Pimlico Plumbers has been acquired by Neighborly Inc. (KKR)
The founding shareholders of Pimlico Plumbers have sold the company to Neighborly Inc.
Founded in 1979 by Charlie Mullins, Pimlico Plumbers is the UK’s largest independent home services company. The business has grown rapidly throughout the UK over recent years and continued to grow during the pandemic and lockdown restrictions. Its core offerings comprise plumbing and heating repair both on a project-by-project and emergency call-out basis. However, in more recent years, the company has diversified its portfolio of services into drain unblocking, bathroom fit-outs, electrical repair, electrical appliances, carpentry, roofing and building.
Neighborly is the world’s largest franchisor of home service brands, operating a similar model to Pimlico Plumbers. The company is owned by KKR, one of the world’s largest private equity firms. This acquisition expands Neighborly to 29 brands across 19 service verticals and nearly 1,500 associates operating in nine countries. It provides them with ownership of a celebrated British brand and access to the UK market. Pimlico’s wide array of trade services and its exceptional customer care perfectly align with Neighborly’s purpose.
Oaklins Cavendish, based in the UK, advised the founding shareholders of Pimlico on the sale of the business.



Scott Mullins
President and CEO, Pimlico Plumbers
Sprechen Sie mit dem Deal-Team
Tom Holland-Hibbert
Oaklins Cavendish
Transaktionen
Ambala Foods Limited has been acquired by Cake Box Holdings plc
Cake Box Holdings plc has acquired the Asian dessert specialist Ambala Foods Limited.
Mehr erfahrenHC Partners has successfully secured debt financing for the acquisition of West Friesland Dakbedekkingen
Dutch private equity firm HC Partners has formed a strategic partnership with West Friesland Dakbedekkingen B.V. (WFD). This marks HC Partners’ entry into the roofing sector, with plans to build a national platform of regional roofing specialists.
Mehr erfahrenDanish leader in access control systems has been sold to Vækst-Invest
Unitek, a leading provider of innovative access control systems in Denmark, has been acquired by the Danish private equity firm Vækst-Invest to drive its growth and expansion.
Mehr erfahren