Graycliff Announces Credit Investment in Global Facility
Graycliff Partners LP today announced that it has completed a unitranche debt and equity co-investment in support of Hastings Equity Partners’ acquisition of Global Facility Management & Construction (“Global Facility”).
Global Facility is a premier facility management company providing repair, construction, rollout, janitorial, and restoration services across a broad range of end markets, including retail, financial services, restaurants, convenience stores, hospitality, healthcare, and corporate facilities. The Company is supported by a network of more than 10,000 technicians and vendor partners, as well as self-performing teams in major metropolitan areas across the country.
“We are excited to partner with Global Facility and Hastings on this transaction,” said Brian O’Reilly, Partner at Graycliff Partners. “Global Facility has built a premier national facility management platform with a loyal customer base, and we look forward to supporting the company as it continues its growth trajectory.”
“We are excited to continue our partnership with Graycliff, as this marks the second platform we have worked on together recently,” said Marco Rodriguez, Principal at Hastings Equity Partners.