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New Deal


Announced

Angeles-backed Data Clean to acquire SML.

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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Private

Electronic Components and Equipment

Domestic

tech services

Acquisition

Friendly

Single Bidder

United States

Pending

Majority

Private Equity

Synopsis

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Angeles-backed Data Clean, a critical environment cleaning and remediation company, agreed to acquire SML, a critical environment cleaning business serving data centers. Financial terms were not disclosed. “SML is a great fit for us, given the strong alignment of their culture of excellence with Data Clean’s prioritization of its people and clients. We believe the combination of our decades of collective experience with the latest technological innovations will provide our customers with the peace of mind that comes from best-in-class solutions. The acquisition highlights our commitment to being recognized as the market leader in contamination control services for critical environments,” Richard Hill, Data Clean President.

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