A Toledo, Ohio-based company has acquired the janitorial division of a local business.
Clean Team Inc., of Toledo, Ohio, recently acquired the janitorial division of Grand Rapids-based Century Flooring & Cleaning, according to Small Business Deal Advisors (SBDA) in Grand Rapids, which represented the seller in the transaction.
The terms of the contract are not disclosed.
Founded in 2003, Century Flooring & Cleaning is part of the Custer family of companies. He is based at 719 Century Ave. SW in Grand Rapids and has 50 part-time and 10 full-time employees. Century provides commercial and residential flooring services and assists customers throughout the process, from selection and design to installation, maintenance and cleaning.
Century has built a client base of recurring janitorial clients over the years in West Michigan – including hospitals, restaurants, corporate offices and educational institutions – many of whom started as design clients and installation of flooring.
Ready to focus solely on the sale and installation of flooring, Century Flooring & Cleaning management engaged SBDA to find a buyer for the janitorial services division.
“We found an excellent buyer right from the start. The buyer and seller got along very well and the whole transaction went smoothly,” said Scott Nicholson, the SBDA M&A advisor who managed the transaction.
Clean Team was on the 2021 Inc. 5000 list of America’s fastest growing private companies. It provides cleaning services to hospitals, educational institutions, manufacturing facilities, government buildings, corporate offices, distribution centers and more.
The acquisition of the janitorial services division of Century Flooring & Cleaning will allow Clean Team to expand its reach in western Michigan, the company said. Clean Team currently has 14 offices based in Ohio, Michigan, Indiana and New Jersey.
“We are pleased with how this process has gone,” said SBDA Partner Matt Baas. “Century is a well-known and respected name in the region, and Clean Team is an ideal partner to further develop the business.”