December 17, 2021 //
Stillwater Capital, a leading M&A advisory firm, is pleased to announce that it served as exclusive advisor to J.E. Strong Ltd., Canada’s largest ServiceMaster Clean franchisee, in its sale to Cleanesque Solutions Inc. in December 2021.
Since 1976, J.E. Strong has been providing commercial cleaning services to Mississauga and the surrounding areas. J.E. Strong is one of the largest and most well-respected commercial cleaning businesses in Canada.
“We were able to leverage our experience selling franchisees to find the best buyer for the business. In order to facilitate the sale, we were able to use our contacts to assist in the financing of the transaction,” said Don Pagnutti, Managing Director at Stillwater Capital.
Cleanesque Solutions Inc., the holding company for the purchaser, acquired the business.
“We are so thankful to have worked with a team that handled the challenges of selling a franchisee professionally, timely, and efficiently. The team at Stillwater always had our best interest at heart and combined that with common sense to finalize a deal everyone was pleased with,” says Jeff and Julie Strong, owners and founders of J.E. Strong Ltd.
Stillwater Capital acted as the exclusive financial advisor to J.E. Strong in the transaction. Don Pagnutti led Stillwater’s deal team.
About Stillwater Capital
Stillwater Capital is one of North America’s leading mid-market M&A advisors with over 100 completed transactions over the past 20 years.
Stillwater is passionate about helping owners realize maximum value in the sale of their business. We believe that people who spend their lives building a company deserve the absolute best advice to ensure that hard work is rewarded in full.
Based out of Toronto, Canada, Stillwater is a member of the world’s premier professional advisory group, Geneva Capital Group, made up of 29,600 of the world’s best legal, accounting, and M&A professionals in over 623 offices in 126 countries.