-show-with-fexingo-private-equity-roll-ups-and-business-acquisitions-7871630","url":"https://audio.fexingo.com/business/the-buyout-show/episode-0107.mp3","audio_url":"https://audio.fexingo.com/business/the-buyout-show/episode-0107.mp3","summary":"Swimming pools are everywhere in the US — over 10 million residential pools — and private equity has noticed that pool service is a perfect roll-up target: recurring revenue, high margins, fragmented local mom-and-pops. Lucas explains why firms like Leonard Green & Partners are buying pool route operators, how the math works on a $150,000 route purchase, and why the pool industry's 2.5 percent annual growth rate makes it a defensive play. Luna questions whether consolidation can survive the labor shortage for certified pool operators. They walk through the economics: a typical 200-pool route generates about $200,000 in annual revenue with 40 percent EBITDA margins, and PE firms are paying 7 to 9 times EBITDA for these businesses. They also discuss the risk of the 'pool guy' brand equity vanishing when a local operator gets absorbed. If you own a pool company or think about buying one, this episode gives you the deal math. #PrivateEquity #PoolService #SwimmingPools #RollUp #BusinessAcquisition #LeonardGreenPartners #RecurringRevenue #RouteBusiness #FragmentedIndustry #EBITDA #LaborShortage #DefensiveInvestment #BusinessPodcast #Finance #FexingoBusiness #BuyoutShow #MidMarket #ServiceIndustry Keep every episode free: buymeacoffee.com/fexingo","meta_description":"Swimming pools are everywhere in the US — over 10 million residential pools — and private equity has noticed that pool service is a perfect roll-up target…","key_points":[],"chapters":[],"topics":[],"duration_seconds":517,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/the-buyout-show-with-fexingo-private-equity-roll-ups-and-business-acquisitions-7871630/episodes/how-private-equity-is-buying-up-swimming-pool-service-companies/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/the-buyout-show-with-fexingo-private-equity-roll-ups-and-business-acquisitions-7871630/how-private-equity-is-buying-up-swimming-pool-service-companies.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}