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
Location
New Jersey, United States
Transaction Type
Buyout

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