The Facilities Group, a portfolio company of Greenbriar Equity Group and Revolent Capital Solutions, led by industry veteran, Bryson Raver, has partnered with Red River Sanitors, a regional provider of janitorial and facility services headquartered in Shreveport, Louisiana
SHREVEPORT, La., May 2, 2023 /PRNewswire-PRWeb/ -- Red River Sanitors ("Red River") was founded in 1963 and have been a leader in the facility maintenance and janitorial industry in Louisiana for over 60 years. Mike Young, President of Red River, was searching for an industry partner that would continue the generational legacy that has separated Red River from their competition for the last 60 years. "Partnering with The Facilities Group is a phenomenal opportunity for us to continue our expansion throughout Louisiana and surrounding states, while maintaining the unique culture our team has built over the past six decades," Young stated.
The Facilities Group, with 25 offices, services more than 28,000 locations across the country. "We are excited to welcome Red River to The Facilities Group family. In addition to continued expansion with the support of The Facilities group resources, Red River's long history in Louisiana will allow us to provide a more focused service offering in the Gulf Coast region," stated Bryson Raver, Chief Executive Officer of The Facilities Group.
Adding Red River to The Facilities Group family marks the sixteenth company to join The Facilities Group since inception. Three Sixty Seven Advisors represented The Facilities Group during the transaction. Red River joins one of the fastest growing national providers of facilities maintenance and janitorial services in the United States, with additional acquisitions expected in 2023.
The Facilities Group – The Facilities Group partners with premier local, regional, and national facility maintenance providers, while maintaining brand legacy and driving high powered technology to provide the best-in-class service experience. For more information, please visit http://www.thefacilitiesgroup.com
Revolent Capital Solutions is a Tampa-based private investment enterprise founded and capitalized by entrepreneurs. We seek family and founder owned businesses looking for liquidity, while providing ownership opportunities for management teams and an ecosystem designed to foster organic and acquisitive growth.
Revolent is distinct because we intentionally built our enterprise to be the catalyst for long-term advancement of companies and its stakeholders driven by our experience, capital, and professional network. We combine a long-term hold period, with a flexible approach to investing, tailored to meet the needs of both entrepreneurs and senior management teams. For more information, please visit http://www.revolentcapitalsolutions.com
Three Sixty Seven Advisors is a middle-market Mergers and Acquisitions advisory firm that leverages its industry experience and depth of relationships to assist their clients in helping realize the best outcome in every transaction. For more information, please visit http://www.threesixtyseven.com
Media Contact
Dwight Tesoro, The Facilities Group, 1 8134212516, [email protected]
SOURCE The Facilities Group
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