IS PLEASED TO ANNOUNCE THAT VONACHEN GROUP HAS ACQUIRED
COMPLETE BUILDING SERVICES, INC.
Established in 1968, Vonachen Group, now four generations strong, has grown to become one of the largest privately-owned janitorial service companies in the Midwest and Southern US, with more than 3,000 employees across hundreds of locations.
Complete Building Services (CBS), based in Clinton, Iowa was acquired by Vonachen Group. Founded in 1999 by Kevin and Jackie Burken, CBS is a janitorial service company focused on commercial and industrial cleaning in the state of Iowa. Customer satisfaction and providing the community with a safe and healthy environment have been top priorities since day one.
As Vonachen Group’s exclusive Acquisition Strategy Management (ASM) partner, Pursant identified Complete Building Services as a potential complementary add-on acquisition for Vonachen Group. The Pursant team connected with the ownership of CBS to assess cultural and criteria alignment with Vonachen Group. We introduced the parties, assisted with the negotiation of definitive deal terms, and supported the due diligence and legal process through to the closing of the transaction. Leveraging our deep industry expertise and extensive network, we facilitated a seamless integration that aligns with Vonachen Group's strategic objectives.
Click here to view the full transaction announcement.
About Pursant
Pursant is a middle market advisory firm specializing in M&A, private capital market financing, transaction advisory, financial leadership support, business value enhancement consulting and coaching. Our powerful, integrative, and customized suite of services deliver the insight and guidance parties seek to:
Confidently navigate strategic transactions and complex financial matters
Enhance enterprise value
Optimize leadership performance
We use a deep immersion process, our expansive networks and experience as owner/operators, dealmakers and financial professionals to achieve optimal outcomes throughout the lifecycle of a company.
