• No Deal Brexit: Single Market vs Exports of Goods

    No Deal Brexit: Single Market vs Exports of Goods

    By Dean Jefferies, Haines Watts

    The draft legislation recently issued by HMRC, in anticipation of a nodeal Brexit, focuses on measures to reduce friction when clearing goods that enter the UK (or enter another EU member state from the UK).

    Continue Reading
  • European Regulations on Servicing of Documents

    European Regulations on Servicing of Documents

    By Dr Jiri Novák and Jan Sekret, Broz & Sokol & Novák

    Based on the findings of the 2017 regulatory fitness evaluation, the European Commission proposed amendments to both the Regulation on the service of documents and the Regulation on the taking of evidence in civil or commercial matters. On 13 February 2019, the European Parliament (EP) adopted the legislative resolutions on the proposal for regulation amendments at the first reading.

    Continue Reading
  • ‘Netflix tax’ - new cross border rules in Australia

    ‘Netflix tax’ - new cross border rules in Australia

    By Jonathan Ackerman, Kelly + Partners

    Over the last couple of years, the Australian Federal Government has introduced a comprehensive regime to ensure that overseas suppliers apply Australian Goods and Services Tax (GST) to goods and digital products sold to Australian consumers and to online bookings for Australian hotels.

    Continue Reading
  • Why Marketing Planners are Good for Business

    Why Marketing Planners are Good for Business

    By Paul Atkinson, Lawrence Grant, Chartered Accountants

    You could say, “Marketing is like a railway engine – it pulls all the other departmental carriages along!” Every business needs a good marketing plan and, as important as marketing plans are, many companies do not devote enough time or resources to them. Without it, people cannot learn about your business and then buy your services from you.

    Continue Reading

PR 2018 No. 22

XLS Partners advises City Wide Building Services in its sale to NCK Capital

CHICAGO, IL – XLS Partners, Inc., an independent investment banking firm providing M&A advisory, capital raising, and debt advisory services, is pleased to announce that its client, City Wide Building Services has been acquired by NCK Capital.

Founded 50 years ago, City Wide is the premier full-service commercial building maintenance company headquartered in Dallas, Texas. The Company provides B2B services such as high-rise window cleaning, pressure washing, waterproofing, and rooftop anchor inspection. City Wide services approximately 1,500 properties annually, including some of the most well-known addresses in Texas. The Company services commercial, municipal and hospital properties. City Wide is a portfolio company of Boston, Massachusetts private investment firm, Double R Partners.

NCK Capital is a Dallas, Texas based private equity firm that acquires controlling interests in lower middle-market companies. The firm provides capital structures, management incentives, and operational support to its partner companies. NCK Capital seeks to invest in companies operating in business services, niche manufacturing, specialty distribution, for-profit education, and healthcare sectors.

“I really enjoyed working with Anthony,” said Greg Ambrosia, CEO of City Wide. “I found him to have the highest level of integrity and deal savvy, both of which I relied heavily on during the marketing and sale of my business. I would definitely use him again on a future opportunity and recommend him to anyone looking for a trustworthy advisor.”

XLS acted as the exclusive M&A advisor to City Wide and the transaction was led by Anthony Contaldo, Partner. The transaction was completed November 2, 2018 with financing provided by Midwest Mezzanine Funds and Huntington Capital Investment Company.

About XLS Partners
XLS Partners, Inc. is an independent investment banking firm that provides M&A advisory, capital raising, and debt advisory for select clients globally. Middle market companies and private equity funds rely on our creative solutions, thoughtful insight, and truthful advice when considering exiting their companies, making strategic acquisitions, partnering with private equity sponsors, and raising debt or equity capital.

More information is available at www.xlspartners.com.

GGI Logo 70x50px

GGI Geneva Group
International AG

Schaffhauserstrasse 550
P.O. Box 286
8052 Zurich
Switzerland

Contact

T: +41 44 2561818
F: +41 44 2561811
This email address is being protected from spambots. You need JavaScript enabled to view it.
www.ggi.com