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  6. The Budd Group Acquires Cross Gate Services

M&A Deal Summary

The Budd Group Acquires Cross Gate Services

On February 23, 2016, The Budd Group acquired business services company Cross Gate Services

Acquisition Highlights
  • This is The Budd Group’s 1st transaction in the Business Services sector.
  • This is The Budd Group’s 1st transaction in the United States.
  • This is The Budd Group’s 1st transaction in Tennessee.

M&A Deal Summary
Date 2016-02-23
Target Cross Gate Services
Sector Business Services
Buyer(s) The Budd Group
Deal Type Add-on Acquisition

Target

Cross Gate Services

Brentwood, Tennessee, United States
Cross Gate Services, Inc. is a provider of commercial janitorial services to office buildings, industrial plants, schools and universities throughout Tennessee, Kentucky, Mississippi and neighboring states in the region.

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Buyer(S) 1

Buyer

The Budd Group

Winston Salem, North Carolina, United States
Category Company
Founded 1961
Sector Business Services
DESCRIPTION

The Budd Group, Inc. is a facilities services company.

DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Tennessee M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-08-30 The Budd Group - Security Division

United States

The Budd Group - Security Division provides guard and security services.

Sell -
Mergr

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