About This Deal

ABM INDUSTRIES INC /DE/ acquired Diversco, Inc. for $30.6 million, a transaction completed in June 2010, structured as Cash acquisition.

Diversco, Inc. operates in Janitorial and security services, is based in United States (Southeast, Midwest, Mid-Atlantic). ABM acquired Diversco, a national provider of outsourced facility services. The deal expanded the geographic reach of ABM's janitorial and security businesses, particularly across the Southeast, Midwest and Mid-Atlantic regions of the United States.

Broaden the geographic footprint of ABM's janitorial and security service lines in underpenetrated U.S. regions.

Deal Terms

Acquirer
ABM INDUSTRIES INC /DE/
Target
Diversco, Inc.
Value
$30.6 million
Date
June 2010
Type
Acquisition
Status
Official-source — no SEC filing

Transaction Details

Target HQ
United States (Southeast, Midwest, Mid-Atlantic)
Segment
Janitorial and security services
Structure
Cash acquisition
Closed
June 30, 2010

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

See how Top Bucket AI works for your firm

Request Demo
Top Bucket AI Research

Stay ahead of private markets

Research and market intelligence for private-markets professionals.

✓

You're subscribed.

Thanks for signing up.