Investcorp, the leading global financial institution specializing in alternative investments and affiliated with the Abu Dhabi government, announced today, in a statement that Namazone reviewed a copy of, that it reached an agreement on a deal Sale of Rennesgrub Company or the American company that specializes in home maintenance and restoration services; to Leonardo Green and Partners (LGP), a private equity company based in Los Angeles, noting that the details and terms of the deal have not been disclosed.

Investcorp, in cooperation with the management team, founded Rinsh Group in 2016, where its portfolio at the time of its acquisition included four companies operating in the same sector and enjoying a leading position In its home markets, Atlanta, Dallas, Houston, and Phoenix, today, Rennchrup is one of the leading companies operating in Atlanta, Dallas, Denver, Houston, Phoenix, Sarasota, and Tampa.

In the United States, Investcorp is seeking to invest in mid-sized companies that have high growth potential and a large capacity to generate cash flows, backed by administrative teams that have a high degree of expertise and competence. .

Investcorp focuses on six service sectors, including technology-based services, professional knowledge and services, industrial services, distribution and logistics, data and information services, as well as commodities Consumerism and retail.

Investcorp, in cooperation with the founding owners of the company’s shares, recently announced its acquisition of Health Plus Management, the company specialized in providing business and operational management services within the medical clinics sector Independent in the physical medicine and rehabilitation market. Earlier, Investcorp invested in United Talent Agency, a leading global talent management firm, and acquired a stake in ICR, a communications and strategic consulting firm.

It is worth noting that the Jefferies Financial Group has acted as the financial advisor to the company in completing this transaction.

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