Add-on Acquisition • Business Services

Friendly Group Acquires Day & Night

On January 13, 2022, Friendly Group acquired business services company Day & Night

Acquisition Context
  • This is Friendly Group’s 2nd transaction in the Business Services sector.
  • This is Friendly Group’s 2nd transaction in the United States.
  • This is Friendly Group’s 1st transaction in Arizona.

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M&A Deal Summary

Date January 13, 2022
Target Day & Night
Sector Business Services
Buyer(s) Friendly Group
Deal Type Add-on Acquisition

Target Company

Day & Night

Phoenix, Arizona, United States
Day & Night is a heating, ventilation, and air conditioning (HVAC) and plumbing services company located in Phoenix, Arizona.
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Buyer Overview 1

Buyer

Friendly Group

Westlake, Texas, United States

Category Company
Sector Business Services
DESCRIPTION

Friendly Group is a home services company that builds and operates a network of businesses in the sector, with a stated focus on employee-centered organizational practices. Friendly Group is based in Westlake, Texas.


Deal Context for Buyer #
Overall 2 of 2
Sector: Business Services 2 of 2
Type: Add-on Acquisition 2 of 2
State: Arizona 1 of 1
Country: United States 2 of 2
Year: 2022 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-16 Western Heating & Air

Orem, Utah, United States

Western Heating & Air is a home services HVAC company serving the Orem and Lehi, Utah, areas. Their primary services are heating and cooling, indoor air quality and solar panels. Western Heating & Air is based in Orem, Utah.

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