Warburg Pincus to Acquire Sweeping Corp of America
November 3, 2020
Cleary Gottlieb is representing Warburg Pincus LLC (Warburg Pincus) in its acquisition of Sweeping Corp of America (SCA) from Soundcore Capital Partners.
Headquartered in Cleveland, Ohio, SCA is the largest power sweeping services company in the United States. SCA self-performs power sweeping for highways, streets, industrial, and commercial applications for both private and government entities.
Warburg Pincus is a leading global private equity firm focused on growth investing. The firm has more than $56 billion in private equity assets under management. Its active portfolio of more than 190 companies is highly diversified by stage, sector, and geography. Founded in 1966, Warburg Pincus has raised 19 private equity funds, which have invested more than $86 billion in over 910 companies in more than 40 countries. The firm is headquartered in New York with offices in Amsterdam, Beijing, Berlin, Hong Kong, Houston, London, Luxembourg, Mumbai, Mauritius, San Francisco, São Paulo, Shanghai, and Singapore.
For more information, please see the press release here.