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New Deal


Announced

Completed

OMERS Private Equity completed the acquisition of TurnPoint Services from Trivest Partners.

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

Real Estate Services

Acquisition

residential services

Cross Border

Completed

Majority

Private

Friendly

Single Bidder

Private Equity

Synopsis

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OMERS Private Equity completed the acquisition of TurnPoint Services, a provider of residential services, including heating, ventilation, and air conditioning along with plumbing and electrical, from rpivate equity firm Trivest Partners. Financial terms were not disclosed. “Kurt and the team have built TurnPoint into a leader in the residential services space, and we look forward to partnering with them. One of the most exciting elements of the strategy is TurnPoint’s use of technology to improve service delivery and customer experience. The residential services industry is changing rapidly, and TurnPoint is well-positioned within this changing market," Graham Brown, OMERS Private Equity Managing Director.

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