Permira agrees to acquire majority stake in Flint Group from General Atlantic

Permira Funds have agreed to acquire a majority stake in Flint Group from General Atlantic, according to an announcement dated November 5, 2026. The transaction is subject to customary closing conditions, including required regulatory approvals, and is expected to close by the end of 2026. Financial terms were not disclosed.

Flint provides HVAC, plumbing, electrical, and sewer and drain services through a platform of 20 home services brands across 15 US markets. Founded in 2019, the company has grown by acquiring and partnering with long-standing independent businesses.

Goldman Sachs & Co. LLC and Ropes & Gray LLP advised Permira. William Blair and Jefferies advised General Atlantic and Flint as financial advisers, and Paul, Weiss, Rifkind, Wharton & Garrison LLP acted as legal adviser to General Atlantic and Flint. Dorsey & Whitney LLP also advised Flint.