M&A Deal Summary

Vixxo Acquires Cushman & Wakefield’s Third-Party Vendor Managed Site Maintenance Business

On August 2, 2024, Vixxo acquired business services company Cushman & Wakefield’s Third-Party Vendor Managed Site Maintenance Business from Cushman & Wakefield

Acquisition Highlights
  • This is Vixxo’s 1st transaction in the Business Services sector.
  • This is Vixxo’s 1st transaction in the United States.
  • This is Vixxo’s 1st transaction in Kansas.

M&A Deal Summary
Date 2024-08-02
Target Cushman & Wakefield’s Third-Party Vendor Managed Site Maintenance Business
Sector Business Services
Buyer(s) Vixxo
Sellers(s) Cushman & Wakefield
Deal Type Divestiture

Target

Cushman & Wakefield’s Third-Party Vendor Managed Site Maintenance Business

Colwich, Kansas, United States
Cushman & Wakefield’s Third-Party Vendor Managed Site Maintenance Business is a facility management firm specializing in on-demand facility maintenance and project management services through a national network of facilities contractors.

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Buyer(S) 1

Buyer

Vixxo

Scottsdale, Arizona, United States
Category Company
Founded 1980
Sector Business Services
DESCRIPTION

Vixxo is a technology-enabled asset management and business insight company specializing in integrated facilities management. It maintains over 1.1 million revenue-generating assets for many Fortune 500 clients in the restaurant, retail, convenience store and grocery industries. Vixxo was founded in 1980 and is based in Scottsdale, Arizona.

DEAL STATS #
Overall 1 of 1
Sector (Business Services) 1 of 1
Type (Divestiture) 1 of 1
State (Kansas) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1

Seller(S) 1

SELLER

Cushman & Wakefield

New York, New York, United States
Category Company
Sector Real Estate
DESCRIPTION

Cushman & Wakefield, Inc. is a real estate company providing brokerage, property management, and other services.

DEAL STATS #
Overall 2 of 2
Sector (Business Services) 1 of 1
Type (Divestiture) 2 of 2
State (Kansas) 1 of 1
Country (United States) 2 of 2
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-08 BRPL

United Kingdom

BRPL is a specialist logistics and industrial consultancy that provides a suite of services including strategic land, development funding, investment, lease advisory, and occupational agency.

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