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L Catterton To Acquire Ltp Home Services Group, Positioning Ltp As The Partner Of Choice In The Plumbing And Hvac Industry

PRIVATEMar 22, 2022

Acquiring Company

L Catterton

Acquired Company

LTP Home Services Group

GreenwichProfessional ServicesConsumer GoodsAngel Investment

Description

L Catterton, the largest global consumer-focused private equity firm, today announced that it has reached an agreement to acquire LTP Home Services Group ("LTP" or "the Company"), a leading residential plumbing and HVAC services platform operating in the Mid-Atlantic and Southeast regions, from Thompson Street Capital Partners ("TSCP"). TSCP will retain a board seat and minority stake in the Company. Terms of the transaction were not disclosed.

Quick answer

L Catterton is acquiring LTP Home Services Group, announced March 22, 2022. L Catterton is based in Greenwich, Connecticut, United States.

How much did L Catterton pay for LTP Home Services Group?
The deal value was not disclosed.
What does L Catterton do?
With more than $30 billion of equity capital across its fund strategies and 17 offices around the world, L Catterton is the largest global consumer-focused private equity firm.
Where are L Catterton and LTP Home Services Group based?
L Catterton is based in Greenwich, Connecticut, United States.
Who are the decision-makers at L Catterton?
Fundz holds 1 contact at L Catterton. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

L Catterton

Location

Greenwich, Connecticut, United States

About

With more than $30 billion of equity capital across its fund strategies and 17 offices around the world, L Catterton is the largest global consumer-focused private equity firm. Leveraging deep category insight, operational excellence, and a broad strategic network of relationships, L Catterton's team of nearly 200 investment and operating professionals support management teams around the world in building strong, category-leading brands. Since 1989, the firm has made approximately 250 investments in consumer businesses. For more information about L Catterton, please visit lcatterton.com.

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Frequently asked

Who acquired LTP Home Services Group?

LTP Home Services Group was acquired by L Catterton, based in Greenwich. The deal was reported on March 22, 2022. With more than $30 billion of equity capital across its fund strategies and 17 offices around the world, L Catterton is the largest global consumer-focused private equity firm. L Catterton is privately held and operates in Professional Services.

When did L Catterton acquire LTP Home Services Group?

L Catterton's acquisition of LTP Home Services Group was reported on March 22, 2022. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does LTP Home Services Group do?

Founded in 1996 by Len Bush as "Len the Plumber," LTP Home Services Group is a leading residential services company with a specialization in plumbing and HVAC services, operating across the Mid-Atlantic and Southeast regions under six brands. It is privately held.

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