Divestiture May 2023 · Eastern US Verified
Grove Mountain Partners sells Unique Indoor Comfort to Ace Hardware
PE-backed Grove Mountain Partners sold its home-services roll-up Unique Indoor Comfort Holdings LLC to Ace Hardware; the existing management team continues to lead the company. Cowen advised as lead financial advisor with Citizens as co-advisor and DLA Piper as legal counsel.
“ATLANTA — Grove Mountain Partners announced the sale of Unique Indoor Comfort Holdings LLC to Ace Hardware. Nate Kukla, CEO, and the entire management team, including the brand presidents, will continue to lead the company as it embarks on its next growth phase.”
Entities
Ace Hardware · Acquirer Citizens · Advisor Cowen · Advisor DLA Piper LLC · Advisor Grove Mountain Partners · Sponsor Unique Indoor Comfort Holdings LLC · Target
ElectricalHVACPlumbing Sentiment: Positive
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