Announced
Financials
Tags
home remodeling
restoration
Single Bidder
Building Roofing/Wallboard and Plumbing
Pending
Friendly
Domestic
Majority
Private Equity
Private
Acquisition
exterior restoration
United States
Synopsis
Bessemer Investors-backed Legacy Restoration, a provider of home restoration and remodeling services, agreed to acquire Janney Construction, a provider of exterior restoration and remodeling services. Financial terms were not disclosed. "We are excited to welcome Derek and the Janney team, along with Janney's retail expertise and marketing capabilities, to Legacy. The addition of Janney allows us to extend our geographic footprint into the southeast with one of the highest rated roofing organizations in the country. This is an important next step in Legacy and Bessemer's joint goal of building the largest and highest performing exterior restoration business in the country," Scott Mullins, Legacy CEO.
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