Seller: Cadillac Services
Transaction Type: Sell-Side M&A
Industry: Business Services
Headquarters: Bayamón, Puerto Rico
Overview: Established in 1966 in Bayamón, Puerto Rico, Cadillac Services is the leading provider of industrial laundry, uniform and linen rental, and cleanroom services on the island. Cadillac Services caters to numerous Fortune 500 and other large commercial and industrial customers throughout the broader industrial, healthcare, pharmaceutical, hospitality and tourism, and food and beverage end markets. Not only does Cadillac Services operate one of the only cleanrooms in Puerto Rico, but is the only TRSA-certified Hygienically Clean and Clean Green® provider on the island.
Buyer: Thesis Capital Partners
Headquarters: Houston, TX
Overview: Thesis Capital Partners is a Houston, TX-based independent sponsor that strives to empower the next generation of great entrepreneurs to invest in and grow exceptional businesses over a long-term horizon. Targeting investments in family-owned businesses earning between $3M – $25M in annual earnings, Thesis aims to uphold the family-owned legacy of such businesses. Since inception in 2017, Thesis Capital Partners has made numerous investments throughout the healthcare, software, distribution, and business-to-business services industries.