Announced
Completed
Financials
Sources
Tags
Janitorial
janitorial supplies
Majority
Acquisition
Domestic
Friendly
janitorial services
Completed
Private
Single Bidder
United States
Private Equity
Synopsis
Individual FoodService, a distributor of foodservice disposables and janitorial and sanitation services, completed the acquisition of Brady Industries, a JanSan distributor, from Alvarez & Marsal. Financial terms were not disclosed. “I’m excited to partner with Kelso and IFS. I look forward to working with Ken and his team to accelerate our growth by combining our resources and expertise, enhancing our national account value proposition, and deploying even more capital in support of acquisition activity. This partnership honors and enhances the 73-year Brady legacy and provides exciting opportunities for the entire Brady team," Travis Brady, Brady Industries President.
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