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June 2026
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Largest Business Services Public Companies
Benchmark revenue and EBITDA valuation multiples for public comps like
Madison Air, Rentokil Initial, Aramark, Sodexo and Elis.
 | Madison Air Solutions Corp is an HVAC and indoor air-quality technology company. Its segments are Commercial and Residential. It generates the majority of its revenue from the Commercial segment, which includes Commercial businesses that deliver well-engineered, custom, and semi-custom air quality systems to support process control, regulatory compliance, energy efficiency, and productivity in mission-critical environments; and the Residential segment, anchored by trusted brands like AprilAire, Broan-NuTone, Zephyr, and Others. Its geographic areas are the U.S, the Americas, Europe, and Other. The group generates the majority of its revenue from the U.S market. | $43 | -- | $22B | $27B | 7.7x | 30.5x | ||
 | Rentokil Initial is the largest global provider of route-based pest control and commercial hygiene services, operating in 89 countries, with its largest operations in the United States following the acquisition of Terminix. The group also offers a range of specialist route-based services, including office and commercial space plant care, property care, and workwear rentals. The group serves a diverse client base of global food producers, hotel chains, industrial goods companies, restaurants, and individual residential customers. | $6 | +24% | $15B | $18B | 2.7x | 12.4x | ||
| Aramark, founded in 1936 and headquartered in Philadelphia, Pennsylvania, operates as a food service company providing facility management and workplace solutions. The company primarily generates revenue from its North American food and support services segment, serving various clients, including schools, healthcare facilities, and entertainment venues. | $53 | +27% | $14B | $20B | 1.1x | 14.5x | ||
 | Sodexo is one of the largest food service companies globally, operating in 45 countries with annual sales exceeding EUR 20 billion. Sodexo's model rests on operating on-premises catering facilities, rather than centralized industrial kitchens. Food services remain the largest business segment, contributing 66% of revenue in 2024. Sodexo has its own group purchasing organization, or GPO, Entegra, with annual purchasing of over EUR 37 billion. The company spun off its benefits and service business, Pluxee, and now focuses on food services and its second business, facilities-management services. | $58 | -4% | $8B | $13B | 0.5x | 7.2x | ||
| Elis SA provides multiservice solutions to various end markets including the hospitality, healthcare, and commerce industries. The company’s products and services include providing flat linen, workwear, hygiene products, and well-being services. The company operates in various countries across Europe and Latin America, with a majority of revenue stemming from France. | $30 | +7% | $7B | $11B | 2.0x | 5.6x | ||
 | ISS AS is a provider of workplace and facility service solutions with a focus on cleaning, property, catering, support, security, and facility management. It has four segments: Financial services, Professional services, Technology, and Life sciences. Its core services offered to customers consist of cleaning, food, technical, and workplace services. Revenue is mainly generated in European end markets, with the majority earned in the United Kingdom. | $39 | +44% | $6B | $8B | 0.6x | 9.1x | ||
| Alliance Laundry Holdings Inc is designer and manufacturer of commercial laundry systems, serving diverse international markets. The company offers premium, durable laundry equipment under brands like Speed Queen, UniMac, Huebsch, Primus, IPSO, and others. It serves commercial laundry needs across healthcare, hotels, laundromats, and residential markets. | $25 | -- | $5B | $7B | 4.0x | 15.5x | ||
| UniFirst Corp provides uniform and workwear programs, facility management, and safety supplies and services across North America. It designs, manufactures, rents, cleans, and sells uniforms and protective clothing, including flame-resistant and high-visibility garments. It also offers industrial wiping products, floor mats, cleaning supplies, first aid cabinets, and fire protection services such as inspection and maintenance. Serving various industries, the company provides customized uniforms and specialized cleaning for nuclear and cleanroom facilities. It operates through three segments: Uniform & Facility Service Solutions, First Aid & Safety Solutions, and Other, with the majority of revenue from Uniform & Facility Service Solutions. | $271 | +44% | $5B | $5B | 2.0x | 14.3x | ||
 | Wuchan Zhongda Group Co Ltd is engaged in industrial investment, equity investment, asset management, investment management, management consulting, information consulting services. It is also engaged in car sales and leasing, e-commerce technology services, used car transactions and services. | $1 | -- | $4B | $8B | 0.1x | 5.2x | ||
