Nautic Partners Forms HES Facilities LLC and HES Acquires SMS, LLC
August 19, 2020
Nautic Partners has formed HES Facilities LLC, a Knoxville-based education-focused facilities services platform, in partnership with management led by Buddy Helton and Charlie Spencer. In conjunction with the formation, HES acquired SMS, LLC (a regional facility services provider founded in 2007) and intends to grow the platform organically and via add-on acquisitions to serve K-12 and higher education customers nationally.
- Buyers
- Nautic Partners, LLC, HES Facilities LLC
- Targets
- SMS, LLC
- Platforms
- HES Facilities LLC
- Industry
- Education
- Location
- Tennessee, United States
- Transaction Type
- Addon
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