KPMG Corporate Finance LLC advised Authority Brands, a portfolio company of PNC Riverarch.
Authority Brands is the parent company of two home service franchise concepts, the Cleaning Authority, a provider of residential cleaning services to 100,000+ customers, and Homewatch CareGivers, which delivers in-home care services to the elderly, disabled, and patients requiring after-surgery care. The Company supports more than 300 franchise locations throughout the United States, Canada, and Latin America.
The sale by Apax Partners, a private equity firm, positions Authority Brands to continue to enhance its leading position as a franchisor of residential home services.
We would be delighted to discuss this transaction and the wider M&A market with you – please feel free to contact any member of the transaction team.
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The global Corporate Finance practice of KPMG International’s network of independent member firms was ranked #1 as the top M&A middle-market adviser globally by Thomson Reuters SDC based on number of completed transactions, and has been named the #1 Global Mid-Market firm and Global Private Equity Mid-Market firm, by Bloomberg M&A Advisory League Tables, for 2016.
KPMG Corporate Finance LLC was recently named Transaction Advisory Firm of the Year by The Global M&A Network, and previously named Investment Bank of the Year by The M&A Advisor. KPMG Corporate Finance LLC provides a broad range of investment banking and advisory services to its domestic and international clients. Our professionals have the experience and depth of knowledge to advise clients on global mergers and acquisitions, sales and divestitures, buyouts, financings, debt restructurings, equity recapitalizations, infrastructure project finance, capital advisory, portfolio solutions, fairness opinions, and other advisory needs.