.
MergerLinks Header Logo

New Deal


Announced

Completed

Warburg Pincus completed the acquisition of Sweeping Corp of America from Soundcore Capital Partners.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Domestic

United States

Consumer Services: Other

Private

maintenance services

Private Equity

Majority

Single Bidder

Friendly

Acquisition

Textile Rental / Washroom Services

Completed

Synopsis

Edit

Warburg Pincus, a global private equity firm focused on growth investing, completed the acquisition of Sweeping Corp of America, a provider of facility maintenance services, from Soundcore Capital Partners, a private equity firm. Financial terms were not disclosed. "As a leading growth investor, Warburg Pincus has a strong history in partnering and developing high quality, category-defining businesses. As the only provider with significant scale and a growing national presence, this partnership will enable us to further expand service capacity, fuel continued innovation in our complimentary services, and support key growth initiatives, with a focus on strategic acquisitions. We would also like to thank our partners at Soundcore Capital Partners for their valuable contributions and strategic insight over the years," Christopher Valerian, SCA President & CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US