Cobepa Acquires Ned Stevens from AVALT with Co-investment from The Jordan Company and Management
November 2, 2022
Cobepa S.A. has acquired Ned Stevens from family office AVALT in a transaction completed with co-investment from The Jordan Company and Ned Stevens' existing management team; AVALT will remain a minority investor. Ned Stevens, founded in 1965 and headquartered in Fairfield, New Jersey, is a leading provider of exterior residential services operating in 15 states and serving over 140,000 customers; Cobepa intends to support organic and inorganic growth of the business.
- Buyers
- Cobepa S.A., The Jordan Company, L.P., Ned Stevens management team
- Targets
- Ned Stevens
- Sellers
- AVALT
- Industry
- Professional Services
- Location
- New Jersey, United States
- Transaction Type
- Buyout
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