NewsBite

Johns Lyng expands property services portfolio after $65m raise

Aaron Weinman
Aaron WeinmanCorrespondent
Updated

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Small-cap darling Johns Lyng Group has agreed to buy Smoke Alarms Australia and Linkfire, adding to its burgeoning property services portfolio.

The company raised $65 million on Wednesday to help finance the acquisitions, part of Johns Lyng’s ambitions to grow an “essential home services” arm. The deal adds fire, electrical and gas compliance, as well as testing and maintenance offerings, to its existing operations for homeowners and property managers.

Loading...

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Read More

Latest In Financial services

Fetching latest articles

Most Viewed In Companies

    Original URL: https://www.afr.com/companies/financial-services/johns-lyng-adds-smoke-alarms-to-its-arsenal-after-65m-raise-20230705-p5dluk