Funds advised by Permira have agreed to acquire a majority stake in Flint, a US residential home services platform, from General Atlantic, the companies said on 5 November 2026. Financial terms were not disclosed.
Why Funds advised by Permira is buying Flint Group (majority stake, from General Atlantic)
Permira plans to back Flint's next phase of growth, adding brands, entering new markets, broadening its services and investing in technology and talent.
“Permira understands what makes our model work and shares our ambition for what Flint can become.”
Deal terms and financing
The release did not disclose a price. Headlines from Hoodline and Dealroom put the valuation above US$1.5bn, a figure the parties have not confirmed. Goldman Sachs advised Permira, with Ropes & Gray as legal counsel; William Blair and Jefferies advised General Atlantic and Flint.
Regulatory approvals and timing
The transaction is subject to customary closing conditions, including regulatory approvals, and is expected to close by the end of 2026.
Market context
Flint was founded in 2019 and operates 20 local home services brands across 15 US markets, offering HVAC, plumbing, electrical and sewer and drain services.
