Asking price
$748,000,000USD
One of the largest privately held facility maintenance providers in the U.S., delivering janitorial, engineering, and specialty building services to 3,000+ clients across 32 states. Backed by a 96% client retention rate, 35+ years of uninterrupted growth, and a workforce of over 10,000 team members.
**Janitorial & Commercial Cleaning** — Daily and periodic cleaning for offices, campuses, airports, healthcare facilities, and industrial spaces. Includes high-touch surface disinfection, advanced antimicrobial treatments, and eco-friendly cleaning programs. **Building Engineering & Maintenance** — 24/7 engineering support for mission-critical building systems: HVAC, electrical, plumbing, and energy management. Preventive maintenance programs and emergency response for data centers, corporate campuses, and healthcare complexes. **Specialty Services** — Floor care (VCT, terrazzo, marble restoration), carpet cleaning, window washing, high dusting, construction cleanup, and recycling programs. **Sports & Entertainment Venue Services** — Dedicated division providing high-visibility, high-traffic facility management for stadiums, arenas, and event venues. **Aviation Facility Services** — Specialized cleaning and maintenance for airports and transportation hubs, including fleet modernization and decarbonization strategies. Revenue is generated primarily through recurring, contract-based service agreements (monthly/annual retainers) supplemented by project-based specialty work.
**Client Base:** 3,000+ active client accounts spanning commercial office buildings, education and government facilities, sports and entertainment venues, medical complexes, pharmaceutical and life sciences facilities, airports, and industrial sites. **Client Retention:** 96% annual retention rate — one of the highest in the facility services industry — reflecting deep, long-term relationships and consistent service quality. **Market Position:** Largest privately held facility maintenance provider in the U.S., with national reach across 32 states and local presence in every major metro market. The facility services market is estimated at $80B+ in the U.S. and continues to grow as post-pandemic cleanliness standards and ESG requirements drive demand. **Square Footage Managed:** 1 billion+ sq. ft. of commercial space under active care. **Client Concentration:** Diversified across sectors — no single client represents a disproportionate share of revenue. Major verticals include corporate real estate (office REITs, property managers), healthcare, education, government, and aviation.
**Workforce:** 10,000+ team members (union, non-union, and seasonal) across 32 states, making the company one of the largest employers in the facility services sector. **Leadership:** Experienced C-suite in place, including a CEO, CFO, Chief Commercial Officer, and divisional Presidents for Facility Services and Sports & Entertainment. The current CEO has been in role since 2024; the prior CEO led the company through its 2021 private-equity acquisition and remains a significant equity holder. **Operations Model:** Decentralized execution with centralized support — local branch managers run day-to-day operations while corporate provides technology platforms (including a proprietary real-time service tracking system), procurement, HR, and compliance. The company operates multiple regional offices with dedicated local teams. **Key Systems:** Proprietary CleanTouch technology platform for real-time service tracking, quality assurance, and client reporting. Integration with Microsoft Dynamics for ERP and CIM Technologies for CAD/facilities management. **Owner Involvement:** The business is currently portfolio-backed by a private equity firm (acquired October 2021). Day-to-day operations are managed by a professional executive team; the PE sponsor provides strategic and capital support for growth initiatives including acquisitions.
**Acquisition Roll-Up:** The facility services industry is highly fragmented. The company has already demonstrated an acquisition capability (ACP Facility Services acquisition in 2023) and is well-positioned to continue acquiring regional operators, expanding geography and service lines. **Geographic Expansion:** Currently operating in 32 states — opportunities to enter remaining markets and deepen penetration in existing regions, particularly the fast-growing Sun Belt metros. **Service Line Upsell:** Cross-sell engineering, specialty, and aviation services to existing janitorial-only clients. Many clients use only one service line; introducing additional offerings increases wallet share without customer acquisition cost. **Healthcare & Life Sciences:** Growing demand for compliant, certified cleaning in pharmaceutical and biotech facilities. The company already serves medical complexes and has the infrastructure to scale this vertical. **ESG & Sustainability:** Launch of sustainable cleaning solutions and decarbonization programs positions the business to capture corporate clients with ESG mandates — a rapidly expanding market segment. **Aviation & Transportation:** Recent investments in aviation leadership and fleet modernization signal a focused growth push in airport and transit facility services, a high-barrier niche with strong recurring revenue.
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Asking price
$748,000,000USD
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