Gladstone Investment Corporation and Slate Capital Group Acquire Horizon Facilities Services
June 28, 2019
Gladstone Investment Corporation partnered with Slate Capital Group and members of Horizon's executive management to acquire Horizon Facilities Services, a provider of outsourced labor solutions and commercial janitorial services headquartered in Allentown, Pennsylvania. Gladstone provided equity and senior secured debt to complete the transaction; the partnership will support Horizon's next phase of growth in the outsourced labor and facilities services market.
- Buyers
- Gladstone Investment Corporation, Slate Capital Group, Members of Horizon's executive management
- Targets
- Horizon Facilities Services, LLC
- Industry
- Staffing & HR
- Location
- Pennsylvania, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
4M Building Solutions Acquires Horizon Services Corporation
June 11, 2024
Industrial Services
4M Building Solutions, backed by O2 Investment Partners, has acquired Horizon Services Corporation, a commercial cleaning and facilities services provider headquartered in East Hartford, Connecticut. Horizon will retain its leadership and brand while its leadership team and select executives become equity holders; the deal is 4M's fourth add-on since O2's growth investment in January 2023.
-
New Mountain Capital Acquires Horizon Group Holdings from Sun Capital Affiliate
November 13, 2019
HVAC & Mechanical
New Mountain Capital has acquired Horizon Group Holdings, LLC (Horizon Services) from an affiliate of Sun Capital Partners. Horizon, a Newark, Delaware-based residential provider of heating, air conditioning, plumbing, and electrical services with a ~1,400-employee team, will remain managed by founder Dave Geiger and management, and will use New Mountain's capital and resources to accelerate organic and acquisition-led growth.
-
Granite Bridge's InterMed Acquires Horizon CSA
January 9, 2019
Healthcare Services
Granite Bridge Partners has expanded its health-technology management platform, The InterMed Group, with the acquisition of Horizon CSA, LLC, a North Carolina clinical engineering and biomedical equipment services provider. The add-on strengthens InterMed's technical capabilities and expands its presence in the southeastern and mid-Atlantic U.S.; Horizon's co-owners Mike Marrow and Dale Allman joined the transaction as sellers.
-
The Facilities Group Acquires Summit Service Group
September 1, 2022
Industrial Services
The Facilities Group, a portfolio company of Greenbriar Equity Group and Revolent Capital Solutions, has acquired Summit Service Group, a Denver-area janitorial and facility maintenance provider founded in 1981. The deal adds a Colorado-based platform to TFG's national footprint and will support the firm's expansion across the Mountain West.
-
Greenman-Pedersen (GPI) Acquires Horizon Engineering Group
July 16, 2021
Engineering Services
Greenman-Pedersen, Inc. (GPI) has acquired Horizon Engineering Group, an Orlando-based 45-person transportation design firm, to expand GPI's Florida operations and add transportation engineering capabilities. Horizon will initially continue operating under its own name before transitioning into GPI, strengthening GPI's engineering depth for transportation and design-build projects in Florida and the southeastern U.S.
-
Southern Glazer's Wine & Spirits Acquires Horizon Beverage Group
July 25, 2024
Logistics & Distribution
Southern Glazer's Wine & Spirits has agreed to acquire Horizon Beverage Group, Inc., adding Horizon's Massachusetts and Rhode Island operations, portfolio, warehouse capacity and delivery fleet to Southern Glazer's U.S. footprint. The transaction expands Southern Glazer's presence into the two states and will keep Horizon's current leadership and family owners involved through the transition.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.