Announced
Financials
Tags
hauling
Single Bidder
Pending
United States
environmental services
Private Equity
Majority
Friendly
Environmental / Waste Management
Acquisition
Domestic
Private
Synopsis
KKR-backed Neighborly, a home services company, agreed to acquire Junk King, a junk removal and hauling company, from Norwest Venture Partners, an American venture and growth equity investment firm. financial terms were not disclosed. “At Neighborly, we want to be the mainstream home services a homeowner typically needs on a reoccurring basis. We saw Junk King as another excellent opportunity to expand into a new service vertical with a brand that has a strong reoccurring business model and potential for growth. Junk King is one of a handful of scaled franchised companies operating in the $10bn junk removal market today," Mike Bidwell, Neighborly President and CEO.
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.