Advised on Sale of CompanyBusiness Services
Acquired 100% of Business Operations
Capstone Partners advised Next-Gen Supply Group (Next-Gen) on its sale to Envoy Solutions, a subsidiary company of FEMSA.
For nearly 85 years, Next-Gen Supply Group and its legacy companies have been manufacturing and distributing janitorial solutions throughout the Northeast. With locations in Mansfield, Massachusetts and Orange, Connecticut, they are leaders in providing value-added products and services to a wide array of customers. With their state-of-the-art distribution centers, equipment repair operation, and chemical manufacturing facility, they quickly became a regional powerhouse in the Jan San industry.
Next-Gen is the latest in a series of companies joining Envoy Solutions’ growing portfolio. Next-Gen’s expansive fleet of trucks serves more than 2,300 customers throughout the Northeast and the strategic sale will facilitate Envoy’s expansion to employ more than 2,400 associates, operate 45 distribution centers, and support more than 54,000 customers.
Envoy Solutions, a diversified distribution company for janitorial supply, packaging solutions, and specialty products, helps businesses thrive through a multifaceted approach to making buildings cleaner and people safer, every day. Their wide array of essential products are improving safety, sustainability, and the quality of life at schools, hospitals, offices, and other institutions.
Based in Glenview, Ill., Envoy Solutions is the parent company of North American Corporation, WAXIE Sanitary Supply, Southeastern Paper Group, Daycon, PJP, and NVISION.