Announced
Financials
Tags
Engineering Consulting
Acquisition
Private Equity
Single Bidder
Majority
Building Sub Contractors
engineering services
United States
Friendly
Private
Pending
Synopsis
Thompson Street Capital Partners, a private equity firm, agreed to acquire Len The Plumber, a full-service residential plumbing contractor. Financial terms were not disclosed. “We chose TSCP because they differentiated themselves in their approach to deal origination. It was very important to us that we chose an equity partner that could help us execute an aggressive M&A add-on strategy right away. After evaluating multiple options, it was clear that TSCP was the right choice for us to take LTP to the next level, because of their work ethic, culture, and systematic approach to managing a large funnel of deal opportunities,” Jeff Cooper, LTP CEO.
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