[bombcar]

I knew some local guys that basically made a living doing that - start an HVAC company, get it working good, sell it to a equity group, they destroy it pretty quickly, everyone quits, then one of the other original guys starts a new HVAC company, gets it working good, sells it ...

[bhewes]

Oil and Gas field services does the same thing and only difference is they buy the company back and then flip it again.