[ad_1]
Chick-fil-A Board Member – Dale Jones, Vanderbilt Trustee – George Huber, Ritz Carlton Founder – Horst Schulze and Other High-Profile Executives Are Investors
ATLANTA, February 15, 2022– (BUSINESS WIRE) – Atlanta-based Garden City Companies with Chick-fil-A Board Director – Dale Jones, Vanderbilt University Trustee – George Huber, Clayton Family Office President – Flynt Griffin, music artist – Chris Tomlin, Athlete and Entrepreneur – Drew Brees and CEO of Ashley HomeStore DSG – Chad Spencer among its investors, acquired Duncan & Sons Building Maintenance, the commercial cleaning and facility maintenance company Knoxville’s best scores.
This press release includes multimedia. See the full press release here: https://www.businesswire.com/news/home/20220215005185/en/
Knoxville, Tennessee-based Duncan & Sons team members celebrate the company’s new partnership with Atlanta-based Garden City companies.
Garden City intends to expand Duncan & Sons ’services further across Tennessee and the wider Southeast. Based in Knoxville, Tennessee, the family business has been in the East Tennessee market for over 30 years.
“The Duncan standard has always been to serve the people. From our cleaners to executive management, everyone is proud to lead with a server heart,” said Luke Duncan, CEO of Duncan & Sons. “With the investment of Garden City, we are now equipped to further our mission and better serve our customers in manufacturing, logistics, health, education, offices and churches with the best cleaning service in the industry.”
“We couldn’t be more excited to join the Duncan & Sons family in continuing to build an employee-centered culture where all employees can thrive,” said Michael Arrieta, founder and CEO of Garden City Companies. “Our intention is to continue to foster a culture of care through unparalleled customer service and deep care for our team members.”
According to Arrieta, Garden City has no intention of ever selling the company. “We are not like the traditional private capital that buys and changes companies in a few years. We buy big business to impact people’s lives and create lasting businesses through culture and technology,” he said.
“The concierge business is an often overlooked industry where quality service makes a difference,” said Arrieta. “There is no better cleaning company in the region than Duncan & Sons, and we are thrilled to share its quality and culture with many more.”
“Excellent service is a real differentiating factor in any industry, but especially in the cleaning space,” said Chick-fil-A board director Dale Jones. “For decades, Duncan & Sons has cleaned up with exceptional care, attention to detail and professionalism. Together with Garden City, we are excited that many more will experience the level of service we offer.”
Vanderbilt University trustee and Equity Investment Group CEO George Huber agrees. “Duncan and Sons is a trusted family business that has been providing quality service for over 30 years. Garden City’s buying and retention model allows us to make long-term investments to ensure that the business thrives for another 30 years.” .
In addition to concierge businesses, Garden City is looking to acquire other small and medium-sized businesses in the southeast from homeowners who are actively looking for a succession or liquidity plan. Inspired by Berkshire Hathaway’s Warren Buffett, the company keeps the acquisition process simple with a 90-day process, using little or no debt and keeping management teams in place.
“As a local Tennessee business owner, I wholeheartedly believe in the Garden City purpose-oriented model where people are most important. I believe that purpose-oriented team members always create happy customers and , in short, an unparalleled experience, “said Chad Spencer. CEO of Ashley HomeStore DSG. “I’m excited to help scale this business in the great state of Tennessee,” he said.
For more information, visit gardencityequity.com.
About Garden City businesses:
Based in Atlanta, Garden City Companies is a purposeful holding company that acquires and permanently maintains family businesses owned by business owners seeking a succession or liquidity plan, inspired by Warren Buffet to build the Berkshire Hathaway Small and Medium Business. . , Garden City ‘s mission is to build the best holding company in the world where all workers thrive. The company uses minimal debt and keeps management teams in place. Garden City raised more than $ 50 million in mission-aligned and value-added investors who are committed to helping grow the business.
View the source version on businesswire.com: https://www.businesswire.com/news/home/20220215005185/ca/
Contacts
Joy Isall
joy@joingardencity.com