.
MergerLinks Header Logo

New Deal


Announced

Leonard Green & Partners to acquire Service Logic from Warburg Pincus.

Financials

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

Tags

Edit

Acquisition

Electronic Equipment: Other

United States

Single Bidder

hvac equipment

Private Equity

Majority

Friendly

energy mechanical services

Domestic

Private

Pending

Synopsis

Edit

Leonard Green & Partners, a private equity investment firm, agreed to acquire Service Logic, an independent provider of aftermarket maintenance, repair and replacement services for commercial HVAC equipment, from Warburg Pincus. Financial terms were not disclosed. "Our investment philosophy is to partner with world-class management teams to support market-leading companies with multiple ways to grow. Service Logic exemplifies this market leadership in the commercial HVAC services space, making it an ideal fit. We are excited to partner with Craig and the entire Service Logic team in supporting the next phase of the Company's growth," Chris McCollum, Leonard Green & Partners Partner.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US