Queen Saenz + Schutz PLLC (“QS+S”) represented Blue Sage Capital (“Blue Sage”) in its investment in Clean Team, LLC (“Clean Team”), a provider of commercial janitorial and facilities-cleaning services headquartered in Toledo, Ohio. The transaction represents a new strategic partnership between Blue Sage and Clean Team’s founder and CEO, Bob Armbruster, who will continue to lead Clean Team and retain majority ownership.
Founded in 1996, Clean Team has grown into a scaled regional platform, operating 18 branches across 13 states and serving a diversified base of commercial, healthcare, industrial, and education clients. The investment provides Clean Team with growth capital and an institutional partner to support its continued organic expansion and disciplined acquisition strategy.
As part of the firm’s role in the transaction, QS+S also advised on a new credit facility with Capital One, National Association and Fifth Third Bank, National Association to support Clean Team’s continued growth.
More information on the transaction can be found here.