M&A Deal Summary

Roto-Rooter Group Acquires Hoffman Southwest - Roto-Rooter Franchise Operations

On September 16, 2019, Roto-Rooter Group acquired franchising company Hoffman Southwest - Roto-Rooter Franchise Operations from National Underground Group for 120M USD

Acquisition Highlights
  • This is Roto-Rooter Group’s 1st transaction in the Franchising sector.
  • This is Roto-Rooter Group’s largest (disclosed) transaction.
  • This is Roto-Rooter Group’s 1st transaction in the United States.
  • This is Roto-Rooter Group’s 1st transaction in California.

M&A Deal Summary

Date 2019-09-16
Target Hoffman Southwest - Roto-Rooter Franchise Operations
Sector Franchising
Buyer(s) Roto-Rooter Group
Sellers(s) National Underground Group
Deal Type Divestiture
Deal Value 120M USD

Target

Hoffman Southwest - Roto-Rooter Franchise Operations

Mission Viejo, California, United States
Hoffman Southwest Corp. - Roto-Rooter Franchise Operations is an independent franchise operator.

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Buyer(S) 1

Buyer

Roto-Rooter Group

Cincinnati, Ohio, United States

Category Company
Founded 1935
Sector Business Services
DESCRIPTION

Roto-Rooter Group, Inc. is a provider of plumbing, drain cleaning and water cleanup services. Roto-Rooter Group, Inc. was founded in 1935 and is based in Cincinnati, Ohio.


DEAL STATS #
Overall 1 of 1
Sector (Franchising) 1 of 1
Type (Divestiture) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2019) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

National Underground Group

Irvine, California, United States

Category Company
Founded 1947
Sector Business Services
DESCRIPTION

National Underground Group is a technology-enabled underground infrastructure service provider to municipal, utility and engineering customers across the U.S. NUG’s primary services include pipeline inspection, repair & cleaning, utility locating, and trenchless pipeline sewer and storm drain rehabilitation. National Underground Group was formed in 1947 and is based in Irvine, California.


DEAL STATS #
Overall 1 of 1
Sector (Franchising) 1 of 1
Type (Divestiture) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2019) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-23 Accumark

Ashland, Virginia, United States

Accumark, Inc. is a provider of subsurface utility engineering, underground utility locating, pipe inspection and pipe cleaning services across the Mid-Atlantic U.S.

Buy -