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KKRAcquisition

KKR to acquire A1 Garage Door Service for around $2 billion, sources say

What happened

KKR & Co has agreed to acquire A1 Garage Door Service, a residential garage door repair and replacement company, for approximately $2 billion.

Source

Article excerpt

Highlighted: the sentence this signal was extracted from

By Abigail Summerville NEW YORK, Sept 2 (Reuters) – Investment firm KKR & Co has agreed to buy residential garage door repair and ​replacement company A1 Garage Door Service ‌for around $2 billion, according to sources familiar with the matter. The deal adds to a wave of home services M&A including Oak Hill Capital's $800 million-plus acquisition of ‌Guild ​Garage Group this year. ⁠Private equity firms have ⁠been acquiring residential services companies because of their steady cash flows and high values in fragmented markets. Phoenix, Arizona-based A1 Garage was founded ​in 2007 by CEO Tommy Mello, who grew the business into one of ⁠the largest residential garage door ⁠service providers in the country, ​operating in around 20 states. In 2022, A1 ​received growth capital from the private equity ‌firm Cortec Group. KKR and Cortec declined to comment. A1 Garage could not be reached for comment. KKR already has experience in the residential ⁠services space through its investments in Neighborly and Groundworks. In 2021, it bought Neighborly, which it called the ⁠world's largest ‌provider and franchiser of home service brands ⁠including plumbing, pest control, restoration, electrical, ​cleaning, ‌HVAC and home inspection. In ​2023, it ⁠made a significant investment in Groundworks, which provides residential foundation and water management services. Cortec is also an investor in...

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Extracted by Autobound

From the Signal API record
Event
Acquisition

What this signalsIntegration work after a deal often opens needs for new systems and services.

Amount
$2B
Location
Phoenix, Arizona, United States

Companies

  • A1 Garage Door ServiceTargeta1garage.com

More acquisition signals at other companies

The full record

From the Signal API record

Numbers

Amount (USD)
$2B

Extraction

Confidence
90%
Detected
Sep 2, 2026
signal_type
news
signal_subtype
acquires

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The API returns more than this page shows

This page shows a preview. The full news record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/dc1f5097-4884-0f01-892f-57fa26fb99c3 returns this record as JSON. POST /v1/companies/enrich returns every signal for kkr.com.

{
  "signal_id": "dc1f5097-4884-0f01-892f-57fa26fb99c3",
  "signal_type": "news",
  "signal_subtype": "acquires",
  "detected_at": "2026-09-02T13:18:49+00:00",
  "company": {
    "name": "KKR",
    "domain": "kkr.com"
  },
  "data": {
    "url": "https://kelo.com/2026/09/02/kkr-to-acquire-a1-garage-door-service-for-around-2-billion-sources-say/",
    "title": "KKR to acquire A1 Garage Door Service for around $2 billion, sources say - KELO-AM",
    "excerpt": "By Abigail Summerville NEW YORK, Sept 2 (Reuters) – Investment firm KKR & Co has agreed to buy residential garage door repair and ​replacement company A1 Garage Door Service ‌for around $2 billion, according to sources familiar with the matter. The deal adds to a wave of home services M&A including Oak Hill Capital’s $800 million-plus acquisition of ‌Guild ​Garage Group this year. ⁠Private equity firms have ⁠been acquiring residential services companies because of their steady cash flows and high values in fragmented markets. Phoenix, Arizona-based A1 Garage was founded ​in 2007 by CEO Tommy Mello, who grew the business into one of ⁠the largest residential garage door ⁠service providers in the country, ​operating in around 20 states. In 2022, A1 ​received growth capital from the private equity ‌firm Cortec Group. KKR and Cortec declined to comment. A1 Garage could not be reached for comment. KKR already has experience in the residential ⁠services space through its investments in Neighborly and Groundworks. In 2021, it bought Neighborly, which it called the ⁠world’s largest ‌provider and franchiser of home service brands ⁠including plumbing, pest control, restoration, electrical, ​cleaning, ‌HVAC and home inspection. In ​2023, it ⁠made a significant investment in Groundworks, which provides residential foundation and water management services. Cortec is also an investor in...",
    "summary": "KKR & Co has agreed to acquire A1 Garage Door Service, a residential garage door repair and replacement company, for approximately $2 billion.",
    "location": "Phoenix, Arizona, USA",
    "planning": true,
    "image_url": "https://storage.googleapis.com/media.mwcradio.com/mimesis/2026-09/02/2026-09-02T120712Z_3_LYNXMPEM81136_RTROPTP_3_USA-KKR-SETTLEMENT.JPG",
    "confidence": 0.9,
    "published_at": "2026-09-02T13:18:49Z",
    "location_data": [
      {
        "city": "Phoenix",
        "state": "Arizona",
        "region": "Northern America",
        "country": "United States",
        "continent": "Americas",
        "fuzzy_match": false
      }
    ],
    "article_sentence": "Investment firm KKR & Co has agreed to buy residential garage door repair and ​replacement company A1 Garage Door Service ‌for around $2 billion, according to sources familiar with the matter.",
    "amount_normalized": 2000000000,
    "related_company_name": "A1 Garage Door Service",
    "related_company_domain": "a1garage.com"
  }
}

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