Capstone Partners advised South Coast Facility Services, Inc. on its sale to Service Logic, a portfolio company of Leonard Green & Partners, L.P.
South Coast Facility Services (SCFS), operating out of Anaheim California, is a full-service contractor that designs and installs HVAC equipment, delivers energy services, and provides process piping and direct digital control systems. SCFS delivers turnkey solutions to a longstanding customer base of property managers, businesses, building owners, and developers across the western U.S. Trusted by names like Johnson & Johnson, 3M, and Tesla, South Coast’s focus on innovation, collaboration, and continual improvement has helped them record double-digit revenue growth in the past several years and primed them to pursue further growth with the Service Logic team.
James Reynolds, Co-Founder, South Coast Facility Services, said
"Over the past 15+ years, we have enjoyed significant success and are thrilled to now be part of Service Logic. Capstone helped us successfully navigate a very complex undertaking and we are very appreciative of their support. They helped drive a successful outcome for both parties."
Ted Polk, Managing Director at Capstone Partners, noted
“With the availability of high-quality independent players like SCFS in the HVAC Services market, sector consolidation remains steady. We think Service Logic could not have picked a better partner for its expansion into Southern California and we look forward to witnessing its growth in this market”