Rainier Partners Acquires Kleen-Tech Services

Kleen-Tech Services Acquires IFS Group, Inc.

July 17, 2023

Industrial Services

Kleen-Tech Services, a nationwide janitorial and custodial services provider based in Denver, has acquired IFS Group, a Charleston-based janitorial and facilities services firm founded in 2002. The acquisition expands Kleen-Tech’s operations into Eastern markets and adds local operational resources and client relationships in the Charleston area.

Kleen-Tech Services Acquires Sentinel Maintenance Inc.

October 12, 2021

Industrial Services

Kleen-Tech Services, LLC has acquired Sentinel Maintenance Inc. Sentinel's founders Marc Schultz and Chris Greco will continue leading the Sentinel brand while Kleen-Tech integrates Sentinel's construction cleaning, high-access window cleaning and white-glove services to expand its nationwide janitorial and facilities offering.

Rainier Partners Acquires Majority Stake in SCI Flooring

July 10, 2023

Building Products

Rainier Partners has made a majority investment in SCI Flooring, a Michigan-headquartered full-service floor covering provider operating in Michigan and Kansas. The transaction acquires the business from Corridor Capital, which had previously grown SCI through operational improvements and add-on acquisitions; Rainier will support geographic and operational expansion and continued M&A.

The Facilities Group Acquires JaniTech

January 5, 2023

Industrial Services

The Facilities Group, a PE-backed facilities maintenance platform backed by Greenbriar Equity Group and Revolent Capital Solutions, has added JaniTech, a regional janitorial and facility maintenance provider headquartered in Colchester, Vermont. The deal brings JaniTech into TFG’s family of regional providers to expand the platform’s footprint in Vermont and the broader New England market and to provide additional resources and career growth opportunities for JaniTech employees.

Rainier Partners Invests in Wilmar Corporation

January 6, 2022

Industrial Services

Rainier Partners, a Seattle-based private equity firm, has made a minority growth investment in Wilmar Corporation, a Kent, Washington-based supplier, distributor, and category manager of specialty tools and equipment for the automotive aftermarket and other end markets. The Cantalini family will retain a significant ownership stake while Rainier provides capital and resources to support product expansion, geographic growth, and strategic acquisitions.

Nwestco Acquires Able Clean-Up Technologies, Inc.

February 1, 2024

Environmental Services

Denver-based Nwestco, LLC has acquired Able Clean-Up Technologies, Inc., a Spokane, Washington environmental services provider, in a deal completed January 31, 2024. The acquisition expands Nwestco's environmental services capabilities and regional footprint across WA, ID and MT; terms were not disclosed. Nwestco is PE-backed following a June 2023 recapitalization by Guardian Capital Partners, which supported the strategic add-on.