Morgan Stanley Private Credit backs The Facilities Group

Morgan Stanley Private Credit has made an investment in The Facilities Group, a portfolio company of Revolent Capital Solutions. No financial terms were disclosed. The Facilities Group is a provider of facilities maintenance and janitorial services.

PRESS RELEASE

TAMPA, FLA. (PRWEB) OCTOBER 06, 2021
The Facilities Group, a portfolio company of Revolent Capital Solutions, is proud to announce Morgan Stanley Private Credit as senior lender and equity partner.
The Facilities Group is a family of integrated facility maintenance organizations, consisting of seven brands, servicing more than 22,000 locations across the country. “With this investment by Morgan Stanley Private Credit, we have solidified funding to capitalize on continued growth opportunities, improve our cost of capital, and provide additional runway to maintain our pace of acquisitions,” stated Bryson Raver, Chief Executive Officer of The Facilities Group.

We believe Morgan Stanley Private Credit’s investment will enhance the ability for The Facilities Group to not only continue acquisitive growth, but also provide additional support to pursue new services lines across The Facilities Group portfolio. “We are confident that Morgan Stanley Private Credit’s support will allow The Facilities Group companies to better service our clients, offer new services and allow our employees enhanced career paths,” continued Raver.

The Facilities Group, one of the fastest growing national providers of facilities maintenance and janitorial services in the United States, has completed seven transactions since January of 2020, with additional acquisitions expected in 2021.

The Facilities Group partners with the premier local, regional, and national facility maintenance providers, while maintaining brand legacy and driving high powered technology to provide the best-in-class service experience. For more information, please visit http://www.thefacilitiesgroup.com

Revolent Capital Solutions is a Tampa-based private investment enterprise founded and capitalized by entrepreneurs. We seek family and founder owned businesses looking for liquidity, while providing ownership opportunities for management teams and an ecosystem designed to foster organic and acquisitive growth. Revolent is distinct because we intentionally built our enterprise to be the catalyst for long-term advancement of companies and its stakeholders driven by our experience, capital, and professional network. We combine a long-term hold period, with a flexible approach to investing, tailored to meet the needs of both entrepreneurs and senior management teams. For more information, please visit http://www.revolentcapitalsolutions.com