M&A Deal Summary

TrussPoint Equity Partners Acquires JDI Cleaning Services

On January 21, 2022, private equity firm TrussPoint Equity Partners acquired business services company JDI Cleaning Services

Acquisition Highlights
  • This is TrussPoint Equity Partners’ 1st transaction in the Business Services sector.
  • This is TrussPoint Equity Partners’ 1st transaction in Canada.
  • This is TrussPoint Equity Partners’ 1st transaction in Ontario.

M&A Deal Summary

Date 2022-01-21
Target JDI Cleaning Services
Sector Business Services
Buyer(s) TrussPoint Equity Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

JDI Cleaning Services

Burlington, Ontario, Canada
JDI Cleaning Services is a franchisor of commercial cleaning, janitorial, and disinfection service businesses serving the commercial and industrial sectors. JDI’s end customer base includes car dealerships, college and university residences, construction sites, daycare facilities, dental offices, doctors’ offices, financial and insurance offices, industrial facilities, medical facilities, movie theatres, professional offices, retail stores, schools, shopping malls, and warehouses. JDI Cleaning Services was formed in 1992 and is based in Burlington, Ontario.

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Buyer(S) 1

DESCRIPTION

TrussPoint Equity Partners is a private equity firm focused on majority/control investments in smaller, profitable Canadian companies. The Firm seeks businesses with at least $5 million of revenue and $1 to $5 million of EBITDA. Sectors of interest include light manufacturing, value-added distribution, consumer products/services, and business services. TrussPoint Equity Partners was established in 2021 and is headquartered in Toronto.


DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Buyout (LBO, MBO, MBI) M&A Deals 1 of 1
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2022 M&A 1 of 1