Permira to buy majority stake in Flint Group
The deal values the residential HVAC, plumbing, and electrical platform at more than $1.5 billion, per Reuters
Image: Kansas City, MO, Flint Group HQ, via Adobe
Private equity firm Permira has agreed to buy a majority stake in Flint Group, the companies announced Thursday.
What’s happening: The deal values the residential HVAC, plumbing, and electrical platform at more than $1.5 billion, Reuters reported, citing unnamed sources — and comes roughly two months after Homepros first reported that the company was exploring a sale.
- Flint generated over $400 million in revenue in 2025, up more than threefold from 2022, according to regional business publication Ingram’s, though current annualized revenue and EBITDA figures couldn’t be ascertained.
A representative for Flint Group declined to comment. Permira pointed Homepros to a news release when asked for comment.
Zoom out: Founded in 2019 and based in Kansas City, Missouri, Flint Group has partnered with 20 residential HVAC, plumbing, and electrical businesses across 15 U.S. markets, from Washington State to Florida.
- In 2023, the company received a strategic investment from private equity firm General Atlantic. Financial terms weren’t publicly disclosed.
Looking ahead: The deal is expected to close before the end of this year.
This is breaking news. Check back for updates.
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