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New Deal


Announced

Altamont Capital Partners to acquire Service Minds.

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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HVAC and plumbing maintenance

Friendly

Pending

Private

United States

Private Equity

Single Bidder

Domestic

Acquisition

Majority

Property Services

Synopsis

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Altamont Capital Partners, a private equity firm, agreed to acquire Service Minds, a provider of electrical, plumbing and HVAC services. Financial terms were not disclosed. "Service Minds holds great potential for growth thanks to a strong business model that provides critical services, delivers industry leading customer service, has developed best-in-class training and apprenticeship programs, and offers exciting career development opportunities for its team members. We could not be more excited to have an opportunity to partner with this team and leverage our experience driving growth through infrastructure investment, team member recruitment and retention, organic sales drivers, and mergers and acquisitions within franchise systems," Kevin Mason, Altamont Managing Director.

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