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Generational Equity Advises ServiceMaster Chesapeake in its Sale to Private Investor
By Generational Equity
02/10/2023
Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, ServiceMaster Chesapeake to a Private Investor. The acquisition closed January 27, 2023.
ServiceMaster Chesapeake (SMC), located in Millersville, Maryland, operates as a ServiceMaster franchise, and offers comprehensive commercial cleaning services. Specifically, SMC offers carpet cleaning, janitorial services, hard floor cleaning, specialty cleaning, green cleaning, COVID-19 cleaning, and disinfection services. The Company is well known in the regional markets and has an excellent reputation for client service and on-time completion of projects.
Generational Equity Executive Managing Director, M&A-Technology Practice Leader, David Fergusson, and his team, led by Senior M&A Advisor, Mark Shortz, with the support of Managing Director, M&A, Corey Painter, successfully closed the deal. Executive Managing Director Rick Buchoz established the initial relationship with SMC.
“The owners were great team players and the business, having a strong foundation for financials, allowed us to find the right buyer and close the deal quickly,” said Shortz.
About Generational
Generational Group, headquartered in Dallas, Texas, is a leading, award-winning full-service M&A advisory firm. With over 300 professionals across 15 offices in North America, the company helps business owners unlock the full value of their businesses through a comprehensive suite of advisory services. These include strategic growth consulting, exit planning education, business valuation, value enhancement strategies, M&A advisory, digital solutions, and wealth management.
The M&A Advisor named Generational Group Investment Banking Firm of the Year in 2016, 2017, 2018, 2022 & 2024. They also awarded us Valuation Firm of the Year and M&A Consulting Firm of the Year in 2022 and 2023. For more information, visit: https://www.generational.com.