has partnered with
Cascadia Capital, an independent investment bank serving middle-market clients globally, is pleased to announce that it served as the exclusive financial advisor to Global Facility Management & Construction, Inc. (“Global”) on its partnership with Hastings Equity Partners, LLC (“Hastings”).
Headquartered in Melville, New York, Global is a leading national provider of facility services delivering repairs, renovation and retrofit, janitorial, and restoration solutions to multi-site customers across North America. The Company manages a vast, curated network of service providers enabling industry-leading service quality across a national geographic footprint. Global serves a diverse base of blue-chip customers across retail, financial services, commercial real estate, restaurant, hospitality, grocery, and healthcare sectors.
“Facility services as a sector continues to see strong demand as multi-site operators increasingly outsource maintenance and renovation needs to national partners that can deliver consistency and scale,” said Phil Sheridan, Director at Cascadia Capital. “Global has built an impressive platform to serve this need, supported by a highly efficient vendor network model and deep customer relationships. We are excited to see the Company partner with Hastings as it enters its next phase of growth.”
This transaction brings Hastings on as a strategic partner to support the Global team as the Company enters its next phase of growth. With Hastings’ backing, Global plans to accelerate key strategic initiatives and invest in infrastructure and talent to support continued expansion, while Lauryn and Sean Blank continue to lead the business as CEO and President, respectively.
“Hastings brings decades of experience partnering with founder-led businesses like ours, and from day one it was clear how collaborative and aligned they are with our vision for the future of Global. We’re excited to work together as we continue building on the strong foundation we’ve created,” said Sean and Lauryn Blank.
“We are thrilled to partner with Lauryn, Sean, and the entire Global team. Over the past two decades, they have built an exceptional business defined by unmatched service quality, a deeply talented team, and customer relationships that span decades,” added Marco Rodriguez, Principal of Hastings Equity Partners.
Related Transactions
This acquisition represents another successful transaction for Cascadia within the Facility Services sector. Past transactions include:
has been acquired by
a portfolio company of
has been acquired by
a portfolio company of
has received debt financing from
