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Sweeping Corporation Of America Acquires Central Valley Sweeping And Vacusweep

Jul 20, 2022•over 3 years ago

Acquiring Company

Central Valley Sweeping And Vacusweep

Acquired Company

Central Valley Sweeping And Vacusweep

Science And EngineeringReal EstateCommerce And ShoppingScience And EngineeringReal EstateCommerce And ShoppingScience And EngineeringReal EstateCommerce And Shopping

Description

Sweeping Corporation of America ("SCA"), the largest power sweeping company in the United States, acquired Central Valley Sweeping, LLC and Vacusweep, LLC. (collectively "the Companies"). The Companies, located in Visalia and Bakersfield, California, provide sweeping services to commercial customers, contractors, government entities and property management companies throughout the state. Terms of the transaction were not disclosed.

Company Information

Company

Central Valley Sweeping And Vacusweep

Location

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About

Central Valley Sweeping (CVS) and Vacusweep, founded by Bill and Joanne Bawks, have been in business for over 30 years. They are currently owned and led by Matt Bawks and Christy Bawks, the second generation of the Bawks family in the industry, providing sweeping services to commercial customers, contractors, government entities, and property management companies throughout the state of California. CVS's and Vacusweep's missions are to provide quality professional cleaning and industrial sweeping services to meet their customers unique needs.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed