Five Star Franchising Is Acquired by LLCP

Five Star, a portfolio company of Princeton, sale to LLCP


Summary

Five Star Franchising (“Five Star” or the “Company”), a portfolio company of Princeton Equity Group (“Princeton”), has been acquired by Levine Leichtman Capital Partners, LLC (“LLCP”). Financial terms of the transaction were not disclosed.

Baird served as the exclusive financial advisor to Five Star on this transaction.

About
Five Star was founded in 2004 by Scott Abbott and Chad Jones and is a leading platform of franchisor brands in the home services segment, with locations across the United States and Canada. The Company provides a broad range of services across its eight brands – Bath Solutions, Gotcha Covered, Bio-One, 1-800 Packouts, Mosquito Shield, Card My Yard, Five Star Flooring and Decorate With Lights. Five Star also includes ProNexis, a provider of digital marketing and services to support lead generation. Five Star is headquartered in Springville, Utah.

Princeton is among the most experienced franchisor and multi-location investors in the United States, managing approximately $3.0 billion in assets. Princeton views each investment as a long-term, supportive business partnership with founders and management teams. Over a 20-year history, Princeton’s team has developed specialized operating and proprietary resources to help its partner companies scale. Princeton is headquartered in Princeton, New Jersey.

LLCP is a middle-market private equity firm with a 42-year track record of investing across various targeted sectors, including Business Services, Franchising & Multi-unit, Education & Training and Engineered Products. LLCP utilizes a differentiated Structured Private Equity investment strategy, combining debt and equity capital investments in portfolio companies. LLCP believes that by investing in a combination of debt and equity securities, it offers management teams growth capital in a highly tailored, flexible investment structure that can be a more attractive alternative than traditional private equity. LLCP’s global team of dedicated investment professionals is led by 9 partners who have worked at LLCP for an average of 21 years. Since inception, LLCP and its affiliates have managed approximately $20.6 billion of capital across nearly 20 investment funds and have invested in approximately 120 portfolio companies. LLCP and its affiliates currently manage $15.0 billion of assets and have offices in Los Angeles, New York, Chicago, Miami, London, Stockholm, Amsterdam and Frankfurt. LLCP is headquartered in Beverly Hills, California.

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Five Star, a portfolio company of Princeton, sale to LLCP

Date
November 2026
Company
Five Star Franchising
Transaction
M&A - Sellside
Sectors
Consumer
Verticals
Multi-Unit, Consumer Services, Restaurants & Franchising
Target Geography
North America
Acquiror Geography
North America

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