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New Deal


Announced

Neighborly to acquire HouseMaster.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

home inspection

Private

Household Equipment and Products

Acquisition

Single Bidder

Friendly

Majority

Pending

Synopsis

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Neighborly, a franchisor of home service brands, agreed to acquire HouseMaster, a professional home inspection franchise. Financial terms were not disclosed. "Our vision is to 'Own the Home' and provide the very best services to homeowners, and this now includes HouseMaster's premier home inspection network with a stellar reputation that more customers can call upon. HouseMaster is a perfect complement to our existing Neighborly brands and presents a tremendous opportunity to grow more franchise locations," Mike Bidwell, Neighborly President and CEO.

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