Authority Brands Acquires STOP Restoration
November 4, 2020
Authority Brands, a PE-backed home‑services franchisor based in Columbia, Maryland, has purchased Service Team of Professionals ("STOP Restoration"), a Bloomington, Indiana‑based restoration franchisor operating in 31 U.S. territories. Terms were not disclosed; Boxwood Partners advised STOP Restoration and Apax Partners (Authority Brands' investor) commented on the strategic fit as an expansion of Authority Brands' home‑service portfolio.
- Buyers
- Authority Brands, LLC
- Targets
- Service Team of Professionals ("STOP Restoration")
- Platforms
- Authority Brands, LLC
- Industry
- Environmental Services
- Location
- Indiana, United States
- Transaction Type
- Addon
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