Announced

CCMP Capital Advisors acquired BGIS from Brookfield Business Partners for $1bn.

Synopsis

CCMP Capital Advisors acquired BGIS, a leading integrated facilities management company, from Brookfield Business Partners for $1bn. Leading the global real estate industry with innovative outsourcing and fully integrated solutions since 1992, BGIS provides a full spectrum of customized facility management services, project delivery services, energy and sustainability solutions, asset management, workplace advisory and management, and real estate services to real estate and infrastructure owners and occupiers. “We have been very impressed by the industry-leading business the experienced BGIS management team has built over the years, rooted in a strong culture of caring, innovation and high-performance,” said Greg Brenneman, Executive Chairman of CCMP. “We are excited to partner with Gord and his team to continue to grow BGIS for the benefit of customers and employees.”

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