Levine Leichtman Capital Partners has partnered with management to acquire Five Star Franchising, a Utah-based platform of home-services franchise brands, from Princeton Equity Group, the firm said on 10 November 2026.
Why Levine Leichtman Capital Partners is buying Five Star Franchising
LLCP described Five Star as one of the fastest-growing platforms for home-services brands, with market-leading franchise development and marketing support.
Deal terms and financing
Financial terms were not disclosed. Kirkland & Ellis and Greenberg Traurig advised LLCP, and Robert W. Baird advised Five Star.
Market context
Founded in 2004 and backed by Princeton Equity since 2021, Five Star has more than 870 locations across eight brands in the US and Canada. Co-founders Scott Abbott, chief executive, and Chad Jones, chief operating officer, remain in charge.
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