TEC Services

TEC Services is a leading provider of essential cleaning services to customers in the retail grocery and food distribution industries, helping operators optimize their food safety, sanitation and compliance programs. The company’s services are performed under multi-year contracts that create attractive, recurring revenue visibility and sticky customer relationships. TEC Services’ highly scalable, outsourced model fully addresses the daily and nightly cleaning and sanitation needs of its customers across their entire facilities, helping customers pass food safety audits and inspections in markets characterized by rigorous sanitation standards.

HAS PARTNERED WITH

Cleaning Services

Situation

BlackArch was retained by TEC Services to serve as the company’s exclusive financial advisor.

BlackArch’s Customized Solution

BlackArch provided hands-on support for the founders and management while orchestrating a tailored, high-touch sellside process. The transaction builds upon BlackArch’s momentum in the business and facility services sector and is a further example of the firm’s ability to deliver successful outcomes for high-growth, founder-owned businesses.

Outcome

TEC Services partnered with Braemont Capital to help drive the company’s continued growth, delivering a premium outcome for the shareholders and continuing leadership roles for the management team.

Industries:

Business Services, Consumer Products & Services, Energy & Industrial Services, Food & Beverage

Location:

Columbia, MD

Transaction type:

Sellside Advisory