Leonard Green to buy Service Logic from Warburg Pincus: WSJ

Leonard Green & Partners is planning on acquiring Service Logic, a HVAC company, from Warburg Pincus, reported the Wall Street Journal.

Leonard Green & Partners is planning on acquiring Service Logic, a HVAC company, from Warburg Pincus, reported the Wall Street Journal. The news outlet noted that the price is expected to surpass $1 billion. Earlier this year, Warburg Pincus began exploring a sale of Service Logic but that got put on hold due to the onset of the COVID-19 pandemic.

Source: WSJ