M&A Deal Summary

Cintas Acquires FACS Records Center

On March 17, 2011, Cintas acquired real estate company FACS Records Center from Target Commercial Interiors

Acquisition Highlights
  • This is Cintas’ 2nd transaction in the Real Estate sector.
  • This is Cintas’ 6th transaction in the United States.
  • This is Cintas’ 1st transaction in Arizona.

M&A Deal Summary

Date 2011-03-17
Target FACS Records Center
Sector Real Estate
Buyer(s) Cintas
Sellers(s) Target Commercial Interiors
Deal Type Divestiture

Target

FACS Records Center

Phoenix, Arizona, United States
FACS, is a 71,760-square-foot off-site records management and storage facility.

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Buyer(S) 1

Buyer

Cintas

Cincinnati, Ohio, United States

Category Company
Founded 1968
Sector Business Services
Employees43,000
Revenue 8.8B USD (2023)
DESCRIPTION

Cintas is a provider of uniform and safety products to customers throughout North and South America and Europe. Cintas rents, sells, and services uniforms and other garments including flame-resistant clothing, mats, mops and shop towels and other ancillary items. Cintas also offers restroom cleaning services and supplies as well as carpet and tile cleaning services. Cintas was incorporated in 1968 and is based in Cincinnati, Ohio.


DEAL STATS #
Overall 9 of 15
Sector (Real Estate) 2 of 2
Type (Divestiture) 1 of 2
State (Arizona) 1 of 1
Country (United States) 6 of 12
Year (2011) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-01-19 Code Shred

Valley Stream, New York, United States

Code Shred Ltd. is a document shredding company .

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-11-27 3GS

Knoxville, Tennessee, United States

3GS, LLC is a company providing data destruction, records / tape storage, and imaging services in the Southern Illinois and South Texas markets. 3GS operates via locally managed brands in each market and delivers high quality service to virtually every industry segment.

Buy -

Seller(S) 1

SELLER

Target Commercial Interiors

Minneapolis, Minnesota, United States

Category Company
Sector Furniture
DESCRIPTION

Target Commercial Interiors supplies office furniture to Target’s Minneapolis headquarters and its other offices around the country.


DEAL STATS #
Overall 1 of 1
Sector (Real Estate) 1 of 1
Type (Divestiture) 1 of 1
State (Arizona) 1 of 1
Country (United States) 1 of 1
Year (2011) 1 of 1