The Private Equity Podcast, by Raw Selection

Scaling a Home Services Business


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Guest: David Williams, CEO, Advantage Services Group (ASG)
Host: Alex Rawlings

David Williams joins Alex to share how he transitioned from consulting into entrepreneurship through acquisition β€” and scaled a home services platform to $100m+ in revenue in just five years.

Since acquiring his first HVAC business in Oregon during COVID, David has completed 10 acquisitions, expanded into three states, and grown organically at ~20% annually. His focus? Building one fully integrated company β€” not a loose roll-up of brands.

πŸ•’ Timestamps

00:00 – Introduction & David’s background
01:57 – Choosing entrepreneurship through acquisition
02:51 – Why HVAC, plumbing & electrical?
03:48 – Moving to Oregon & first acquisition
04:16 – Growth to $100m+ revenue
07:57 – From small business to scalable platform
08:54 – Pillar 1: Infrastructure
09:50 – Pillar 2: Systems & integration
11:19 – Pillar 3: Building strong GMs
12:16 – Pillar 4: Culture as a CEO responsibility
15:08 – Core belief: Operating with urgency
17:56 – Why integration is about people, not spreadsheets
21:42 – Earning trust post-acquisition
24:05 – Book & podcast recommendations

Key Takeaways

  • Durable industry thesis: Large, fragmented, non-discretionary market.
  • Integration focus: ASG builds one company with shared systems and culture.
  • Leadership bench: Strong GMs drive performance.
  • Culture is deliberate: Clear beliefs β€” not designed for everyone.
  • Urgency wins: Speed in customer service and decision-making is core.
  • M&A is emotional: Time on the ground builds trust and long-term alignment.

Raw Selection partners with Private Equity firms and their portfolio companies to secure exceptional executive talent. We focus on de-risking executive recruitment through meticulous search and selection processes, ensuring top-tier performance and long-term success.

πŸ”— Connect with Alex Rawlings on LinkedIn https://www.linkedin.com/in/alexrawlings/

🌐 Visit Raw Selection www.raw-selection.com


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The Private Equity Podcast, by Raw SelectionBy Alex Rawlings

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