M&A Deal Summary

The Facilities Group Acquires Servis Group

On January 26, 2023, The Facilities Group acquired business services company Servis Group

Acquisition Highlights
  • This is The Facilities Group’s 3rd transaction in the Business Services sector.
  • This is The Facilities Group’s 3rd transaction in the United States.
  • This is The Facilities Group’s 1st transaction in Michigan.

M&A Deal Summary

Date 2023-01-26
Target Servis Group
Sector Business Services
Buyer(s) The Facilities Group
Deal Type Add-on Acquisition

Target

Servis Group

Ypsilanti, Michigan, United States
website
Servis Group provides janitorial and facility maintenance services to commercial and residential customers across the nation. Servis Group is based in Ypsilanti, Michigan.

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Buyer(S) 1

Buyer

The Facilities Group

Tampa, Florida, United States

website


Category Company
Sector Business Services
DESCRIPTION

The Facilities Group is a portfolio of commercial facilities maintenance companies focused on providing quality services and valuable client relationships. Together, The Facilities Group companies service more than 18,000 locations across a variety of industries including healthcare, education, logistics, finance, commercial, and industrial facilities. The Facilities Group is based in Tampa, Florida.


DEAL STATS #
Overall 3 of 5
Sector (Business Services) 3 of 5
Type (Add-on Acquisition) 3 of 5
State (Michigan) 1 of 1
Country (United States) 3 of 5
Year (2023) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-28 Summit Service Group

Lakewood, Colorado, United States

Summit Service Group is a janitorial service company that prides itself on extraordinary customer service and quick response to each client request. Our customer base is diverse and consists of many long-term clients. Summit Service Group was formed in 1981 and is based in Lakewood, Colorado.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-05-02 Red River

Shreveport, Louisiana, United States

Red River is a janitorial and facility maintenance company that operates across Louisiana, Texas and Arkansas and offers a wide range of industries and types of facilities. Red River was formed in 1963 and is based in Shreveport, Louisiana.

Buy -