M&A Deal Summary

Envoy Solutions Acquires Daycon

On August 31, 2021, Envoy Solutions acquired distribution company Daycon

Acquisition Highlights
  • This is Envoy Solutions’ 3rd transaction in the Distribution sector.
  • This is Envoy Solutions’ 3rd transaction in the United States.
  • This is Envoy Solutions’ 1st transaction in Maryland.

M&A Deal Summary
Date 2021-08-31
Target Daycon
Sector Distribution
Buyer(s) Envoy Solutions
Deal Type Add-on Acquisition

Target

Daycon

Upper Marlboro, Maryland, United States
website
Daycon is a manufacturer and distributor of building maintenance supplies. Daycon provides an array of value-added services, including innovative cleaning products and solutions, consulting and training, inventory management, and coordination and education of green cleaning and sustainability programs. Daycon was established in 1942 and is based in Upper Marlboro, Maryland.

Search 192,500 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Envoy Solutions

Glenview, Illinois, United States

website

Category Company
Sector Distribution
DESCRIPTION

Envoy Solutions is a diversified distribution company for janitorial supply, packaging solutions, and specialty products. Working to make buildings cleaner and more sustainable, people safer, and operations more productive, every day. Envoy Solutions is based in Glenview, Illinois.

DEAL STATS #
Overall 3 of 30
Sector (Distribution) 3 of 20
Type (Add-on Acquisition) 3 of 29
State (Maryland) 1 of 2
Country (United States) 3 of 30
Year (2021) 1 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-16 SEPG

Spartanburg, South Carolina, United States

SEPG is a distributor of facility supplies, foodservice disposables, and industrial packaging equipment and products. SEPG operates nine warehouses, and proudly offers more than 25,000 products from over 500 major manufacturers to businesses across the region. SEPG was founded in 1969 and is based in Spartanburg, South Carolina.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-08 Penn Jersey Paper

Philadelphia, Pennsylvania, United States

Penn Jersey Paper is a full line distributor of foodservice supplies, equipment, and disposables. PJP provides supply solutions for the food service, supermarket, healthcare and janitorial industries. Penn Jersey Paper was founded in 1963 and is based in Philadelphia, Pennsylvania.

Buy -
Mergr

Product

Company

Legal