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  6. Tendit Group Acquires Bob Popp Building Services

M&A Deal Summary

Tendit Group Acquires Bob Popp Building Services

On April 21, 2020, Tendit Group acquired business services company Bob Popp Building Services from ARC Industries

Acquisition Highlights
  • This is Tendit Group’s 1st transaction in the Business Services sector.
  • This is Tendit Group’s 1st transaction in the United States.
  • This is Tendit Group’s 1st transaction in Colorado.

M&A Deal Summary
Date 2020-04-21
Target Bob Popp Building Services
Sector Business Services
Buyer(s) Tendit Group
Sellers(s) ARC Industries
Deal Type Add-on Acquisition

Target

Bob Popp Building Services

Denver, Colorado, United States
Bob Popp Building Services provides high-rise, mid-rise, and ground-level window cleaning services for commercial businesses across. Bob Popp Building Services was founded in 1975 and is based in Denver, Colorado.

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Buyer(S) 1

Buyer

Tendit Group

Denver, Colorado, United States
Category Company
Founded 1992
Sector Business Services
DESCRIPTION

Tendit Group is a provider of exterior facility services in the Mountain West. The company’s comprehensive service offerings include pressure washing, asphalt maintenance, landscaping, snow removal, pavement striping & marking, power sweeping, specialty cleaning, industrial hygiene, environmental spill clean-up, wet sandblasting, graffiti/paint removal, window cleaning, and caulking. Tendit Group was founded in 1992 and is based in Denver, Colorado.

DEAL STATS #
Overall 1 of 10
Sector (Business Services) 1 of 9
Type (Add-on Acquisition) 1 of 10
State (Colorado) 1 of 5
Country (United States) 1 of 10
Year (2020) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-05 Zoneez

Phoenix, Arizona, United States

Zoneez is a provider of pressure washing and window cleaning services for commercial assets in Arizona. Zoneez services an impressive roster of commercial and multi-family customers. Zoneez is based in Phoenix, Arizona.

Buy -

Seller(S) 1

SELLER

ARC Industries

Category Family Office
Founded 1999
Size Small
Type Sector Agnostic
DESCRIPTION

ARC Industries, Inc. is a family office focused on acquiring established companies in traditional industries from retiring owners. The Firm targets profitable, smaller companies with $1 to $10 million of EBITDA. Specific areas of interest include environmental services, plastics, and sign manufacturing. ARC Industries, Inc. was established in 1999 and is headquartered in Charlotte, North Carolina.

DEAL STATS #
Overall 3 of 3
Sector (Business Services) 1 of 1
Type (Add-on Acquisition) 3 of 3
State (Colorado) 1 of 1
Country (United States) 3 of 3
Year (2020) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-28 Kelly Hill

Riverside, Missouri, United States

Kelly Hill is providing railroad maintenance and construction services, production tie, and rail replacement projects mainly focused on spur work. Kelly Hill was founded in 1955 and is based in Riverside, Missouri.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-07-31 Caliber Equipment

Mechanicsville, Virginia, United States

Caliber Equipment is a full-service distributor of industrial and commercial floor cleaning machines and affiliated products, offering a selection of floor scrubbers and sweepers and their parts for sale. Caliber Equipment was founded in 1992 and is based in Mechanicsville, Virginia.

Buy -
Mergr

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