That ambulance was supposed to be in place within like six to eight months. Received an ambulance in December of 2016 that cost $223,000. Same ambulance today. Same is 423,000. So what's driving this change? Massive consolidation in the fire truck manufacturing industry driven in large part by private equity. For years I've been sounding the alarm about private equity and how they roll up industries where they know they can produce big returns for their investments. (02:21–02:30)
CLAIM
Asserts that private equity has driven significant consolidation in the fire truck manufacturing industry.
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