PROVIDENCE – Troutman Pepper Locke advised Nautic Partners, LLC, on the sale of its portfolio company HES Facilities Management (HES), one of the nation’s leading providers of janitorial, facilities management, and groundskeeping services to educational institutions and commercial customers, to GI Partners. For more information, see the press release.
HES was founded in 2020 by Nautic Partners and management and quickly became a leading facilities management provider in the education market. HES is known for its high service quality and deep expertise, helping schools and universities maintain safe, clean, and well-managed learning environments.
The Troutman Pepper Locke team that advised Nautic Partners was led by Mike Newquist and Nicole Chakraborty and included Jim Cavanagh, Peter Wynacht, and Michaela Conley.
Consistently recognized as a top-tier practice, Troutman Pepper Locke’s Private Equity and Investment Funds Group regularly handles middle market transactions for private equity clients alongside strategic deals for Fortune 100 corporations. Core areas of service include mergers and acquisitions, corporate finance, corporate governance, securities laws compliance, capital markets transactions, and other significant domestic and cross-border transactions, as well as general corporate counseling. The firm has a strong focus in the private equity and private fund services space, advising clients on matters including fund formation, growth equity investments, leveraged buyouts, recapitalizations, and exit transactions.
Troutman Pepper Locke
Troutman Pepper Locke helps clients solve complex legal challenges and achieve their business goals in an ever-changing global economy. With more than 1,600 attorneys in 30+ offices, the firm serves clients in all major industry sectors, with particular depth in energy, financial services, health care and life sciences, insurance and reinsurance, private equity, and real estate. Learn more at troutman.com.