Watterson has been acquired by Highview Capital, LLC.


Detroit, MI – CFI USA (P&M Corporate Finance, LLC) is pleased to announce that it served as exclusive financial advisor to Watterson (“the Company”) in a sale transaction with Highview Capital, LLC (“Highview”).

Headquartered in Schaumburg, Illinois, Watterson is a national facility services provider focused on emergency and disaster response, surplus property and facilities management, property redevelopment, and environmental services. Over the last 20 years, Watterson has built a strong base of long-term corporate clients, including leading retail and commercial workspaces brands. Through the Company’s network of more than 1,000 vetted in-house and third-party service providers across the United States and Canada, Watterson has established a reputation for its best-in-class customer service and industry-leading response times.

“I founded Watterson with the goal of providing an unmatched service offering in the facility management space,” said Billy Watterson, Founder of Watterson. “This deal is a reflection of our team’s hard work and how far we’ve come as an established partner of choice to customers across the country. As we enter our next phase of growth, we are thrilled to partner with the Highview team.”

“At Watterson, our vision is to anticipate and respond to our customers’ needs consistently, honestly, and urgently,” said Steve Peldiak, Chief Executive Officer of Watterson. “The Watterson team has unsurpassed experience in our industry, leading with our ethos of doing ‘Whatever it Takes’ to support our Client’s needs. Importantly, the Highview team values this commitment as much as we do and recognizes that it truly differentiates us. We are excited to join forces with a firm whose partnership will enable us to create an even stronger value proposition for our customers.”

“We are extremely impressed with the Watterson management team and their vision to further grow and scale,” said Steve Russell, Senior Portfolio Manager of Highview Capital. “Watterson has demonstrated continued growth due to its best-in-class service and response times, resulting in national recognition from blue chip customers. With extensive experience in the facilities management sector, our team at Highview is well-positioned to support Watterson in its next chapter. We look forward to partnering with the leadership team to invest in the business for the future, including scaling customer relationships, growing national end market and service coverage, and executing on strategic acquisitions.”

The transaction closed on 17 December 2021

 

The testimonials may not be representative of the experience of other clients and are no guarantee of future performance or success.

Related

This transaction was advised by:

Scroll to Top