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New Deal


Announced

Friendly Group to acquire Day & Night.

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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Majority

Domestic

Private

Household Equipment and Products

Pending

HVAC and plumbing maintenance

Acquisition

Friendly

United States

Single Bidder

Synopsis

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Friendly Group, a home services company, agreed to acquire Day & Night, a heating, ventilation, and air conditioning (HVAC) and plumbing services company. Financial terms were not disclosed. "Day and Night's relationships with their customers and community are some of the best I have ever seen, and the people and culture behind that is the reason for the strength of this brand. We can't wait to build on that legacy with Mike and his leadership team," Joe Bergman, Friendly Group CEO.

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