Leaf Home Acquires Erie Home

Leaf Home has acquired Erie Home in a transaction that combines two Gridiron Capital-backed direct-to-consumer residential services businesses to create the largest DTC home solutions platform in North America. Ares Management led a preferred equity investment to support the deal, Apollo-led debt financing provided the acquisition financing, and Gridiron will retain majority ownership of the combined company, which will operate across 48 U.S. states and Canada with more than 300 field offices.