The Facilities Group Welcomes Strategic Growth Investment by Greenbriar

TAMPA, Fla. and NEW YORK, Feb. 8, 2022 /PRNewswire/ -- The Facilities Group ("TFG" or the "Company") in partnership with Greenbriar Equity Group, L.P. ("Greenbriar"), a leading middle market private investment firm, today announced that funds managed by Greenbriar completed its strategic growth investment in TFG, a leading integrated facilities maintenance solutions provider. Chief Executive Officer Bryson Raver will continue to lead the Company from its headquarters in Tampa, Florida.

The Facilities Group was founded by Revolent Capital Solutions as a consolidator in the highly fragmented janitorial services and facilities maintenance sector. Today, through its portfolio of 10 unique brand names, TFG serves more than 25,000 customer locations nationwide across a broad set of end markets.

CEO Bryson Raver, commented, "The entire TFG team is looking forward to our partnership with Greenbriar, specifically the opportunity to invest in continued growth initiatives and expanded service lines. Greenbriar's extensive sector knowledge and acquisition experience will enhance our current operations and accelerate our growth strategy."

Michael Weiss, Managing Partner at Greenbriar, said "The Facilities Group has established itself as a leading provider of facility maintenance and janitorial services in the United States, a sector we see benefitting from organic growth and consolidation tailwinds over the coming years. We are excited to partner with Bryson and his team to support the Company through its next stage of growth".

Raymond James acted as exclusive financial advisor to The Facilities Group. Moelis & Company and Kirkland & Ellis LLP acted as financial advisor and legal advisor, respectively, to Greenbriar. Additional terms of the transaction were not disclosed.

About The Facilities Group
The Facilities Group is a leading provider of integrated facilities maintenance solutions. The Company partners with premier local, regional, and national brands to provide best-in-class service for its customers nationwide and across a broad set of end markets. For more information, please visit www.thefacilitiesgroup.com.

About Greenbriar
Founded in 1999, Greenbriar is a leading private equity firm with more than $6 billion in aggregate capital commitments, across five funds, and is focused on investments in market-leading services and manufacturing businesses. Greenbriar looks to identify companies with proven management teams capitalizing on strong long-term growth prospects that can benefit from Greenbriar's deep sectoral expertise and strategic insight alongside our proven operating capabilities and network of senior executive relationships. For more information, visit www.greenbriarequity.com.

Media Contacts:

The Facilities Group
Dwight Tesoro
dtesoro@thefacilitiesgroup.com 

Greenbriar
Catherine Clifford
cclifford@greenbriarequity.com 

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SOURCE Greenbriar Equity Group