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Caltius Equity completes sale of Impact Facility Services

Caltius Equity Partners has sold its equity interest in Impact Facility Services to Boston-based Audax Private Equity.

Impact is Caltius Equity’s third investment in the facilities services sector.
Impact is a provider of integrated fire and life safety services, including complementary self-perform and vendor-managed operations. During its ownership, Caltius Equity partnered with Impact’s management to expand operations through three strategic acquisitions, build a management team, and invest in technology to drive efficiencies and increase the company’s growth trajectory.
“Caltius Equity has been an excellent advisor and partner,” says Mike Lloyd, CEO of Impact. “They understood our vision of creating a strong, service-focused fire and life safety services provider with multiple avenues of growth. Their strategic guidance and support helped us achieve significant growth over the past five years.”
“The Impact team generated impressive revenue and profitability growth during our investment period, and the company is well-positioned for the future,” says Michael Morgan, managing director at Caltius Equity. “We are confident that Mike Lloyd and his team will excel partnering with Audax, and we wish them continued success.”
Lincoln International and Sheppard Mullin Richter & Hampton acted as financial adviser and legal counsel to the sellers, respectively.

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