Leo FM Expands Footprint Through Partnership with RSM Facility Solutions
July 11 2024 - 9:30AM
Business Wire
Leo Facilities Maintenance (“Leo FM”), a facilities maintenance
service provider network backed by Orion Group (“Orion”), announced
today that it has partnered with RSM Facility Solutions (“RSM”), a
leading commercial facilities maintenance provider based in
Paramus, NJ. As Leo FM’s tenth investment in the facilities
maintenance industry, this partnership deepens and expands Leo FM’s
service capabilities for multi-site commercial customers across the
United States and Canada. Leo FM is building a national facilities
maintenance business by partnering with exceptional, founder-owned
businesses and supplying the resources needed to fuel their next
chapter of growth.
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Founded in 1998 by three brothers, Stephen, Rob, and Mike
Sargenti, RSM is a leading service provider that delivers
enterprise-wide solutions for regional & national multi-site
customers as their first call, best resource, and most trusted
solutions partner. RSM employs a team of dedicated customer account
specialists, complemented with subject matter experts across key
trades – including handyman, plumbing, electrical, and HVAC –
committed to understanding and exceeding customer needs. With
decades of expertise in servicing commercial facilities for
national brands and an expansive breadth of service capabilities,
RSM’s team prides itself on delivering the RSM Advantage and on the
long-standing relationships they have built with their clients.
“RSM’s history of delivering the highest quality service
possible has earned it a reputation as a leading facility solutions
company,” said Will Adams, Orion Co-CEO. “This partnership will
enhance the service offering we can bring to existing and new
customers. Orion and the Leo FM team are proud to partner with the
great team at RSM.”
“RSM is extremely enthusiastic about our new partnership with
Orion,” said Stephen Sargenti. “This will give us access to
additional resources, advanced technology, and broader market
reach. The partnership will also enable us to enhance our services
and deliver even greater value to our clients, allowing us to push
the boundaries of what RSM can achieve.”
Stout served as financial advisor to RSM, and Morrison &
Foerster served as legal counsel to Orion.
About Leo FM
Leo FM is a network of expert facilities maintenance companies
offering an expansive range of interior and exterior services,
delivered through a team of high-performance self-perform
technicians and a vetted network of service partners. Key services
include, but are not limited to, handyman, plumbing, electrical,
HVAC, locks, doors, landscaping, snow and paving. With a team of
industry veterans committed to providing excellent quality for all
customers, Leo FM is the trusted single-source provider for
regional and national customers throughout the U.S. and Canada. For
more information, please visit www.leo-fm.com.
About RSM Facility Solutions
RSM Facility Solutions is a leading facilities maintenance
company with expertise in servicing facilities across the U.S.
Through a network of leading technicians and vetted service
partners across the country with decades-long expertise in
providing maintenance and repair solutions, RSM can resolve all
facility needs.
About Orion Group
Orion Group is a commercial and industrial field services
company that invests in and grows market-leading businesses. Orion
is building national businesses in multiple field services sectors
by investing in companies with great cultures, attracting the best
technical and managerial talent, and creating unmatched growth
opportunities for them. For more information, please visit
www.orionservicesgroup.com. Orion is backed by Alpine Investors, a
people-driven private equity firm committed to building enduring
companies by working with, learning from, and developing
exceptional people.
About Alpine
Alpine Investors is a people-driven private equity firm
committed to building enduring companies by working with, learning
from, and developing exceptional people. Alpine specializes in
investments in the software and services industries. Alpine’s
PeopleFirst strategy includes a talent program that allows Alpine
to bring leadership to situations where additional or new
management is needed post-transaction. Alpine has over $17B in
assets under management and has three offices in San Francisco, New
York, and Salt Lake City. For more information, visit
www.alpineinvestors.com.
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For business inquiries, please contact Dan Teti at
dan@orionservicesgroup.com For media inquiries, please contact
Audrey Harris at aharris@alpineinvestors.com