Boyne Capital launches platform with H&B Facility Services
The Lake Hiawatha, New Jersey-based company brings a 30-year track record serving distribution, logistics, manufacturing, and education customers across multiple geographies.
Takeaways
- H&B Facility Services is a commercial cleaning and facility services.
- Boyne Capital is acquiring H&B Facility Services.
- The target serves distribution, logistics, manufacturing, education across Lake Hiawatha, New Jersey.
The commercial cleaning and facility services sector, highly fragmented and dominated by regional operators, has drawn a new private equity platform.
Boyne Capital is launching a facility services platform with an investment in H&B Facility Services, a Lake Hiawatha, New Jersey-based provider.
H&B has spent more than 30 years delivering cleaning and facility maintenance to customers across distribution, logistics, manufacturing, and education end markets.
The company has built its reputation on safety, responsiveness, and operational excellence.
Founder Hani Adawi will continue with the business, which now serves as the platform’s inaugural investment.
Boyne plans a buy-and-build strategy centered on H&B, targeting add-on acquisitions of high-quality regional operators.
The firm aims to extend the platform’s geographic reach, add complementary services, and invest in technology and operational infrastructure to improve consistency and efficiency.
Miami-based Boyne Capital, founded in 2006, invests in lower middle-market companies across business services, consumer products, niche manufacturing, healthcare services, and industrial sectors.
The firm provides growth capital and facilitates partial or full exits for owners.
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