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

Synopsis

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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