Nautic Partners-backed GI Partners acquires HES Facilities Management
The Knoxville, Tennessee-based company provides janitorial, facilities management and groundskeeping services to education institutions and commercial customers in more than 30 states.
Focused on outsourced facilities services for campus and commercial customers, HES Facilities Management moved to GI Partners in a sponsor-to-sponsor sale.
The Knoxville, Tennessee-based company provides janitorial, facilities management and groundskeeping services, and it operates in more than 30 states across the United States.
Nautic Partners, LLC sold the business after founding it with management in 2020 and scaling HES into a national outsourced facilities services platform.
The investment gives GI Partners a platform in facilities management, a services niche serving education and commercial end markets.
Terms were not disclosed.