M&A Deal Summary

Lovett Acquires Fayette

On June 28, 2023, Lovett acquired business services company Fayette

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

M&A Deal Summary

Date 2023-06-28
Target Fayette
Sector Business Services
Buyer(s) Lovett
Deal Type Add-on Acquisition

Target

Fayette

Lake Havasu, Arizona, United States
Fayette is a HVAC and custom sheet metal fabrication company. The Company has a new construction division tailored to meet the needs for the construction of custom homes, owner-builder projects, and remodeling projects. Fayette was founded in 2000 and is based in Lake Havasu, Arizona.

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Buyer(S) 1

Buyer

Lovett

Portland, Oregon, United States

Category Company
Founded 1997
Sector Construction
DESCRIPTION

Lovett, Inc. is a construction services provider for drain cleaning, plumbing, masonry restoration, excavation, directional drilling, and vac-truck projects. Lovett, Inc. was founded in 1997 and is based in Portland, Oregon.


DEAL STATS #
Overall 2 of 2
Sector (Business Services) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (Arizona) 1 of 1
Country (United States) 2 of 2
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-03-26 Synergy Restoration & Construction

Portland, Oregon, United States

Synergy Restoration & Construction LLC is a full-service restoration company providing fire, smoke, water, and storm damage containment, repair, and remodeling services. Synergy Restoration & Construction LLC was founded in 1998 and is based in Portland, Oregon.

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