Ropes & Gray Advises New Mountain Capital in its Investment in HomeX
Ropes & Gray advised New Mountain Capital in its leadership of a $90 million capital raise for HomeX, a home services platform for homeowners and service providers. The transaction was announced on April 13. The press release is here.
New Mountain Capital is a leading growth oriented investment firm with over $30 billion in assets under management. HomeX, founded in 2017, improves home services by simplifying home maintenance and repair.
The Ropes & Gray team that represented New Mountain Capital was led by private equity partner Garrett Charon and included private equity counsel Andrea Bidegaray Stephen, IP transactions partner Violetta Kokulus, employment, executive compensation & benefits partner Danna Kivell (all of New York), and senior employment, executive compensation & benefits counsel David Mandel (Boston).