W Services Group (“W Services”), a market-leading provider of vendor-managed facility maintenance services to multi-site customers, has received a significant investment from Bessemer Investors LLC (“Bessemer”), a New York-based investment firm. Bessemer has partnered with W Services’ existing management team, including Founder and CEO Matthew Whelan, who will continue leading the Company. Financial terms of the transaction were not disclosed.
Founded in 2009 and headquartered in Hauppauge, NY, W Services provides cleaning, site refresh and remodel, and emergency response services to multi-site customers across North America. With industry-leading technology and a dedicated team of more than 250 employees managing a network of more than 3,000 contractor partners, the Company delivers consistent, high-quality results to a wide base of blue-chip customers across over 10,000 sites in retail, automotive, grocery, foodservice, distribution, and other multi-site end markets. Bessemer’s investment will support W Services during its next phase of growth, both through organic initiatives and strategic M&A.
Bessemer Investors is a New York-based investment firm focused on partnering with middle market businesses to support growth and enhance value creation.
EC M&A acted as exclusive financial advisor to W Services on this transaction.