Announced
Completed
Synopsis
Knox Lane, a growth-oriented investment firm, completed the acquisition of a majority stake in HighGround, a residential restoration services platform, from Trivest Partners, a private equity firm focused on founder and family-owned businesses. Financial terms were not disclosed. "We are incredibly proud of what we have built at HighGround and are excited about the opportunity ahead of us. We take pride in our work and the results we deliver to our customers, and there is tremendous runway for our company as we continue to scale nationally. We are grateful to have found a partner in Knox Lane that deeply understands our business, brings significant experience and capabilities, and shares our values. We look forward to benefitting from Knox Lane's expertise in this next phase of growth and value creation," Ben Balsley, HighGround CEO.
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