We are pleased to announce the successful sale of our client, Tomei’s Janitorial Service Inc., located in Aliquippa, PA, to an individual investor. This achievement highlights IAG’s commitment to connecting our clients with the right opportunities—even when facing unique industry challenges.
Celebrating Our Team’s Excellence
A heartfelt congratulations goes out to our exceptional deal makers, Kent Gaudian and Holden Bucker, whose expertise and hard work were instrumental in bringing this referral to market. Notably, this marks Kent’s second deal since the New Year! For further insights into this transaction, please see Kent’s post-closing notes below.
Kent’s Post-Closing Notes
“I met David Tomei in 2020 when he was a prospective buyer of the very first company I represented as a Transaction Advisor for IAG. Because of our relationship, David gave me a call when he started thinking about selling his company. I referred him to Linda Del Campo, and her team brought him on as an IAG client.”
About Tomei’s Janitorial Service Inc. and Beaver Valley Janitorial Supply
Founded in 1979 by David Tomei, Tomei’s Janitorial Service Inc., along with Beaver Valley Janitorial Supply, has built a strong reputation in the Pittsburg, PA market. The company has successfully served clients across a range of sectors with dependable janitorial services and supply solutions. Despite a significant customer concentration—where two financial institutions accounted for 78% of revenue—the company’s legacy and potential have continued to attract discerning buyers.
Addressing Key Challenges
A major hurdle in this transaction was managing the company’s concentrated customer base. However, the buyer, a local resident transitioning into a new career, recognized the value and potential in this well-established business. His local market insight and commitment to growth were key factors in driving this successful acquisition.
The purchase of both the business and the associated real estate was made possible through an SBA Loan, facilitated by a referral to Nicholas Pavlik at Huntington National Bank. This strategic financing approach ensured a smooth transition and set the stage for continued success.
Looking Ahead
At IAG, our mission is to empower our clients and drive success through seamless transactions. The sale of Tomei’s Janitorial Service Inc. reinforces our dedication to fostering meaningful business relationships and providing tailored solutions to meet our clients’ needs.
Contact us today to learn how IAG can help you achieve your business goals.
