Lovell Minnick Invests in Worldwide Facilities in California
Los Angeles, Calif.-based Worldwide Facilities LLC has received a large investment from private equity firm Lovell Minnick Partners.
Following the deal Worldwide Facilities will continue to be majority-owned by its employees. The terms were not disclosed.
Waller Helms Advisors LLC served as financial advisor, and Musick, Peeler & Garrett LLP acted as legal counsel to Worldwide Facilities. Keefe, Bruyette & Woods Inc. served as financial advisor, and Kirkland & Ellis LLP served as legal counsel to Lovell Minnick Partners.
Lovell Minnick Partners is a private equity firm focused on the financial and related business services sectors.