#USA #Boyne Capital #Commercial Cleaning #HB Facility Services #Lake Hiawatha

Boyne Capital Launches New Cleaning Platform

Boyne Capital, a prominent private equity firm based in Florida, announced the launch of a fresh platform in the commercial cleaning and facility services sector. This initiative is marked by their strategic acquisition of HB Facility Services, which holds over 30 years of reliable experience in the industry. The acquisition not only strengthens Boyne's footprint but also sets the stage for a significant expansion within this highly fragmented market.

Building on a Strong Foundation

HB Facility Services, headquartered in Lake Hiawatha, New Jersey, has maintained a commendable reputation by providing essential services across various sectors, including distribution, logistics, manufacturing, and education. With a customer-centric ethos that emphasizes safety and operational excellence, the company has successfully fostered long-term relationships and maintained high service levels across diverse geographies.

Derek McDowell, managing partner at Boyne Capital, elaborated on their vision: "The launch of this platform marks an exciting step in Boyne's continued focus on building scaled leaders in fragmented service industries. HB provides an exceptional foundation, and we are well-positioned to execute on a disciplined acquisition strategy and create a leading provider in commercial cleaning and facility maintenance."

Strategic Growth Plans

Boyne Capital plans to leverage HB's established framework as a springboard for growth. The strategy will involve targeted acquisitions of high-quality regional operators, expanding geographical reach, broadening service capabilities, and investing in advanced technology and operational infrastructures. This multifaceted approach aims to drive consistency and efficiency while enhancing customer satisfaction within the service offerings.

Roman Krislav, managing director at Boyne Capital, conveyed enthusiasm about future partnerships: "We look forward to building a market leader by supporting the HB team and pursuing additional partnerships with providers who share our vision of delivering exceptional service and long-term value to customers."

The collaboration with HB Facility Services is expected to open new avenues for both companies as they work to deliver unparalleled service and operational excellence in the cleaning and facility management realm.

Committed to Excellence

Hani Adawi, the founder of HB, expressed his excitement regarding the partnership with Boyne Capital, stating, "We are thrilled to partner with Boyne Capital as we take this exciting next step in our company's journey. Our priority has always been supporting our employees and delivering reliable service to our customers, and this partnership gives us the resources to strengthen both."

With the backing of Boyne Capital, HB is poised to explore new opportunities, continuing its long-standing tradition of providing reliable service. The firm’s comprehensive support, which includes both capital and operational expertise, positions HB as an influencer in shaping the future of the commercial cleaning space.

About Boyne Capital

Founded in 2006, Boyne Capital specializes in investments in lower middle market companies. Since its inception, the firm has successfully operated across various industries like business services, consumer products, healthcare services, and engineering services. Boyne Capital seeks not only to provide financial resources but also industry knowledge and operational support to its partner companies, enabling them to achieve superior performance and growth.

To learn more about Boyne Capital and its initiatives, visit their official site at www.boynecapital.com. For inquiries about potential collaborations, contact Matthew Menker at [email protected].