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Deals

Inspirit-backed Sizemore agrees to buy Carlson Building Maintenance

Sizemore plans to acquire the Minneapolis facilities-services provider, with Carlson’s owners staying on to run the division.

Amanda Ross

By Amanda Ross · Deals Correspondent

· 2 min read

Inspirit-backed Sizemore agrees to buy Carlson Building Maintenance
Photo: PE Hub

Sizemore Inc., a portfolio company of Inspirit Equity, has agreed to acquire Carlson Building Maintenance, PE Hub reported. The deal would bring a Minneapolis-based provider of janitorial and facility services into Sizemore’s operations, adding a business that serves retail, grocery and commercial customers across the Midwest.

PE Hub did not report the purchase price, financing terms or expected closing date. The disclosed information places the transaction in the business services sector, where private equity-backed companies often use acquisitions to add customers, local operating capacity or service lines.

Carlson was founded in 1959, according to PE Hub. The company’s long operating history is part of the transaction profile disclosed for the deal, alongside its regional customer base and focus on building maintenance services.

The report said Carlson’s owners, Nick Giese and Kaylee Brown, will continue to lead the division and remain involved in day-to-day operations. In acquisition structures of this kind, retaining existing leadership can help a buyer preserve customer relationships and operational continuity after ownership changes.

Sizemore is the acquiring company and is backed by Inspirit Equity, PE Hub reported. No advisers, lenders or other transaction participants were identified in the reported details.

The agreement adds to Sizemore’s activity under private equity ownership, though PE Hub did not provide further details on Sizemore’s existing geographic footprint, employee base or revenue. It also did not specify whether Carlson will keep its name after the acquisition or how the business will be integrated.

This story draws on original reporting from PE Hub.

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