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Transactions / Len The Plumber

Thompson Street Capital Partners Acquires Plumbing Services Provider Len The Plumber

Platform acquisitionannouncedannounced Feb 19, 2020Fact
What happened
Platform
not an add-on on record
Control
Control
Share acquired
unknown
Industry
home_services / plumbing
Target location
unknown
Seller kind
unknown
Rollover
unknown
Values, only where disclosed
Enterprise value
Not disclosed
Purchase price
Not disclosed
Equity value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
Multiple
Not disclosed
Parties and roles
3 named
Buy side
  • Thompson Street Capital Partners (TSCP), a private equity firm based in St. Louis, announced today that they have partnered with management to acquire Len the Plumber (LTP), a leading full-service residential plumbing contractor in the Baltimore-Washington metro area and the surrounding regions.
Side not stated
  • Jeff CooperManagementconfirmed
    “We chose TSCP because they differentiated themselves in their approach to deal origination,” said Jeff Cooper, CEO, LTP.
  • Len The PlumberTargetconfirmed
    Thompson Street Capital Partners (TSCP), a private equity firm based in St. Louis, announced today that they have partnered with management to acquire Len the Plumber (LTP), a leading full-service residential plumbing contractor in the Baltimore-Washington metro area and the surrounding regions.
Evidence
Thompson Street Capital Partners (TSCP), a private equity firm based in St. Louis, announced today that they have partnered with management to acquire Len the Plumber (LTP), a leading full-service residential plumbing contractor in the Baltimore-Washington metro area and the surrounding regions.
Thompson Street Capital Partners Acquires Plumbing Services Provider Len The Plumber | Private Equity Intelligence | DFX