Blackstone Group LP is nearing a deal to acquire cleaning- and emergency-restoration services provider Servpro Industries Inc. for more than $1 billion including debt, according to people familiar with the matter. The private-equity firm has emerged as the winner in an auction for Servpro run by investment bank Harris Williams & Co., the people said. Servpro,...
Source: Wall Street Journal March 18, 2019 19:07 UTC