Calder Capital is excited to announce the acquisition of Aggressive Cleaning Services of Grand Rapids, MI to a full-service building services company.
Aggressive Cleaning Services is a commercial cleaning service company that provides services such as window cleaning, carpet cleaning, water damage restoration, emergency water extraction, and biohazard cleaning. The Company primarily serves office buildings and medical facilities in the Greater Grand Rapids region and has earned a stellar reputation in the business community.
Aggressive Cleaning Services’ President, Ryan VanderGraaf, bought the company from previous owners in 2014. Since then, the company’s operations steadily grew under his leadership and Ryan had an ever-increasing workload. He wore multiple hats which did not leave him much time to continue developing new business or spend time with his family. In early 2021 Ryan had a conversation with Calder Capital about assisting in the sale of the Company to a buyer that could help take the business to the next level.
In late 2021, Calder’s buy-side team was engaged by a strategic buyer in the building services space to help the company vertically integrate and expand its building service capabilities through acquisition. The buy-side team referenced back to the conversation with Ryan earlier in the year and Aggressive Cleaning Services was one of the first introductions made to the client.
There was a clear opportunity for Calder’s client to expand their presence in West Michigan, especially with Aggressive Cleaning Services’ expertise in medical facilities. Ryan was receptive to the idea of a partnership and the parties were able to finalize the deal in approximately three months. With the partnership, Ryan will now have the ability to purchase more equipment, build his fleet of service vehicles, and hire managers and employees. It will allow him to focus on developing business, bid on larger commercial cleaning contracts, and spend more time with family.
“It was great working with both parties to reach a mutually-beneficial transaction,” says Calder Capital associate Parker Schaap. “Our client had a clear target of what they were looking for and we delivered. Ryan will now be able to work on the business instead of in the business. I am excited to see the two companies grow together in this partnership.”
Calder Capital, LLC served as the exclusive Mergers & Acquisitions Advisors to the strategic buyer.
The terms of the transaction were not disclosed.
