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RWK Services Acquires Twin City Maintenance Team

RWK Services Acquires Twin City Maintenance Team

Ohio-based commercial cleaning services firm merges with local janitorial and cleaning industry leader

PR Newswire

EDINA, Minn., March 13, 2018 /PRNewswire/ — Representatives from Sunbelt Business Advisors announced their client, Twin City Maintenance Team, has been acquired by RWK Services, a leading green facility service provider headquartered in Northeast Ohio. RWK Services is expanding its operations in the Midwest through strategic acquisition of companies aligned with its core competencies. RWK Services plans to retain all Twin City Maintenance Team staff as well as the company name.

RWK Services provides a wide range of facility and environmental services to property management, including office cleaning, janitorial, carpet maintenance, floor care and flood remediation. A CIMS-GB Certified Company, RWK implements sustainable practices at the facilities it serves.

Twin City Maintenance Team was founded by Kirk Berg in 1977 while Berg was still in his teens. The company specializes in clean room services for Fortune 500 companies in the Twin Cities metro area. The company currently employs approximately 50 full-time and part-time staff.

Sunbelt Business Advisors assisted Twin City Maintenance Team with market research and identifying potential buyers, and helped manage the transaction. Sunbelt has reported a surge in merger and acquisition activity over the past year, driven by several factors including an increase in growth by acquisition interest as well as generational shifts.

“The deal between RWK and Twin City Maintenance Team is an excellent example of finding a buyer that can not only carry on a tradition of excellence, but create new opportunities for growth,” said Matt Schroder, Business Broker for Sunbelt Business Advisors. “I’m excited to see the next chapter for Twin City Maintenance Team and to welcome the RWK Services team to the Twin Cities market.”

About Sunbelt Business Advisors – Sunbelt Business Advisors offers services for business owners interested in selling their business, assistance with merger and acquisition activities, complimentary business value assessments and helping business owners understand how to maximize their NET when they exit. With offices in Minneapolis, Chicago, Milwaukee and Las Vegas, it is one of the largest franchisees within the Sunbelt brand. The firm provides business brokerage and M&A advisory services for companies with revenues from $500,000 to $100 million, as well as exit planning, franchise sales, consulting and business valuation services.

About SunbeltSunbelt is the world’s largest business brokerage company and sells more companies than any other firm in the world. Founded in 1978 Sunbelt now has 200 offices worldwide helping people buy and sell businesses.

For more information visit http://www.sunbeltmidwest.com/

Cision View original content:http://www.prnewswire.com/news-releases/rwk-services-acquires-twin-city-maintenance-team-300612758.html

SOURCE Sunbelt Business Advisors

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