Announced
Completed
Financials
Tags
Acquisition
Domestic
United States
Private Equity
Private
Single Bidder
Health Care Facilities
facility operations
hospital operation
Friendly
Majority
Completed
Mbo
Synopsis
Arlington Capital, a private equity firm focusing on leveraged buyout and recapitalization investments in middle-market companies, completed the acquisition of J&J Worldwide, an outsourced solutions provider to the United States Federal Government. Financial terms were not disclosed. “In Arlington Capital, we found the ideal partner to carry on Johnny Voudouris’ legacy. They are committed to preserving and cultivating the mission and employee-focused culture that Johnny and Sharron Voudouris have imbued in the Company since its founding 50 years ago. The investment from Arlington will allow J&J to remain an independent entity and retain its strong culture. Additionally, in partnership with Arlington, we look forward to finding new customers who may benefit from J&J’s unique expertise and services. The management team and I are excited to begin this new chapter of J&J’s history with Arlington Capital,” Steven Kelley, J&J Worldwide President and CEO.
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