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Generational Group Announces a Partnership between Seabreeze Property Services, Inc. and Chenmark Capital Management LLC
By Generational Group
03/01/2016
Generational Group, a leading mergers and acquisitions advisor for privately-held, middle-market businesses, is pleased to announce the partnership of its client, Seabreeze Property Services, Inc. (Seabreeze), headquartered in Portland, Maine, and Chenmark Capital Management LLC (Chenmark), headquartered in Portland, Maine. The partnership was created on September 30, 2015.
Seabreeze offers a year around comprehensive package of property, pavement and landscape services at locations throughout its New England territory.
Its expert services add value to customer properties and coupled with its proven track record, ensures that the work will be handled professionally and reliably. To learn more, visit www.seabreezepropertyservices.com.
Managing Director Doug Smith and Vice President Musa Jagne led the Generational Group deal team that advised Seabreeze on the transaction.
Musa Jagne, who was lead dealmaker, commented, “This partnership combines highly complementary and synergistic management teams.”
“After discussions with numerous suitors, Seabreeze found a partner in Chenmark that shares the same vision and growth aspirations. We are confident that the combined business has a bright future in front of it.”
John Kelly, President of Seabreeze added, “In Chenmark, we have found a partner that will work with us to grow our brand while maintaining the highest standards for our customers.”
Palmer Higgins of Chenmark said, “We spent a long time looking for the right company and management to partner with, and couldn’t be more excited about the future of Seabreeze Property Services.”
“We are eager to help build the company into Maine’s top provider of commercial landscape and snow services over the coming years.”
Chenmark is an investment fund targeted with investing in and managing small operating companies. Learn more by visiting www.chenmarkcapital.com.
About Generational
Generational Group, headquartered in Dallas, TX, is a leading, award winning full-service M&A advisory firm. Generational has over 300 professionals across 16 offices in North America. The firm empowers business owners to unlock the full value of their companies through a comprehensive suite of services—including strategic growth consulting, exit planning education, business valuation, value enhancement strategies, M&A advisory, digital solutions, and wealth management.
Celebrating its 20th year, Generational has successfully closed over 1,700 transactions and has ranked #1 or #2 in all LSEG league tables for deals valued between $25 million and $500 million in 2022, 2023, and 2024.
The firm was named 2024 USA Investment Banking Firm of the Year by the Global M&A Network and recognized as Investment Banking Firm of the Year by The M&A Advisor in both 2024 and 2022.