BGIS
Markham, Ontario, Canada
FUND
CCMP III, CCMP III CV
ORIGINAL INVESTMENT
2019, 2022
STATUS
Realized, Current
Partnered with a strong management team to drive growth through continued service line expansion, sustainability focused innovation, penetration of underrepresented geographies and accretive acquisitions.
CCMP invested in BGIS, a leading provider of integrated facilities management (“IFM”) services, in 2019. BGIS provides customized facility management services, project delivery services, energy and sustainability solutions, building performance management, workplace advisory and management and real estate services to commercial clients globally.
CEO Corner
Gordon Hicks, CEO
"BGIS has developed into a world class IFM provider by always putting our customers and communities first, constantly innovating and searching for opportunities to create value for all stakeholders, and implementing sustainable operating practices that contribute to a better world. CCMP has been an outstanding partner, helping us accelerate our growth through M&A and investments in people & technology while staying true to this mission."
Opportunity and Why CCMP
- Deep and talented management team with a proven track record
- Award winning sustainability offering and integrated service model provides outstanding customer value proposition
- Continued outsourcing growth in a large, recession-resilient market
- Significant opportunity to drive growth in underpenetrated geographies
- Ability to accelerate pace of M&A to broaden capabilities, services and geographic reach
Value Creation
- Leveraged differentiated IFM offering to rapidly grow with new and existing customers across all markets
- Expanded IoT-linked service offering driving cost savings for customers
- Recruited key leaders in Australia and the U.K. and increased -integration with North American operations
- Significantly accelerated pace of tuck-in acquisitions with CCMP assistance
Results
- Significant revenue and EBITDA growth during CCMP’s ownership
- Recapitalization with CCMP-sponsored continuation vehicle in 2022
These endorsements are provided by certain current and former executive officers of portfolio companies that are or were previously owned by certain investment vehicles advised by CCMP Growth and CCMP Capital. None of the executive officers were directly compensated for providing these endorsements. However, as a result of the ownership structure of these portfolio companies and the controlling interest held by the funds advised by CCMP Growth and CCMP Capital, a conflict of interest exists because the executive officers have an incentive to make positive statements about CCMP Growth and/or CCMP Capital and their experiences with CCMP Growth and/or CCMP Capital to maintain the goodwill with CCMP Growth. Please refer to Terms of Use and Disclaimers for important information about CCMP Capital Advisors, LP and CCMP Growth Advisors, LP.
For illustrative purposes only. There can be no assurance any such value creation plan will ultimately be achieved as described herein. Certain statements herein reflect the subjective views and opinions of CCMP Growth and its personnel. Such statements cannot be independently verified and are subject to change. Please refer to Terms of Use and Disclaimers for important information about CCMP Capital Advisors, LP and CCMP Growth Advisors, LP. A complete list of CCMP Capital Advisors, LP investments is available on its website.
