Boxwood Partners Announces Sale of RS Boes Holdings

Boxwood Partners, which has offices in Charleston, South Carolina, announced the sale of RS Boes Holdings, operating a multi-territory Precision Garage Door Service franchise, to Burlington Capital Partners and RF Investment Partners.

Founded and led by Robert and Stephanie Boes, RS Boes Holdings has grown into one of the leading operators within the Precision Garage Door Service system. The company operates across four states and five markets and employs nearly 100 technicians. In recent years, the business has achieved double-digit organic revenue growth driven by a disciplined operating model, strong inbound demand, and a highly professionalized sales and service organization.

Beyond its core residential repair and installation services, RS Boes Holdings has also built one of the franchise system's most robust commercial platforms, serving light industrial, municipal and commercial clients and positioning the Company for continued expansion.

"RS Boes Holdings is widely recognized as one of the leading operators in the Precision system and one of the few franchisees to successfully serve both residential and commercial customers at scale," said Michael Baldwin of Burlington Capital. "The company embodies what we view as the 'three-legged stool' of the garage market — residential service, residential installation, and commercial service, maintenance, and installation — creating diversified revenue streams and a resilient earnings profile."

Boxwood Partners served as the exclusive financial adviser to RS Boes Holdings. The transaction was led by Madison Day (director) and Drew Asadorian (associate). The terms of the transaction were not disclosed.

The transaction represents Boxwood Partners' 10th garage services transaction and 13th residential services franchisee transaction, underscoring the firm's growing expertise advising businesses in the residential services and franchising sectors.