Avalt Holdings acquired Ned Stevens Gutter Cleaning & General Contracting Inc., which provides residential gutter cleaning and exterior home services.
Twin Brook Capital Partners served as administrative agent on $133 million of debt financing to support the transaction, along with Audax Private Debt and Carlyle Group's Global Credit Opportunities Fund.
Avalt, which is a family office that directly invests in the private equity space, received legal and accounting advice from Ropes & Gray LLP and Alvarez & Marsal, respectively.
