Brookfield GIS to acquire facility manager McKinstry FMS

Brookfield Global Integrated Solutions has agreed to buy McKinstry FMS, a U.S. critical environment facility management business. No financial terms were disclosed for the acquisition, which is expected to close in August. As part of the deal, McKinstry FMS’s parent company, McKinstry, will take a minority stake in the American operations of Brookfield GIS. Headquartered in Markham, Ontario, Brookfield GIS is a real estate facility management services provider. It was one of the first investments of the fourth private equity fund of Brookfield Asset Management. Brookfield Capital Partners IV closed earlier this month at US$4 billion.

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