Here's the Deal
Baird's Investment Banking Group is pleased to announce the following transaction:
Quality Solutions, Inc.
Recapitalization by Gridiron Capital, LLC
Baird served as the exclusive financial advisor to Quality Solutions, Inc. on this transaction
Quality Solutions, Inc. (“QSI” or the “Company”) was recently recapitalized with an investment by Gridiron Capital, LLC (“Gridiron”) in partnership with QSI’s founder and existing management team. Terms of the transaction were not disclosed.
QSI is a premier provider of facility maintenance and related services for retail and foodservice customers in the United States, Canada and Puerto Rico. Through a network of over 23,000 local vendors, QSI provides a range of over 75 trades including electrician, handyman, and HVAC repair to over 9,000 client locations. QSI was founded in 1997 and is based in Wichita, Kansas.
Gridiron is a private equity firm focused on creating value by acquiring and building middle-market manufacturing, service and specialty consumer companies in the United States and Canada. The firm’s principals employ a combination of strategic, operating and financial experience to provide portfolio companies with competitive advantages. Gridiron’s principals work closely with management teams to develop strategies for portfolio companies, as well as providing resources to execute business plans and build industry-leading companies. Gridiron is headquartered in New Canaan, Connecticut.