TAMPA, Fla., October 12, 2021--(BUSINESS WIRE)--Skyway Capital Markets, LLC ("Skyway") is pleased to announce the sale of Sentinel Maintenance Inc. ("Sentinel" or the "Company") to Kleen-Tech Services, LLC ("Kleen-Tech"). Marc Schultz and Chris Greco will continue to lead and grow the Sentinel brand while offering new services to existing Kleen-Tech customers. Skyway Capital Markets served as the exclusive investment banker to Sentinel Maintenance for this transaction.
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Skyway Capital Markets advises on the sale of Sentinel Maintenance Inc. to Kleen-Tech Services, LLC. (Photo: Business Wire)
Kleen-Tech Chief Executive Officer, James Vaughan commented, "Sentinel’s combination of white glove service for leading publicly traded companies, as well as unique high access window and cleaning solutions, meaningfully expands the services we at Kleen-Tech can offer our clients. With this transaction, we continue to build upon our foundation as a rapidly growing, nationwide, full-service, janitorial and maintenance company. Most importantly, our loyal customers and employees will continue to benefit as we accelerate our market share growth across the United States."
Sentinel’s Chris Greco said, "We believe we found the perfect partner in Kleen-Tech, and look forward to offering even more services and value to our incredible customers. The Skyway team did an amazing job connecting us with a partner that recognizes not only the value of our business, but also brings meaningful synergies to the table and prioritizes culture like we do."
Sentinel’s Marc Schultz commented, "We couldn’t be happier with the outcome of this transaction and look forward to taking our combined businesses to another level. The Skyway team exceeded our expectations in every way, helping us close the ideal transaction."
Skyway Capital Markets Managing Director Andrew Fenton stated, "We are excited to see Marc and Chris, and their new partners at Kleen-Tech, capitalize upon the many synergies inherent in this transaction."
Skyway Capital Markets, LLC is a leading M&A advisor to closely held and family-owned middle-market businesses.
The Skyway Capital Markets transaction team included:
Michael Faraone, Senior Managing Director
Andrew Fenton, Managing Director
About Skyway Capital Markets
Skyway Capital Markets is a market-leading, award winning boutique investment bank that works with middle market companies, public and private, through customized financial advisory services including corporate finance, capital raises, public and private offerings, mergers & acquisitions, fairness opinions, restructurings, and recapitalizations. Skyway Capital Markets is headquartered in Tampa, Florida and a member of FINRA and SIPC. For additional information, please visit www.skywaycapitalmarkets.com.
About Sentinel Maintenance
Sentinel Maintenance specializes in Construction Cleaning, Janitorial Cleaning, Facility Management and Maintenance, and High/Dangerous Access Window Cleaning. At Sentinel Maintenance Inc., we are experts in all types of construction cleaning services and high elevation maintenance of various facilities and surrounding sites. Our operations span across the United States and Canada with offices located in Nevada, Texas, California, Florida, Arizona, Connecticut, Alberta and Ontario, among other locations. No city, state or province is out of our reach. For additional information, please visit www.sentinelmaintenance.com.
About Kleen-Tech Services
Established in 1993, Kleen-Tech provides custodial services across more than 50-million square feet of commercial and government facilities for long-term, highly-satisfied customers throughout the United States. We provide close monitoring of resources, labor, training and re-engineering as needed to maintain our clients’ changing requirements, while ensuring our practices meet the facility service industry’s highest standards. For additional information, please visit www.kleen-tech.com.
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