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Category: Press Releases

SWEEPING CORPORATION OF AMERICA ANNOUNCES FOUR ACQUISITIONS

Acquisitions Expand SCA’s National Footprint and Advance Company’s Market-Leading Position

December 15, 2020 (Cleveland, Ohio) – Sweeping Corporation of America (“SCA”), the largest power sweeping company in the United States, is pleased to announce four additional acquisitions in 2020, including Total Asphalt Services, Clean Sweep, Buckeye Sweeping, and US Sweeping (collectively, the “Acquisitions”). The Acquisitions complement and strengthen a robust portfolio of street sweeping services, while broadening SCA’s customer base in key markets. Terms of the transactions were not disclosed.
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Sweeping Corp of America Announces Investment from Warburg Pincus

Warburg Pincus brings strong outsourced services experience and a global network to support growth acceleration and strategic acquisitions

CLEVELAND, Nov. 3, 2020 /PRNewswire/ — Sweeping Corp of America (“SCA”), the largest power sweeping company in the United States, today announced that Warburg Pincus, a leading global private equity firm focused on growth investing, has entered into an agreement to acquire the company from the previous investor, Soundcore Capital Partners. Financial terms of the transaction were not disclosed. The investment will allow SCA to accelerate its sales and marketing efforts and help the company identify strategic relationships and acquisition opportunities.
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SCA Sweeping Corporation of America buys Sweeping South and Accusweep in South Carolina

August 3, 2020 (Cleveland, Ohio) – SCA Sweeping Corporation of America (“SCA”), the largest power sweeping company in the United States, has acquired Moncks Corner, SC based Sweeping South, Inc. (“Sweeping South”) and Columbia, SC based Accusweep Services, Inc. (“Accusweep”). With these transactions, SCA now has over 1,000 employees in its 35 locations throughout the eastern half of the United States. Read More

SCA Acquires Contract Sweepers & Equipment Company

CLEVELAND, January 27, 2020 (Newswire.com) – SCA Sweeping Corporation of America (“SCA”), the largest self-performing power sweeping company in the United States, has acquired Columbus, OH-based Contract Sweepers & Equipment Company (“CSE”). This acquisition adds 105 customer-focused associates and 110 frontline trucks in Columbus, Cincinnati, and Dayton, OH, as well as Huntington,WV.Read More

SCA Secures New Credit Facility, Well Positioned for Continued Growth

CLEVELAND, June 28, 2019 (Newswire.com) – Sweeping Corporation of America (“SCA”), a Soundcore Capital Partners portfolio company, announced that it has recently entered into a $106,000,000 credit facility led by PineBridge Private Credit (“PineBridge”). PineBridge served as the sole lead arranger and administrative agent for the facility, which will provide support for upcoming add-on acquisitions and growth initiatives.Read More

SCA Acquires USA Services of Florida, Inc. and Hy-Tech Property Services, Inc.

June 15, 2018 (Cleveland, OH) – SCA Sweeping Corporation of America (“SCA”), the largest self-performing power sweeping company in the United States, has acquired Longwood, FL based USA Services of Florida, Inc. (“USA”) and Midlothian, VA based sweeping business of Hy-Tech Property Services, Inc. (“Hy-Tech”). With these transactions, SCA now has 835 customer-focused employees in 34 locations throughout the eastern-half of the United States.Read More

Comerica Has Provided a $60,000,000 Credit Facility to Sweeping Corporation of America

February 8, 2018 (Cleveland, OH) – Soundcore Capital Partners’ portfolio company, Sweeping Corporation of America, Inc. (“SCA” or “Sweeping Corp.”), announced that it has entered into a $60,000,000 credit facility with Comerica Incorporated (“Comerica”). Comerica served as the sole lead arranger and administrative agent for the facility which will support upcoming add-on acquisitions and growth initiatives of the business.Read More

PE-Backed Sweeping Corp Buys Reilly Sweeping

August 8, 2017 (Cleveland, OH) – Soundcore Capital Partners, LLC (“Soundcore” or “the Firm”), a control oriented, New York-based private equity firm that invests in lower middle market businesses, announced today that its portfolio company Sweeping Corporation of America, Inc. (“Sweeping Corp.” or “SCA”) has completed the acquisition, in partnership with management, of Reilly Sweeping, Inc. (“Reilly Sweeping,” “RSI,” or “the Company”), marking the Firm’s largest investment to date.Read More

Soundcore-Backed SCA Acquires Sky Sweeping

April 12, 2017 (New York) – Soundcore Capital Partners, LLC (“Soundcore” or “Soundcore Capital”), a control-oriented, New York-based private equity firm that invests in lower middle market businesses, announced today that its portfolio company Sweeping Corporation of America, Inc. (“Sweeping Corp.” or “SCA”) has completed the acquisition, in partnership with management, of Sky Sweeping, LLC (“Sky Sweeping”, “Sky” or “the Company”). Sky Sweeping is Soundcore’s second add-on acquisition to the Sweeping Corp. platform, and the firm’s fourth acquisition of 2017. Terms of the transaction were not disclosed.Read More

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