Veritas Capital has agreed to acquire BGIS, a Markham, Ontario‑based facilities management services firm. The sellers are CCMP Capital Advisors and Alberta Investment Management Corporation. CEO Gord Hicks and the BGIS management team will remain in charge, ensuring continuity for clients. The transaction is expected to close in the fourth quarter of 2026. Globally, BGIS manages over 65,000 facilities, providing a broad platform for Veritas to expand its footprint in the facilities management sector. The deal positions Veritas to deepen its presence in North America and leverage BGIS’s expertise in technology‑driven solutions. Stakeholders anticipate that the combined entity will deliver enhanced value to clients through integrated services and improved operational efficiency. The acquisition aligns with Veritas’s strategy of investing in high‑growth, service‑oriented businesses that benefit from economies of scale and cross‑border synergies.

BGIS’s portfolio spans commercial real estate, data centers, government, and institutional facilities, making it a versatile partner for Veritas’s portfolio of software and consulting businesses. The transaction is a strategic move to capture synergies in digital infrastructure, sustainability initiatives, and data analytics. Both parties have outlined a post‑merger integration plan focused on technology alignment, workforce retention, and client communication. Veritas expects the acquisition to accelerate its growth trajectory and deliver superior returns to investors.