Deal radar ·
LLCP and management acquire Five Star Franchising from Princeton Equity
Home services franchising
Levine Leichtman Capital Partners has partnered with management to acquire Five Star Franchising, a Utah-based platform of eight home services franchise brands, from Princeton Equity Group.
News: A sponsor-to-sponsor sale where the co-founders stay in charge and the new owner plans to add brands.
Why it matters: LLCP says it will grow unit count and acquire additional brands, so small home services franchisors become potential targets.
Radar: Watch for Five Star buying more home services franchise brands. Deal value was not disclosed.
People involved
- Scott Abbott – Management.
- Chad Jones – Management.
- Matthew Frankel – Buyer.
- Greg Flaster – Buyer.
A name here does not mean that person signed the purchase agreement.
Source: Levine Leichtman Capital Partners (PR Newswire), 11/10/2026.
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