Newport, Ky., and Atlanta — An affiliate of Roark Capital, an Atlanta-based private equity firm, has closed on an investment in Divisions Maintenance Group.
Divisions Maintenance Group is a tech-based provider of integrated facilities maintenance services for prominent retail chains, pharmacies, grocery stores, warehouses, distribution centers and REITs across more than 46,000 locations in all 50 states. Newport, Ky.-based DMG’s proprietary systems and technology connect customers with maintenance solutions to transform their facility program by managing vendors, collecting data and maximizing cost-savings.
“We are delighted to partner with Roark,” says Gary Mitchell, president and CEO of DMG. “The transaction process was seamless; the Roark team did exactly what they said they would do every step of the way, and their operational expertise, great culture and deep need-based multi-unit services experience will help us further accelerate our growth.”
Since its founding in 1999, DMG has experienced tremendous annual growth. This strategic partnership with Roark will help sustain that track record by enabling the business to attract and retain top talent, further amplifying DMG’s operations and positioning the organization to remain a forerunner in the facility services industry through its leading software, dynamic team structure and strong customer portfolio. For more information, visit www.divisionsmg.com.
Roark focuses on franchised and multi-unit business models in the retail, restaurant, consumer and business services sectors. Since inception, affiliates of Roark have invested in 77 franchise/multi-unit brands which generate approximately $41 billion in annual system revenues from 39,000 locations in 50 states and 81 countries. For more information, visit www.roarkcapital.com.
SOURCE: Roark Capital