Januar 5, 2019

ISS Austria completed the spin-off of a non-core division in an MBO

We are happy to inform you that we successfully advised ISS Austria and the management team of CC Compact Cleaning GmbH on sourcing the funds to finance this MBO transaction.

ISS Austria (AT), a subsidiary of the world-leading facility management company ISS A/S, split off a non-core division, focusing on flexible, route-based facility services for SMEs. The division was bought out by its experienced management team, led by Mr. Siegfried Kohlhauser, and will now operate as the stand-alone legal entity CC Compact Cleaning GmbH. In this context, SAZUN m&a PLUS provided 360° advice on an optimized financial structure and a balanced funding mix, while leading negotiations with the financing partners. As a result, the newly-formed company is able to meet its working capital requirements comfortably while experiencing cost-efficient acquisition financing.

CC Compact Cleaning
CC Compact Cleaning is a well-positioned cleaning service provider in the Austrian market. The strong partnership with ISS AT, Austria’s market leader in the sector, will grant continuity and rapid further growth in the short to medium term. CC Compact Cleaning, with its high degree of technologization and streamlined processes, is perfectly equipped to meet future opportunities and challenges in the Austrian facility management market.

The Facility Management Industry

The Austrian market
The facility management market in Austria is driven primarily by a persistent outsourcing trend; in particular, office buildings account for rapid growth. When combined with additional factors, this creates an attractive estimated growth of 4.7% p.a. for 2018-2021. Infrastructural services still represent the biggest segment, while technical services show the fastest growth.

Want to know more?

If you would like to learn more about the valuations and deals of your industry, the transaction mentioned above or generally our way of working, we would certainly be happy to demonstrate our m&a PLUS® principle in a confidential meeting.
Just get in touch and we will share our experience on how to grow businesses with long-lasting partnerships.

With passion for M&A,
Your SAZUN Team