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New Deal


Announced

Completed

Apax-backed Authority Brands completed the acquisition of The Junkluggers.

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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Private Equity

Completed

Friendly

Private

United States

Waste and Disposal Services

Single Bidder

Acquisition

Majority

waste management

Domestic

Synopsis

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Apax-backed Authority Brands, a franchisee growth through providing strong marketing, technology and operational support, completed the acquisition of The Junkluggers, an eco-friendly junk removal franchise. Financial terms were not disclosed. "The Junkluggers is a natural fit to our ever-expanding Authority Brands portfolio of home service brands. As we celebrate Authority Brands' 5th anniversary, we look forward to the coming years of continued growth and success, much of which is made possible by our strategic acquisitions and our partnership with mission-driven brands that align with our core values. We are excited to welcome The Junkluggers to our family of brands and support them as they continue their upward growth trajectory and expand their franchise business," Craig Donaldson, Authority Brands CEO.

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