Deloitte Corporate Finance LLC Advises KLMK Group, Inc. in its Sale to CBRE Group, Inc.
CHARLOTTE, N.C., Dec. 13, 2013 – Deloitte Corporate Finance LLC(“DCF”) acted as the exclusive financial advisor to KLMK Group, Inc. (“KLMK”), a portfolio company of Azalea Capital (“Azalea”) in its sale to CBRE Group, Inc. (“CBRE”). KLMK is a leading provider of facility consulting, project advisory and facility activation solutions to the healthcare industry. 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, chief executive officer of KLMK Group, Inc.
KLMK is a globally recognized specialty consulting firm focused on delivering comprehensive facility solutions exclusively to healthcare systems. The company’s experienced and multidisciplinary professionals provide independent, objective, and professional consulting, project management, and facility activation services to healthcare system owners involved in the development of new hospitals and medical office buildings, as well as extensive facility renovations. KLMK offers these organizations trusted, experienced advisors who can deliver and execute a structured capital project delivery process on time and within budget. For more information, visit www.klmkgroup.com.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2012 revenue). The Company has approximately 37,000 employees (excluding affiliates), and serves real estate owners, investors, and occupiers through more than 300 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facility, and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. For more information about the company, visit www.cbre.com.
Azalea Capital is a private equity firm headquartered in Greenville, SC. Azalea invests equity capital in lower middle-market companies throughout the Southeastern United States with annual revenues up to $100 million, facilitating management buyouts, business recapitalizations, and growth plans. For more information about the company, visit www.azaleacapital.com.
Deloitte Corporate Finance LLC, a FINRA-registered broker-dealer and wholly-owned subsidiary of Deloitte Financial Advisory Services LLP, provides deal execution and lead financial advisory services to large corporate, middle market, and private equity firms. Deloitte Corporate Finance has access to the resources of the Corporate Finance Advisory practices of the member firms within the Deloitte Touche Tohmatsu Limited network of member firms, and their affiliates. Together with Deloitte Corporate Finance, these practices include in excess of 1,600 professionals, working collaboratively across 150 international locations. For more information, visit www.investmentbanking.deloitte.com.
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