M&A Deal Summary

City Capital Ventures Acquires Servpro of Saginaw

On July 24, 2023, growth capital firm City Capital Ventures acquired business services company Servpro of Saginaw

Acquisition Highlights
  • This is City Capital Ventures’ 1st transaction in the Business Services sector.
  • This is City Capital Ventures’ 7th transaction in the United States.
  • This is City Capital Ventures’ 1st transaction in Michigan.

M&A Deal Summary
Date 2023-07-24
Target Servpro of Saginaw
Sector Business Services
Buyer(s) City Capital Ventures
Deal Type Recapitalization
Advisor(s) Calder Capital (Financial)
Varnum (Legal)

Target

Servpro of Saginaw

Saginaw, Michigan, United States
Servpro of Saginaw provides restoration & remediation services to residential and commercial customers across the Midwest and other regions of the U.S. The Company offers property damage restoration services including fire and water mitigation, mold and abatement, commercial cleaning, and reconstruction. Servpro of Saginaw was formed in 1997 and is based in Saginaw, Michigan.

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Buyer(S) 1

Buyer

City Capital Ventures

Investor Investor Investor Investor Investor

Category Growth Capital Firm
Size Small
Type Sector Agnostic
DESCRIPTION

City Capital Ventures is an investment firm that looks invest in partnership with an network of family offices and other, long-term minded private investors. The Firm is sector and stage agnostic and will consider opportunities throughout the US. City Capital Ventures is part of City Capital, boutique investment and advisory firm. City Capital Ventures is based in Chicago, Illinois.

DEAL STATS #
Overall 8 of 8
Sector (Business Services) 1 of 1
Type (Recapitalization) 1 of 1
State (Michigan) 1 of 1
Country (United States) 7 of 7
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-11 GreenTech Environmental

Johnson City, Tennessee, United States

GreenTech Environmental is a provider of air purification system using its technologies available for consumers with portable and personal systems and commercial HVAC systems for use in office buildings, hotels, in-door stadiums, and more. The company is best known for its unique multi-technology approach to air purification. These technologies actively clean the air and surfaces in thousands of homes and commercial buildings across the globe. GreenTech Environmental was formed in 2009 and is based in Johnson City, Tennessee.

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Mergr

Product

Company

Legal