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New Deal


Announced

Completed

Neighborly completed the acquisition of Pimlico Plumbers.

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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Private

Friendly

Completed

Acquisition

Single Bidder

Cross Border

Consumer Services: Other

maintenance services

Majority

United Kingdom

Synopsis

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Neighborly, a provider of residential and commercial repair and maintenance services, completed the acquisition of Pimlico Plumbers, a provider of domestic repair and maintenance services. Financial terms were not disclosed. “Pimlico’s wide array of trade services as well as its exceptional customer care perfectly align with Neighborly’s purpose, which is to build an extensive service community known for providing excellent experiences. We are excited for the growth to come for both Pimlico and Neighborly as a result of this acquisition," Mike Bidwell, Neighborly President and CEO.

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