- Established in 1976 and HQ'd in Dallas, Service King operates 177 locations in 20 states, and is currently owned by Carlyle Group (NASDAQ:CG) and company management and employees. The company had 47 locations when Carlyle got involved in 2012. Carlyle will retain a sizable minority stake in Service King.
- The deal with Blackstone (BX) is expected to close in Q3 and terms were not disclosed.
- Source: Press Release
Blackstone in deal for majority stake in Service King Collision Repair Centers
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Symbol | Last Price | % Chg |
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CG | - | - |
The Carlyle Group Inc. |