New York, NY– Pritchard Industries (“Pritchard”), a portfolio company of A&M Capital Partners II (“AMCP”), a middle-market private equity fund that is part of the A&M Capital Platform, acquired Global Industrial Services, Inc. (“Global”), a leading regional provider of janitorial, snow removal and landscaping services to commercial office and telecom clients.
Founded in 1991 and headquartered in Syosset, New York, Global services the Northeast, Midwest and Mid-Atlantic through 25 regional locations and satellite offices.
Global complements Pritchard by diversifying the Company’s service mix and bolsters its footprint within existing and new geographies. The combination enhances Pritchard’s exterior services offering to include snow removal and landscaping services and expands the Company into Pennsylvania while strengthening its existing Northeast presence.
Pritchard Industries is a leading provider of facilities services, delivering a wide-range of janitorial and specialty services to approximately 300 million square feet of commercial office buildings, education and government facilities, sports/entertainment venues, medical complexes and industrial facilities. Formed in 1986, Pritchard is headquartered in New York, NY, with operations across the United States. Pritchard employs a world class team of 8,750 union, non-union and seasonal employees, which have helped the Company achieve uninterrupted organic growth since inception. The Company’s business segments include commercial janitorial services, sports and entertainment venue facilities services, metal and marble cleaning and restoration services, snow removal services, landscaping maintenance services and building engineering and maintenance services. More information on Pritchard can be found on the Company’s website, www.pritchardindustries.com.
About A&M Capital Partners:
A&M Capital Partners is Alvarez & Marsal Capital’s flagship investment strategy focused on middle-market control transactions in North America with total assets under management of $1.8 billion. AMCP partners with founders, corporates and management teams, providing the capital and strategic assistance that we believe is required to take businesses to the next level of success. AMCP invests in businesses across a wide range of sectors including Business Services, Industrials, Manufacturing, Food & Beverage, Healthcare, Consumer & Retail, Government Services, Financial Services and Energy Services.
About Alvarez & Marsal Capital:
Alvarez & Marsal Capital is a multi-strategy private equity investment firm with over $3 billion in total assets under management across four funds and three investment strategies. The privately-owned firm is led by a highly experienced investment team, which is augmented by its strategic association with Alvarez & Marsal (“A&M”), one of the largest operationally-focused advisory firms in the world. AMC’s business model combines a focus on middle-market private equity investing with the deep operational expertise, industry knowledge and global corporate relationships of A&M, making it a uniquely attractive partner to management teams, corporates, and business owners.