Every PE/M&A signal we can find, concrete deals and the broader market mood, each pinned to a verbatim quote from its source. 6 signals in the record.
Signals are reports drawn from public coverage and print archives, presented as reported by their sources. Naming a company in a signal is not an accusation against it. See our methodology and legal notes.
MSCP is exploring a sale of Sila Services, potentially valuing the residential services firm at approximately $1.5 billion including debt.
“Morgan Stanley's middle-market buyout arm is exploring a sale of Sila Services that could value the residential services company at about $1.5 billion, including debt”
MSouth Equity Partners has initiated a sale process for its residential HVAC, plumbing, and electrical platform, USA Hometown Experts. The company is valued at potentially $480 million or more based on current peer multiples of roughly 16x EBITDA.
“MSouth Equity Partners is exploring a sale of residential HVAC, plumbing, and electrical platform USA Hometown Experts, with the company generating $30–40M in EBITDA and potentially valued at $480M or more at current peer multiples.”
Sila Services reportedly reached a valuation of approximately $1.5 billion.
“Sila Services reportedly reached a valuation of approximately 1.5 billion dollars”
Service Logic's most recent recapitalization with Warburg Pincus cleared a reported 12x to 13x EBITDA, reflecting strong platform valuations.
“Service Logic’s most recent recap with Warburg Pincus cleared a reported 12x to 13x.”
Wrench Group's recapitalization with Leonard Green valued the platform at roughly 13x EBITDA, indicating a high-multiple transaction in the home services space.
“Wrench Group’s recapitalization with Leonard Green valued the platform at roughly 13x EBITDA.”
Host notes a recent sale of Sila for record dollars and expects Heartland and other large HVAC platforms to try to trade in the coming year, even as the sector contends with the Air Pros bankruptcy.
“And this is just following Sela selling for like record dollars. Heartland is going to try to trade in the next year. All the big ones are going to try to trade.”