4M Building Solutions Acquires Miracle Clean Services and FKI Cleaning Services
O2 Investment Partners (www.o2investment.com) is pleased to announce that 4M Building Solutions (“4M”), a leading full-service commercial cleaning and janitorial services platform, has completed the acquisition of Akron, Ohio based Miracle Clean Services (“Miracle”) and Washington, Missouri based FKI Cleaning Services (“FKI”). Terms of the investments were not disclosed.
Miracle has been serving the Northeast Ohio region since 2013 with a team of 71 dedicated professionals and long-tenured client contracts. The Company specializes in janitorial services including trash disposal, disinfecting tables and chairs, sanitizing floors, dusting, detail vacuuming, and restroom cleaning for clients in corporate-owned facilities, multi-tenant buildings, and retail, healthcare, and industrial manufacturing environments.
FKI has been serving the Greater St. Louis, Missouri metro-area since 2010 with a team of dedicated professionals and long-tenured (average 6+ year) client contracts. The Company is a customer driven organization specializing in janitorial services including building maintenance services, floor finishing and restoration, and construction clean up and prep for clients in office buildings, schools, financial institutions, small business, manufacturing, houses of worship, and medical facilities.
Miracle and FKI marks 4M’s 10th and 11th acquisitions since partnering with O2 Investment Partners in January 2023. Tim M. Murch, 4M CEO, said, “We are looking forward to leveraging 4M’s resources and innovative business practices to be a value-add partner to Miracle and FKI’s customers and team members. Miracle’s team is exceptional and has proven to be a strong cultural fit in the 4M enterprise, and we are excited to continue our growth in Ohio. Additionally, and notably, FKI employs a customer-first model and maintains a strong commitment to excellence, both of which are key values of 4M.”
Mark Heneman at O2 commented, “As the year continues, 4M is excited to continue its pace of add-on acquisitions, strengthening both the brand and reach of the 4M platform. Specifically, we are energized to deepen our roots in Ohio with the acquisition of Miracle and in 4M’s home state of Missouri with the acquisition of FKI. Moreover, 4M will empower Miracle and FKI team members and customers with additional resources including back-office support, systems and processes, and the 4M playbook. We are pleased to welcome Miracle and FKI and their respective team members to the broader 4M platform.”
About Miracle Clean Services
Miracle Clean Services is a provider of commercial janitorial services in Northeast Ohio with a long tenured customer base and variety of end markets. Additional information is available at www.miraclecleanservices.com.
About FKI Cleaning Services
FKI Cleaning Services is a provider of commercial janitorial services in Washington, Missouri with a long-tenured customer base and variety of end markets. Additional information is available at www.fkicleaning.com.
About 4M Building Solutions
Founded in 1978, 4M Building Solutions is a full-service cleaning, janitorial, housekeeping, and disinfection services company headquartered in St. Louis, Mo. The company’s operations span 27 Midwest, Northeast, Southeast, and Western states. More than 7,000 Team Members provide daily environmentally friendly cleaning to 220 million square feet of space in corporate owner-occupied facilities, multi-tenant office buildings, and facilities supporting industrial and manufacturing, logistics, distribution, education, healthcare, and senior living. Additional information is available at www.4-m.com.
About O2 Investment Partners
O2 Investment Partners is a Midwestern-based private equity firm that seeks to acquire majority interests in lower middle market niche services, technology, and select industrial companies. The firm invests in businesses with earnings growth potential and a clear path to the creation of shareholder value. O2 invests with a view toward partnering with management to build and grow the business and take it to its next stage of development. This requires not only a clear vision and strategic plan to create shareholder value, but a close partnership and alignment of interest with management. Additional information is available at www.o2investment.com.
Contacts
O2 Investment Partners
Mark Heneman
[email protected]