Levine Leichtman acquires Five Star Franchising from Princeton Equity Group
Franchisor of home services brands with over 870 locations across the US and Canada, based in Springville, Utah; financial terms were not disclosed.
Financial terms were not disclosed.
Five Star Franchising, founded in 2004 and headquartered in Springville, Utah, runs eight franchised home services brands, including Five Star Bath Solutions, Bio-One, 1-800 Packouts and Mosquito Shield, with over 870 locations in the US and Canada. It also includes ProNexis, a digital marketing and lead generation provider. The company will continue to be led by co-founders Scott Abbott, CEO, and Chad Jones, COO.
The deal is the sixth platform investment of Levine Leichtman Capital Partners VII, L.P. Kirkland & Ellis and Greenberg Traurig advised LLCP, and Robert W. Baird & Co. advised Five Star.
Deal facts
- Target
- Five Star Franchising
- Business
- Franchisor of home services brands with over 870 locations across the US and Canada
- Buyer
- Levine Leichtman Capital Partners
- Seller
- Princeton Equity Group
- Deal type
- Platform
- Headquarters
- Springville, UT
- Advisers
- Kirkland & Ellis LLP legal counsel to Levine Leichtman Capital Partners
- Greenberg Traurig LLP legal counsel to Levine Leichtman Capital Partners
- Robert W. Baird & Co. financial adviser to Five Star Franchising
- Status
- Completed
- Announced
- Tuesday, November 10, 2026
Sources
- PR NewswireNov 10, 2026
- Business WireNov 10, 2026
- AOL.comNov 10, 2026
- Yahoo FinanceNov 10, 2026
- citybizNov 10, 2026
Written by Buyout Desk from the sources above. Spotted an error? Email corrections@buyoutdesk.com.