<ul>
<li>Guild Garage Group to be acquired for over $800 million, sources say</li>
<li>Company launched in 2024, made close to 30 acquisitions</li>
<li>Private equity firms target residential services sector</li>
</ul>
By Abigail Summerville
March 6 (Reuters) - Oak Hill Capital has agreed to buy Guild Garage Group, an alliance of garage door repair and replacement businesses, for more than $800 million, according to four people familiar with the matter.
Guild Garage Group launched in 2024 and has already made close to 30 acquisitions of residential-focused garage door businesses across the country. The company generates over $300 million of annual revenue and close to $50 million of annual earnings before interest, taxes, depreciation and amortization (EBITDA), the people said, asking not to be named because the transaction is private.
Oak Hill and Guild declined to comment.
Private equity firms have been acquiring residential services companies because of their steady cash flows and high values in fragmented markets.
Guild’s co-founders Jordan Dubin, Joe Delaney and Sean Slazyk met at consumer-focused private equity firm L Catterton, where they were in the same associate class in 2021, according to LinkedIn.
After leaving L Catterton, they started Guild as a roll-up play in the fragmented garage door services market, allowing owners to keep operational autonomy over their businesses while reaping the economies of scale benefits of being a part of a larger company.
New York City-based Oak Hill is a middle-market private equity firm that has raised over $25 billion of initial capital commitments and co-investments since inception.

Oak Hill Capital to acquire Guild Garage Group in $800 million-plus deal, sources say