| Brookfield Business Partners LP is a business services and industrials company. It focused on operating businesses that are either low-cost producers and benefit from high barriers to entry. The company's operating segment includes Business services; Infrastructure services; Industrials and Corporate and other. It generates maximum revenue from the Business Services segment. Geographically operates in USA, Europe, Australia, Brazil, Canada, UK, Mexico and Other, majority of revenue is from UK. | $33 | -- | $3B | $30B | - | - | ||
| MITIE Group PLC is a U.K.-based company. The company's reportable segments include Technical services, Business services, Central Government & Defence, Communities, and Corporate Centre. The company generates the majority of its revenue from the technical services and business services segments. Geographically, the company generates a majority of its revenue from the United Kingdom. | $2 | +24% | $3B | $4B | 0.5x | 9.8x | ||
| ABM Industries Inc is a provider of integrated facility solutions. It offers its solutions through five segments: Business and Industry, Manufacturing and Distribution, Education, Aviation and Technical solutions. The company derives the majority of its revenue from the business and industry segment, which encompasses janitorial, facilities engineering, and parking services for commercial real estate properties and sports and entertainment venues, hospitals, as well as vehicle maintenance and other services to rental car providers. The company mainly operates in the United States of America. | $40 | -16% | $2B | $4B | 0.5x | 8.0x | ||
 | Badger Infrastructure Solutions Ltd is North America's provider of non-destructive excavating and related services, with operations in both the United States and Canada. Its key technology is the Badger Hydrovac, which is used predominantly for safe excavation around critical infrastructure and in congested underground conditions. The Badger Hydrovac uses a pressurized water stream to liquefy the soil cover, which is then removed with a powerful vacuum system and deposited into a storage tank. The company manufactures and designs its truck-mounted hydrovac units into its existing and future design and manufacturing processes. Badger’s two reportable segments are Canada and the United States, which is the key revenue generating market. | $65 | -- | $2B | $2B | 3.0x | 12.5x | ||
 | GPS Participacoes E Empreendimentos SA is engaged in the provision of property security services, sanitation and cleaning services, indoor logistics services, electronic security services, implementation, operation and building maintenance, maritime hotel services on oil platforms, kitchen services and meal sales, highway maintenance services, and participation in companies through the acquisition of shares or capital quotas. | $2 | -15% | $2B | $2B | 0.7x | 4.9x | ||
| Target Hospitality Corp is a vertically integrated specialty rental and hospitality services company in the United States. The company provides vertically integrated specialty rental and comprehensive hospitality services including catering food services, maintenance, housekeeping, grounds-keeping, on-site security, overall workforce lodge management, and laundry service. Its operating segment includes HFS-South and HFS-Midwest; Government; TCPL Keystone and others. It generates a majority of its revenue from the Government segment which consists of specialty rental and vertically integrated hospitality services revenue from customers with Government contracts located in Texas. | $17 | +136% | $2B | $2B | 5.3x | 32.1x | ||
| BrightView Holdings Inc is a provider of commercial landscaping services in the United States. The company provides commercial landscaping services, landscape maintenance, and enhancements to tree care and landscape development. It operates through two segments namely Maintenance Services, and Development Services. The Maintenance Services are self-performed through a national branch network and are route-based in nature. It includes mowing, gardening, mulching and snow removal, water management etc. And Development Services are comprised of sophisticated design, coordination, and installation of landscapes at recognizable corporate, athletic, and university complexes. The company generates a majority of its revenue from Maintenance Services. | $12 | -27% | $1B | $3B | 0.9x | 7.2x | ||
 | Open Up Group Inc provides human resource services and outsourcing or contracting services for manufacturing companies in Japan and overseas. The business segments of the company include: Mechatronics/IT field: it includes workers dispatching, contracting, consignment business such as development design engineers. Construction area segment includes construction management engineer business / CAD operator dispatch business for customers in construction industry. Manufacturing Area segment includes manufacturing site contracting and dispatch business for customers in manufacturing industry Temporary staffing, outsourcing and referral business for technology and manufacturing fields. | $12 | +7% | $982M | $930M | 0.7x | 7.4x | ||
| Matrix Design Co Ltd is mainly engaged in space design and soft furnishing business, and its main service projects are sales offices, model rooms, and other space areas of residential real estate. In the non-residential field, the company's business covers office, hotel, commercial, health care, and other business areas. | $4 | +79% | $803M | $629M | 5.8x | 44.9x | ||
