Succession planning - Articles | Plumbing & Mechanical

And So It Flows Podcast

Retention: The Best Exit Strategy

In a new episode of And So It Flows, Chris Buttenham discusses how retention planning can help plumbing contractors protect company value before a future sale.

Kristen R. Bayles

July 16, 2026

Buttenham says plumbing business owners should start thinking about retention years before a sale, especially if they want the company to thrive after they step away.

Reins and ProfitWorks Announce Partnership

The partnership combines Reins’ alternative equity platform with ProfitWorks’ expertise in incentive plan design, profit education and business coaching

Plumbing & Mechanical Editorial Staff

June 30, 2026

The partnership reflects a joint commitment to helping privately owned businesses compete for talent, improve employee engagement and increase enterprise value.

Reins marks milestones in employee equity and business sales

In 2025, Reins shared more than $25 million in alternative equity with employees and supported clients in selling their businesses.

December 17, 2025

The platform offers privately owned businesses a structured way to provide employee equity while maintaining control and planning for future growth or succession.

Matt Michel: 7 ways to know it is time to exit

Understanding how increased private equity activiy is impacting plumbing businesses.

Matt Michel

May 5, 2023

There has been a lot of private equity activity in the service trades since the COVID-19 lockdowns. Suddenly, boring old businesses gained monetary sex appeal when they were declared essential and could continue making money while many other local businesses were effectively shuttered. This has led to a land rush for good service contracting businesses and many plumbers have grabbed the brass ring while the grabbing was seen as good.