ST. LOUIS--(BUSINESS WIRE)--#O2Investment--O2 Investment Partners () is pleased to announce that 4M Building Solutions ("4M"), a leading full-service commercial cleaning and janitorial services platform, has completed the acquisition of Hendersonville, Tennessee based Covenant Building Service ("Covenant"). Terms of the investment were not disclosed.
Covenant has served the Nashville area for 13 years and cleans 4 million square feet of space daily across a variety of end markets. The Company specializes in janitorial services, contract cleaning, floor care, tile and grout, pressure washing, and maintenance services.
Covenant marks 4M's eighth acquisition since partnering with O2 Investment Partners in January 2023. Tim M. Murch, 4M CEO, said "We are excited to welcome Covenant Building Service into the 4M platform. The team prioritizes excellence in their customer service and operates in a region where 4M continues to prioritize growth."
Mark Heneman at O2 commented, "The acquisition of Covenant supports our strategic M&A strategy and continued growth in the attractive Nashville area. Covenant will benefit from 4M's platform infrastructure and proven systems and processes, which will accelerate growth across the enterprise."
About 4M Building Solutions
Founded in 1978, 4M Building Solutions is a full-service cleaning, janitorial, housekeeping, and disinfection services company headquartered in St. Louis, Mo. The company's operations span 27 Midwest, Northeast, Southeast, and Western states. More than 6,600 Team Members provide daily environmentally friendly cleaning to 210 million square feet of space in corporate owner-occupied facilities, multi-tenant office buildings, and facilities supporting industrial and manufacturing, logistics, distribution, education, healthcare, and senior living. Additional information is available at .
About Covenant Building Service
Covenant is a provider of commercial janitorial services in the Nashville area, cleaning 4 million square feet of space daily across a customer base of 55 accounts. The company's mission is to provide hassle-free services to clients and customized programs to meet individual needs. Additional information is available at .
About O2 Investment Partners
O2 Investment Partners is a Midwestern based private equity firm that seeks to invest in lower middle market B2B services, technology, and select industrial companies. The firm invests in businesses with earnings growth potential and a clear path to the creation of shareholder value. O2 invests with a view toward partnering with management to build and grow the business and take it to its next stage of development. This requires not only a clear vision and strategic plan to create shareholder value, but a close partnership and alignment of interest with management. Additional information is available at .
Contacts
O2 Investment Partners
Mark Heneman
mheneman@o2investment.com