Home / Business and Economy / Gridiron Capital-backed Leaf Home Seeks $2B Debt Refinancing
Gridiron Capital-backed Leaf Home Seeks $2B Debt Refinancing
19 Aug
Summary
- Banks and direct lenders in talks to refinance Leaf Home's debt
- Goldman Sachs and Bank of America seeking $2B in syndicated debt
- Private equity firms holding onto assets for longer
On August 19, 2025, it has been reported that banks and direct lenders are currently in discussions to refinance the debt of Gridiron Capital-backed Leaf Home, a home improvement services company. Goldman Sachs Group Inc. and Bank of America Corp. are leading the efforts to raise approximately $2 billion in debt from the broadly syndicated market for Leaf Home.
This development reflects a broader trend in the private equity industry, where firms are increasingly holding onto their portfolio companies for longer durations. Rather than exiting investments through sales or public offerings, private equity firms are opting to refinance the debt of their portfolio companies to maintain control and ownership.
The refinancing of Leaf Home's debt is expected to provide the company with additional financial flexibility and resources to continue its growth and expansion in the home improvement services sector. As the housing market remains strong, Leaf Home and other similar companies are well-positioned to capitalize on the ongoing demand for home renovations and upgrades.
