Public Companies Active in LMM Add-On Acquisitions

Many public companies are very active lower-middle-market acquirers in the trades. Examples include Rollins in pest control, APi Group in fire/safety and specialty services, Comfort Systems USA in commercial HVAC, and Driven Brands in auto service, challenging the assumption that only large businesses are targeted.

“Many public companies are very active LMM acquirers. Rollins (NYSE: ROL) acquires $200K-$10M EBITDA pest control businesses. APi Group (NYSE: APG) acquires $2M-$50M EBITDA fire/safety and specialty services businesses. Comfort Systems USA (NYSE: FIX) acquires $5M-$50M commercial HVAC. Driven Brands (NASDAQ: DRVN) acquires $500K-$5M auto service businesses.”

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.