CCMP Capital Advisors enters into approx. US$1B agreement to acquire BGIS
May 31, 2019
1.00 Billion USD
On March 11, 2019, CCMP Capital Advisors, LP announced that it has entered into a definitive agreement under which affiliates of CCMP will acquire BGIS, a leading integrated facilities management company, from Brookfield Business Partners for approximately US$1 billion. The transaction is expected to close in the second quarter of 2019 and is subject to customary closing conditions.
CCMP is a private equity firm focused on making buyout and growth equity investments in North America and Europe in three primary industries: Consumer, Industrial and Healthcare.
BGIS is an industry leading integrated facilities management company. BGIS provides a full spectrum of customized facility management services, as well as project delivery, energy and sustainability, asset management, workplace advisory, and real estate services.
McCarthy Tétrault LLP is advising CCMP with a team led by David Tennant and Deandra Schubert that includes Shauvik Shah, Paulina Bogdanova, Eloise Gagne and Eric Frydrych (Business), Doug Cannon, Kabir Jamal, Stefanie Morand and Wendy Brousseau (Tax), Oliver Borgers, Jonathan Bitran and Kate McNeece (Competition), Martha Harrison and Robert Glasgow (International Trade), Justin Lapedus and Noel Chow (Financial Services), Deron Waldock, Kelleher Lynch and Jaspreet Kaur (Pensions & Benefits), Trevor Lawson and Simmy Sahdra (Labour & Employment), Charlene Schafer and Alessandra Valitutti (Real Property and Planning), Marc-Alexandre Hudon (Regulatory), Vincent Yip (Intellectual Property and Technology), and Joanna Rosengarten (Environmental).