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Add-on acquisition May 2024 Verified

Sila Services has acquired roughly 35 companies building its platform

Sila's CEO states the company has acquired about 35 companies while building its home-services platform, targeting healthy businesses rather than turnarounds.

“in our several years of building a platform, we've acquired about 35 companies along the way. And with all those, we actually want to make them better. We don't acquire companies that are in trouble and try to fix them.”

Entities

ElectricalHVACPlumbing

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.