Announced
Completed
Financials
Tags
Consumer Services: Other
Majority
Completed
Private
Private Equity
franchise operator
Single Bidder
United States
Acquisition
Friendly
Domestic
Synopsis
MidOcean Partners, an American private equity firm specializing in leveraged buyouts, recapitalizations and growth capital investments in middle-market companies, completed the acquisition of LYNX Franchising, a multi-brand franchise platform focused on B2B services offering commercial cleaning, fabrics and electronics restoration. Financial terms were not disclosed. "We are excited about the acquisition and are eager to partner with a firm that is so dedicated to helping us take our brand even further. Our industry leading model and experience, coupled with MidOcean Partners' resources is an incredible combination, and we are eager to see where this partnership takes our brand, especially as we continue our mission to help protect businesses, their customers and their employees from Covid-19," Gary Bauer, LYNX Franchising Brand President.
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