Foris Solutions Acquired by PDS Tri-State — Business Services M&A

PDS Tri-State has completed the acquisition of Foris Solutions, a business services other business in Texas. Foris Solutions acquisition supports Neighborly franchise operations by providing services that help franchisees manage day-to-day business needs and customer delivery. PDS Tri-State acquisitions focus on scaling business services M&A capabilities through targeted add on acquisition of established local providers. The strategic acquisition is structured as an add on acquisition for PDS Tri-State, backed by Monogram Capital Partners, with deal terms and purchase price undisclosed. Boxwood Partners advised Foris Solutions in the announced transaction, which is expected to close following customary conditions.