CBRE Group Acquires J&J Worldwide Services from Arlington Capital Partners

Arlington Capital Partners Acquires J&J Worldwide Services

July 8, 2020

Government & Public Sector

Arlington Capital Partners has completed the acquisition of J&J Worldwide Services in partnership with the Company's existing management team. Headquartered in Austin, Texas, J&J provides mission-essential facility, maintenance and healthcare support services to U.S. federal government sites and collectively employs over 3,200 people across more than 270 locations; the Voudouris family and senior management participated in the transaction.

Undisclosed Strategic Acquiror Acquires J&J Services, Inc. from Main Street Capital

November 3, 2021

Environmental Services

Main Street Capital Corporation fully exited its debt and equity investments in J&J Services, Inc. following the sale of the Nashville-based roll-off dumpster and portable toilet rental operator to a strategic acquiror (buyer name not disclosed). Main Street originally invested $24.8 million in a 2019 recapitalization and realized an $11.0 million gain on the exit.

CBRE Group Acquires Pearce Services from New Mountain Capital

November 4, 2025

Engineering Services

CBRE Group, Inc. agreed to acquire Pearce Services, LLC from New Mountain Capital for approximately $1.2 billion in cash plus an earn-out of up to $115 million. The acquisition expands CBRE's digital and power infrastructure capabilities by adding Pearce's design engineering, maintenance and repair services for critical power, cooling, renewable energy and telecom infrastructure; Pearce has more than 4,000 employees and is projected to generate over $660 million of revenue in 2026.

LRS Acquires J&J Rubbish Service Inc.

January 24, 2023

Environmental Services

LRS, a leading independent waste and recycling services provider, acquired family-owned J&J Rubbish Service Inc., adding approximately 15,000 residential and 1,000 commercial customers and bridging LRS' Minnesota and Wisconsin operations. All J&J employees will continue with LRS as the company integrates the Winona business to increase density and scale in its core northern Midwest markets.

CBRE Group Acquires Direct Line Global

June 18, 2024

IT Services

CBRE Group, Inc. has acquired Direct Line Global, a Fremont-based provider of mission-critical data center infrastructure services, from private equity owners including Guardian Capital Partners and Patriot Capital. The acquisition strengthens CBRE's data center capabilities by combining Direct Line's technical design, installation and maintenance services with CBRE's facilities management platform and is expected to be immediately accretive to CBRE's core EPS.

Arlington Capital Partners Acquires MCR, LLC

August 24, 2021

Aerospace & Defense

Washington, DC-based private equity firm Arlington Capital Partners has signed a definitive agreement to acquire MCR, LLC, a McLean, Virginia-based provider of cost analysis, systems engineering and software development services for defense, intelligence and government customers. Arlington said it will partner with MCR's management (which invested alongside Arlington) to increase investments in core capabilities, pursue strategic acquisitions, and accelerate the company's growth.