What the sources say The sources below support these connections as of the dates shown. Exact ownership percentages are often private.
Owner or investor named in sources L Catterton
How much they own L Catterton control through Master Trades Group
Business details checked 2026-07-26
Oldest ownership check 2026-07-26 Business ID: B006. Ownership sources: S011 S013 S014 . Ownership can change after the date checked.
Who owns whom Owner or business name Operating group or investment Franchise, minority stake, or owner claim Unconfirmed or past
3 links · sources and details Stan’s Heating, Air, Plumbing & Electrical dba of Stan’s Home Services Holdings
Current connection · Stake size not disclosed · Observed 2026-07-26 S011 S012
Transaction materials identify the Stan’s holding-company lineage.
Stan’s Home Services Holdings subsidiary of The Master Trades Group
Current connection · Stake size not disclosed · Observed 2026-07-26 S011
Master Trades Group completed the acquisition of Stan’s.
The Master Trades Group portfolio company of L Catterton
Current connection · Controlling owner · Observed 2026-07-26 S013 S014
L Catterton acquired LTP, now Master Trades Group.
All 3 connections, including past ones Current connection · Stake size not disclosed
Transaction materials identify the Stan’s holding-company lineage.
From unknown · End date not given · Checked 2026-07-26 · Link R009 S011 S012
Current connection · Stake size not disclosed
Master Trades Group completed the acquisition of Stan’s.
From 2024-03-25 · End date not given · Checked 2026-07-26 · Link R010 S011
Current connection · Controlling owner
L Catterton acquired LTP, now Master Trades Group.
From 2022-03-22 · End date not given · Checked 2026-07-26 · Link R011 S013 S014
Acquisitions and changes A deal’s announcement and closing can happen on different dates. A sale of a franchise system can leave the local franchise owner unchanged.
2024-03-25
Announced · acquisition · Status at snapshot: Deal closed
Stan’s Home Services Holdings Buyer: The Master Trades Group
Stan’s now sits within Master Trades Group.
Announced 2024-03-25
Deal closed 2024-03-25
Stake bought control S011 S012
2022-03-22
Announced · acquisition · Status at snapshot: Deal closed
LTP Home Services Group / Master Trades Group Buyer: L Catterton
L Catterton is current sponsor of Master Trades Group.
Announced 2022-03-22
Deal closed Closing date not given
Stake bought control S013 S014
2018
Announced · platform investment · Status at snapshot: historical closed
Stan’s Home Services Buyer: Treaty Oak Equity
Treaty Oak was a former sponsor and exited in 2024.
Announced 2018
Deal closed Closing date not given
Stake bought control unspecified S012
What we don’t know Exact legal entities, ownership percentages, and later changes may still be private.
Suggest a correction
5 public sources Open a source for its dates, the connection it supports, and a link to the original.
S011 The Master Trades Group Acquires Stan’s Home Services The Master Trades Group · Acquisition announcement + Read the original source
Published 2024-03-25
Checked 2026-10-26
Source quality Grade A · From a company, buyer, seller, or filing
Publisher group mtg_release
Source type transaction announcement Completed acquisition of Stan’s by Master Trades Group
S013 Master Trades Group (fka LTP Home Services Group) L Catterton · Owner or business-group website + Read the original source
Published Date not given
Checked 2026-07-26
Source quality Grade A · From a company, buyer, seller, or filing
Publisher group l_catterton
Source type current portfolio page Current L Catterton investment in Master Trades Group
S014 L Catterton to Acquire LTP Home Services Group L Catterton · Acquisition announcement + Read the original source
Published 2022-03-22
Checked 2026-07-26
Source quality Grade A · From a company, buyer, seller, or filing
Publisher group l_catterton
Source type transaction announcement L Catterton acquisition of LTP, now Master Trades Group
S104 Stan’s Heating, Air, Plumbing & Electrical Stan’s · Company website + Read the original source
Published Date not given
Checked 2026-07-26
Source quality Grade B · From a company, buyer, seller, or filing
Publisher group stans
Source type current company / identity page Current Austin and suburb service area
S012 Treaty Oak Equity Sells Stan’s Home Services Treaty Oak Equity · Acquisition announcement + Read the original source
Published 2024-03
Checked 2026-07-26
Source quality Grade B · From a company, buyer, seller, or filing
Publisher group treaty_oak
Source type seller announcement / portfolio history Treaty Oak historical ownership and exit