Deloitte Corporate Finance acted as the exclusive financial advisor to KLMK Group, a portfolio company of Azalea Capital in its sale to CBRE Group. The transaction is expected to strengthen the combined organization’s leading position in the healthcare facilities project management market.
“DCF’s deep knowledge and experience with middle-market businesses and strategic transactions enabled KLMK to accomplish the goals of management and Azalea Capital. We are excited to join the CBRE organization, and DCF was instrumental in finding a partner we believe will help us continue to grow in the future,” said John Kemper, CEO of KLMK Group, Inc.
KLMK is a globally recognized specialty consulting firm focused on delivering comprehensive facility solutions exclusively to healthcare systems.
Los Angeles-based CBRE Group, a Fortune 500 and S&P 500 company, is one of the world’s largest commercial real estate services and investment firms.
Greenville, SC-based Azalea Capital is a private equity firm.