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New Deal


Announced

Completed

Roark Capital-backed ServiceMaster completed the acquisition of TWO MEN AND A TRUCK.

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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Completed

Domestic

United States

Majority

Private Equity

Private

Transportation Services

logistics services

moving services

Friendly

Acquisition

Single Bidder

Synopsis

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Roark Capital-backed ServiceMaster, a provider of residential and commercial cleaning, restoration and moving services, completed the acquisition of TWO MEN AND A TRUCK, a provider of moving services. Financial terms were not disclosed. "We have much to be proud of. What started as a small, local moving company with simply two men and a truck, has grown to an extensive franchise network with locations in the US, Canada, the UK and Ireland. Now we are eager to take our brand to the next level. We are confident the combination of our mission of exceeding customers' expectations with our shared commitment to innovation will drive further growth for both TWO MEN AND A TRUCK and ServiceMaster Brands," Jon Nobis, TMTI CEO.

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