|Mark S. Reinhart, Award founder and sales manager, watches his book of business grow with each addition to the Grand Rapids skyline.|
Owner sells window-cleaning company: The owner of a local window-cleaning company has sold his operation to pursue other business ambitions. Award Window Cleaning Services has acquired Blue Sky Window Cleaners. Both companies are based in Grand Rapids and provide residential and commercial window cleaning services in West Michigan. Terms of the deal, which was announced today, were not disclosed.
Nate Wood founded Blue Sky Window Cleaners in 2009. Since that time, he has grown the company to multiple crews. “It’s been a great ride, and I’ve had a lot of fun building my company,” Wood said. “But now it’s time to move on.”
Wood said Mark Reinhart, president and CEO of Award Window Cleaning Services, has a “great business” with an “excellent reputation.” “I’m certain my customers and employees will be treated very well,” Wood said.
Reinhart, who has 25 years of experience in the window-cleaning industry, said customers of Blue Sky can count on the same “high-quality work” and “positive attitude” they’ve come to expect from Blue Sky.
Wood will continue to guide the company through the transition. Calder Capital of Grand Rapids sourced the buyer and brokered the sale. Max Friar, managing partner of Calder Capital, said he has seen an increased level of interest in business acquisitions during the early spring months of 2016. “Many individual and strategic buyers are actively seeking to acquire small service, distribution and manufacturing companies in West Michigan,” Friar said.
He noted lending conditions and the strength of the local economy make this “a great time to buy.” Friar also said the transaction between Award and Blue Sky typifies a trend in the marketplace: established buyers acquiring small businesses where non-retirement age owners are seeking a new path in life.