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New Deal


Announced

Completed

New Mountain Capital completed a $90m investment in HomeX.

Financials

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Transaction Value£65m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

United States

Acquisition

Domestic

Private

Online and Social Platforms

Single Bidder

Completed

home services platform

Minority

Friendly

Synopsis

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Private equity firm New Mountain Capital completed a $90m investment in HomeX a home services platform for homeowners and service providers. "Home services is a $500bn market, but it remains highly fragmented and needs meaningful innovation. Similar to how telemedicine has transformed the healthcare space, HomeX is using technology and service excellence to provide greater access, flexibility and connectivity to both homeowners and service providers," Michael Werner, HomeX Founder and CEO.

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