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New Deal


Announced

Completed

Angeles Equity Partners-backed Xanitos completed the acquisition of Legion Building Services.

Financials

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

Tags

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Single Bidder

Completed

Private

commercial cleaning

Domestic

Majority

United States

Acquisition

Janitorial

Private Equity

Friendly

Synopsis

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Angeles Equity Partners-backed Xanitos, a provider of hospital housekeeping, patient transport, and linen and laundry services, completed the acquisition of Legion Building Services, a provider of commercial cleaning exclusively to the healthcare market. Financial terms were not disclosed. "By acquiring Legion Building Services, we expand our mission to help save lives into ambulatory spaces. Legion’s specialist approach will offer our healthcare partners additional solutions. Bringing Legion into the Xanitos family is a key step forward in our mission to be the nation’s preeminent cleaning partner for healthcare organizations," Dave Crothall, Xanitos CEO.

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