The private shareholders of The Home Service Store, Inc. (HSS), a rapidly growing asset light home improvement solutions provider, have sold the company to Roark Capital Group (Roark). Financial details have not been disclosed.
HSS, a portfolio company of Jupiter Partners, is a nationwide platform providing consumers with reliable end-to-end solutions for the purchase and installation of big ticket do-it-for-me home improvement products and projects. By leveraging its nationwide network of contractors and its high value systems infrastructure, HSS enables a cross section of America’s most respected retailers and building products manufacturers to offer their customers turn-key home improvement project solutions.
Roark Capital Group is a private equity firm that specializes in franchise, brand management, environmental services and marketing services companies with attractive growth prospects. Roark focuses on middle market investment opportunities through family owned business transfers, management and corporate buyouts, recapitalizations, going-private transactions and corporate divestitures.
One of Oaklins' teams in the USA acted as financial advisor to the seller in this transaction.
James S. Grien
© Oaklins. All rights reserved. Oaklins refers to Oaklins International Inc. and/or one of its member firms, each of which is a separate legal entity. Please see www.oaklins.com/legal for further details.