Announced
Financials
Tags
Pending
Domestic
Friendly
Private
Majority
Household Equipment and Products
Single Bidder
home services
United States
Acquisition
Private Equity
Synopsis
KKR agreed to acquire Neighborly, the provider and franchisor of home service brands, from Harvest Partners, a private equity firm. Financial terms were not disclosed. “In a large and highly fragmented industry, Neighborly stands out for its differentiated strategy of bringing together adjacent services under a diversified and tech-enabled platform, and – most importantly – for its unrivaled dedication to customer service. We are thrilled to be investing in the Neighborly team as they continue to execute on their mission: enriching people’s lives by delivering amazing experiences,” Felix Gernburd, KKR Managing Director.
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