Cobepa and The Jordan Company completed the acquisition of Ned Stevens from Avalt.

Cobepa, an independent, privately held investment company, and The Jordan Company, a middle-market private equity firm, completed the acquisition of Ned Stevens, a provider of exterior residential services, from Avalt, a family office. Financial terms were not disclosed. "Our team couldn't be more excited to partner with Cobepa. As the global market leader in our industry, Ned Stevens is ready to achieve significant long-term growth. Our customers and employees deserve the best, and in Cobepa we have a partner that has extensive experience in residential services, as well as the resources necessary to enable us to deliver the best. The next phase of Ned Stevens starts today, and we are lucky to be fully aligned with a great partner in Cobepa," Rob Rapuano, Ned Stevens CEO.