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CCMP Sells BGIS to Veritas, Fueling PE Interest

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The Wire carries a weekly companies‑for‑sale update featuring a Canadian facilities‑management firm sold to Veritas Capital. The transaction follows CCMP’s earlier sale of BGIS, a global facilities‑management platform, to the same buyer. The deal illustrates the continued interest of private‑equity investors in building‑products and facilities‑management assets.

Daniel MacDonald—a director in BGL’s building‑products practice—provides commentary on the market. He notes that firms such as Carlyle & Associates and Truelink Capital Partners are actively pursuing opportunities in building‑products. Their focus is on companies that can deliver stable cash flows and scale through operational improvements.

The article highlights that the market for building‑products and facilities‑management companies remains robust, with several high‑profile deals announced in the past quarter. The combination of strategic buyers and private‑equity interest is driving valuations and creating a competitive bidding environment. Investors looking for exposure to the sector should monitor upcoming auctions and the guidance from industry experts.