SBJ Capital Acquires Sydnic, a Leading Precision Garage Door Service Franchisee
November 15, 2023
SBJ Capital, a San Francisco Bay Area private investment firm, has acquired Sydnic, LLC, a leading franchisee of Precision Garage Door Service (a Neighborly brand). Sydnic operates 10 franchise locations across North Carolina, South Carolina, Georgia and Virginia; founder Doug Kale will serve as Chairman and SBJ plans to grow Sydnic into a multi-brand residential services platform with debt financing provided by Tree Line Capital Partners.
- Buyers
- SBJ Capital
- Targets
- Sydnic, LLC
- Industry
- HVAC & Mechanical
- Location
- United States
- Transaction Type
- Buyout
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