Undisclosed Strategic Acquiror Acquires J&J Services, Inc. from Main Street Capital
November 3, 2021
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.
- Buyers
- Undisclosed strategic acquiror
- Targets
- J&J Services, Inc.
- Sellers
- Main Street Capital Corporation, Co-investors (unnamed)
- Industry
- Environmental Services
- Location
- Tennessee, United States
- Transaction Type
- Buyout
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