LOS ANGELES AND DES PLAINS, IL–(BUSINESS WIRE) – Partner of Angeles Equity Partners, LLC (“Angeles”) has acquired Data Clean, LLC (“Data Clean”), a provider of specialized contamination control and remediation services for critical environments. Angeles will partner with Data Clean’s previous owners, Richard Hill and Dean Sirakides. They will retain an ownership stake in the company and are focused on executing a buy-and-build strategy in the critical pollution control sector.
Headquartered in Des Plaines, Illinois, Data Clean provides mission-critical contamination control and abatement services for data centers and other telecommunications facilities (through its Data Clean-branded division) and biopharmaceutical and life sciences cleanrooms ( through its Sterile Science brand division). Data Clean services play an essential role in ensuring efficient operations, preventing costly outages and maintaining regulatory compliance in these highly sensitive environments. Backed by its technically skilled workforce, Data Clean provides periodic maintenance and pre- and post-construction decontamination services to a blue-chip client base across the country.
“We believe that Data Clean’s services play a critical role in ensuring optimal performance of the digital infrastructure supporting fast data consumption growth,said Frank Spelman, managing director at Angeles.
“Data Clean is one of the largest and most experienced providers of specialist pollution control in the sectors it serves and Angeles is excited to partner with what we regard as a premier platform to consolidate this highly fragmented sector,,” said Matt Hyvey, Operations Partner at Angeles Operations Group, LLC.
Angeles’ investment in Data Clean stems from its thematic investment focus on differentiated industrial service providers operating in the facilities management space. Through its partnership with Angeles, Data Clean plans to aggressively pursue organic and inorganic growth initiatives to increase its market share.
“The increased scale and complexity of data centers and other critical environments has increased the demand for sophisticated, national pollution control service providers,” said Richard Hill and Dean Sirakides, president of Data Clean and president of Sterile Science, respectively. “Our partnership with Angeles allows us to expand our market– leading service offering along with the growing needs of our customers.”
Simpson Thacher & Bartlett LLP provided legal counsel to Angeles. RSM US LLP provided transaction advisory services to Angeles. Huck Bouma PC provided legal counsel to Data Clean. Cross Keys Capital provided transaction advisory services to Data Clean.
Terms of the acquisition were not disclosed.
On clean data and sterile science
With over 40 years of experience, Data Clean supports thousands of facilities worldwide. Data Clean specifically serves critical environments such as data environments and computer rooms, in addition to laboratories and cleanrooms through its Sterile Science brand division. Data Clean has been setting the standard for critical environment maintenance since 1979. Learn more online at www.dataclean.com and www.sterilescience.com.
About Angeles Equity Partners, LLC
Angeles Equity Partners, LLC is a dedicated lower middle market private equity investment firm with a consistent approach to transforming underperforming industrial businesses. Angeles’ skill set drives the firm’s investment philosophy and, in partnership with Angeles Operations Group, LLC, can help the business reach its full potential. Learn more online at www.angelesequity.com.