Legacy Trade Holdings acquires established, cash-flowing home-service businesses in the New York metro area — HVAC, plumbing, electrical, landscaping, pool service, pest control, irrigation, septic, generator service, garage door, and elevator maintenance. Recession-resistant. Recurring revenue. Operator-led.
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The home-service industry is among the most resilient, fragmented, and overlooked sectors in private markets. That's the opportunity.
When a furnace breaks in January or a pipe bursts on a Sunday night, homeowners don't wait for the economy to improve. Essential home services generate consistent demand regardless of market conditions.
The businesses we target operate on service contracts, maintenance plans, and seasonal accounts — not one-time projects. Recurring revenue means predictable cash flow from the moment of acquisition.
Unlike most industries, home services remain overwhelmingly local and independent. No single acquirer controls the New York market — which means our entry price stays rational and our deal flow stays strong.
73 million Baby Boomers are in or approaching retirement. A significant portion own small businesses with no succession plan. The supply of quality acquisition targets will only grow over the next decade.
Most of these businesses have never had professional management systems, digital marketing, or modern scheduling tools. The gap between their current operations and their potential is where we create value.
New York's density, homeowner base, and service pricing make it one of the most attractive markets in the country for trade businesses. High barriers to entry protect incumbents — which is exactly what we're acquiring.
We are disciplined and specific. We do not chase growth stories — we acquire proven, profitable businesses with real customers and real track records.
Heating, ventilation, and air conditioning — seasonal demand, high-ticket service contracts, licensed technicians in place.
Emergency and maintenance plumbing — 24/7 demand, high loyalty, strong recurring commercial and residential relationships.
Licensed electrical contractors — essential for residential and commercial properties, growing demand driven by EV adoption and smart home upgrades.
Seasonal contract-based revenue — snow removal, lawn maintenance, design/build — with predictable annual renewal cycles.
Opening, closing, weekly maintenance — high customer retention, low competition, and strong margins in the NY suburban market.
Annual service contracts, seasonal renewals, and emergency calls — one of the most reliable recurring-revenue models in home services.
Seasonal open/close contracts with the same recurring model as pool service — strong Long Island and Westchester market.
Code-mandated pumping schedules create automatic recurring revenue with near-zero customer acquisition cost after year one.
Fast-growing category post-COVID and post-storm. Annual service contracts, high-ticket installs, and an underserved independent market.
Highly fragmented, high call volume, strong recurring commercial relationships — HOAs, storage facilities, and warehouses throughout the metro.
NYC has 70,000+ elevators all requiring licensed annual inspection. Code-mandated, deeply recurring, and dominated by aging independent operators.
We are operators first, investors second. That distinction changes every decision we make.
We contact sellers directly — by mail, by phone, and in person. We build relationships before there's an asking price. That means lower acquisition multiples and sellers who are motivated to transition to us specifically.
We don't buy businesses to strip costs and flip them. We buy to run them — retaining employees, serving existing customers, and growing from a stable foundation. This produces better long-term outcomes for everyone.
Each acquisition adds operational leverage across the platform — shared back-office, purchasing power, cross-referral, and management depth. We build a company, not a collection of isolated assets.
We target businesses with proven track records — not turnarounds or startups. We acquire at reasonable multiples and operate for cash flow from day one. Capital preservation is not an afterthought.
Legacy Trade Holdings was founded by Michael Humenik with a straightforward conviction: the men and women who built home-service businesses in this region over the last 30, 40, and 50 years deserve a buyer who will honor what they built — not dismantle it.
We are not a private equity fund deploying institutional capital at scale. We are a holding company run by someone who understands operations, respects tradespeople, and is building for the long term — one carefully selected acquisition at a time.
We believe that disciplined deal selection, operator-quality management, and genuine relationships with sellers and employees will produce better risk-adjusted returns than leverage and financial engineering alone.
"We will never put a financial return ahead of a promise we made to a seller, an employee, or a customer. That's not how we operate. And that's exactly why this works."
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