Gridiron Capital Sells QSI To Cushman & Wakefield
New Canaan-based Gridiron Capital has sold Quality Solutions, Inc. to Cushman & Wakefield. QSI is a facilities management provider. Gridiron originally invested in QSI in early 2012.
Gridiron Capital Co-Founder and Managing Partner Tom Burger said, “We have enjoyed partnering with the QSI management team the past six years and are proud of their significant growth, the platform capabilities they have built, and their success in becoming an industry leader. Cushman & Wakefield is acquiring a great business with capabilities among the best in the industry. We are grateful for the trust QSI’s founder had in us to reinvest back into the business and continue his involvement with us as a Director on the Board of QSI.”
Scott Harrison, Managing Director of Gridiron Capital and Board member of QSI, added, “We are fortunate to have worked with such a strong and capable team at QSI and are proud of the success they have achieved. We have enjoyed building a strong partnership with this management team, and we look forward to QSI continuing its growth trajectory as an industry-leading provider of facilities management solutions with Cushman & Wakefield.”
The acquisition of QSI is expected to close in the first quarter of 2019.