Ridgewood, NJ – The DAK Group, a leading investment bank specializing in middle market mergers and acquisitions worldwide, announced the sale of its client The Thesing Companies, headquartered in Sewell, NJ to Katsam Property Services, a portfolio company of private equity investor Unity Partners.
The DAK Group served as the exclusive investment banker and financial advisor to Thesing, initiating and managing the sale process. This transaction capitalizes on Thesing’s leading position in the street sweeping and property services space, catering to a wide array of commercial customers in the Mid-Atlantic Region.
“The Thesing Companies has built an exceptional business with an excellent reputation and loyal, devoted customers. This transaction has provided ownership the opportunity to monetize all their years of hard work and dedication” stated Steve Raymond, Managing Director, at The DAK Group who led the transaction, along with Derek Zacarias , Director, and Shadi Yakoup, Analyst.
The DAK Group ran a competitive divestiture process. Katsam Property Services was identified as the ideal partner, providing a similar culture and “can do” attitude.
“Selling the business was far more complex than we expected, and we are grateful to have had The DAK Group by our side. They provided structure, strategy, and access to buyers we could never have reached on our own. The team was responsive, professional, and a real pleasure to work with, they delivered an outcome we are very pleased with”
About The DAK Group
www.dakgroup.com
The DAK Group is a leading investment bank serving privately held businesses in the areas of mergers and acquisitions, business sales, strategic advisory, valuations, and fairness opinions. Since 1984, The DAK Group has executed hundreds of transactions across a wide range of industries. The DAK Group is headquartered in Ridgewood, NJ.
About Thesing
www.thesingcompanies.com
The Thesing Companies is a leading provider of heavy street sweeping, soil erosion control and property maintenance services. Our broad range of services is designed to help customers have one service provider for solutions to multiple needs. When customers partner with The Thesing Companies, they get a company that genuinely cares about safety, the environment, compliance, quality of work, and lasting relationships.
About Katsam
www.katsam.com
Katsam is a facility maintenance services and power sweeping company serving both commercial and municipal customers. Katsam provides power and air sweeping, pressure washing, day portering, soil erosion and janitorial services.
Like this Thought Leadership?
Sign up to receive: News, Industry Analysis, Updates & Invitations.
