sur Boxwood Partners, LLC (isin : US21839P2065)
Boxwood Partners Facilitates Acquisition of Punctual Pros by Broad Sky Partners
Boxwood Partners, a prominent investment bank, has successfully advised Punctual Pros, a distinguished franchisee within Authority Brands, on its acquisition by Broad Sky Partners. This strategic investment unites Punctual Pros, known for operating high-quality residential services franchises, with the expertise of Broad Sky Partners, a private equity firm with a focus on business and consumer services. The company has built its reputation as a leader in residential services in Lancaster, PA, through its franchise operations including One Hour Heating & Air Conditioning, Benjamin Franklin Plumbing, and Mister Sparky Electrical.
The transaction, details of which were undisclosed, was spearheaded by a team of experienced professionals from Boxwood Partners, highlighting the investment bank’s depth in facilitating significant deals within the franchising sector. This deal underscores Boxwood Partners' dominant position as an advisor in franchising and represents its second transaction within Authority Brands and seventh in the residential franchisee segment.
Leaders of both companies expressed optimism regarding the acquisition. Matt Buckwalter, Punctual Pros' CEO, praised Boxwood's crucial role in the negotiation process, attributing the deal's success to their comprehensive understanding of the franchise and residential services sectors. Broad Sky Partners acknowledged the strong leadership and value-driven culture at Punctual Pros, expecting to support the company in capitalizing on growth opportunities in the market.
R. E.
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