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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, is a leading, award winning, full-service M&A advisory firm. With more than 350 professionals located throughout 16 offices in North America, the company helps business owners release their business’ wealth by providing growth consulting, merger, acquisition, and wealth management services. The Generational suite of advisory services includes strategic growth consulting, exit planning education, business valuation, value enhancement strategies, M&A services, digital services, 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.