Lighthouse - Precise Services Group

Lighthouse Service Partners Holdco Pty Ltd, through its subsidiary Lighthouse Service Partners Bidco Pty Ltd (together, **Lighthouse**), proposes to acquire 100% of the issued share capital in Precise Plumbing Pty Ltd (**Precise Plumbing**), SA Pipe Relining Pty Ltd (**SAPR**) and Precise Trade Services Pty Ltd (**PTS**) (together, **Precise Services Group**) from its current shareholders. Lighthouse’s investment structure focuses on acquisitions and investments in home services businesses across plumbing, heating ventilation and air conditioning (HVAC), electrical and related trades in Australia (together, **“integrated building services”**). Lighthouse is ultimately owned by Alpine Investors, a private equity firm headquartered in San Francisco, California. Lighthouse owns Ken Hall Holdings Pty Ltd which operates in the Greater Adelaide region and predominantly provides residential integrated building services, including plumbing, electrical, HVAC, roofing, tiling, bathroom renovations, handyman services, and related home maintenance services. The Precise Services Group companies provide trade services to residential and commercial customers across the Greater Adelaide region, including: * Precise Plumbing provides integrated building services to predominantly residential customers in respect of plumbing, electrical, HVAC, bathroom renovations and handyman services; and * SAPR provides plumbing services to residential and commercial customers and specialises in pipe relining. * PTS is a shared service entity which is a cost centre for PPE and SAPR

Status
Assessment completed
ACCC determination
Approved
Stage
Waiver application
Notified
23 March 2026
Determination published
13 April 2026

Acquirers

  • LIGHTHOUSE SERVICE PARTNERS BIDCO PTY LTD

Targets

  • PRECISE TRADE SERVICES PTY LTD
  • SA Pipe Relining Pty. Ltd.
  • PRECISE PLUMBING PTY LTD

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