Blackstone Nears Deal to Acquire Servpro Industries - News Summed Up

Blackstone Nears Deal to Acquire Servpro Industries


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



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