| Johnson Service Group PLC United Kingdom-based company that provides textile-related services to businesses and consumers. It is a supplier of work wear and protective wear, offering these services through Johnsons Workwear brand. The company also provides premium linen services for the hotel, catering and hospitality markets, and high volume hotel linen services, through a number of different brands which include Johnsons Hotel Linen, Johnsons Hotel, Restaurant & Catering Linen, Johnsons Restaurant & Catering Linen and Regency. It has two reporting segments; Workwear, and Hotel, Restaurant and Catering which is also its key revenue generating segment. | $2 | -1% | $758M | $972M | 1.4x | 4.4x | ||
| GDI Integrated Facility Services Inc is engaged in the facility services sector. The company's operating segment includes Business Services Canada, Business Services USA, Technical Services, and Corporate and Other. It generates maximum revenue from the Technical Services segment. The Technical Services segment provides building system controls, mechanical maintenance, and services to heating, ventilation, air conditioning (HVAC), electrical, energy engineering service offering and energy performance optimization, cabling for data transport, high voltage for commercial, industrial, institutional, government and residential building clients. | $27 | -- | $628M | $866M | - | - | ||
| Dexterra Group Inc offers support services for the creation, management, and operation of infrastructure across Canada. Dexterra Group brings right expertise to every challenge and delivers solutions, giving clients confidence in their day-to-day operations. The company has two segments: Support Services and Asset Based Services. Activities include a comprehensive range of facilities management services, industry workforce accommodation solutions, modular building capabilities, and other support services for diverse clients in the public and private sectors. | $9 | +40% | $578M | $756M | 1.0x | 8.4x | ||
 | Coor Service Management Holding AB is a Sweden-based company providing integrated facility management services in the Nordic region with specialist expertise in workplace services, property services, and strategic consulting. Coor offers effective and flexible solutions that create business benefits for its customers. The company conducts operations in Sweden, Norway, Denmark, and Finland, but also Belgium, and Estonia. It generates revenue from sales of services that are provided under the terms of subscription contracts or on a fixed-price or time and materials basis. | $6 | +26% | $534M | $761M | 0.5x | 8.0x | ||
| Mestek Inc and its subsidiaries manufacture and distribute heating, ventilating, and air conditioning equipment (HVAC) including architectural products, and metal forming equipment. The company manufactures its HVAC equipment and metal forming equipment at twelve factory locations and sells through an established distributor, dealer, and manufacturer's representative channels, in the United States and Canada. Geographically, it derives a majority of its revenue from North America and also has a presence in Europe, Asia, Mexico, and the Rest of the World. | $68 | +64% | $515M | $515M | - | - | ||
| Restore PLC provides mission-critical services enabling organizations to protect, and manage their valuable data, information, and assets. The company's segment includes Information Management; Datashred; Harrow Green and Technology. The company's notable service revenue streams consist of document storage and retrieval services; document scanning and IT services; relocation services; and document collection and destruction. The company generates the majority of its revenue from the Information Management segment. Geographically, the company principally operates in the UK. | $3 | -3% | $465M | $809M | 2.0x | 6.8x | ||
| K-Bro Linen Inc is a healthcare and hospitality laundry and linen processor in Canada. It operates in cities across Canada, and has two distribution centers, providing management services and laundry processing of hospitality, healthcare, and specialty linens. The company provides vital products and services that help people heal, travel, live, and play. It helps hospitals and extended care centers care for the young, old, and vulnerable in environmentally responsible ways. It operates through two divisions, which are the Canadian division and the United Kingdom division. | $30 | +18% | $382M | $588M | 1.6x | 8.3x | ||
| Andrews Sykes Group PLC engages in the rental of pumping equipment and specialist climate control products, which include air conditioning and chillers, heating and boilers, dehumidifiers, and ventilation units. Its operating segments are Hire & Sales UK, Hire and Sales Europe, Hire and Sales Middle East, and the UK installation business. The majority of the revenue is derived from the Hire & Sales UK segment. Its geographical segments are the United Kingdom, Europe, the Middle East & Africa, and the Rest of the World. | $7 | -2% | $291M | $273M | 2.7x | 6.1x | ||
 | Accel SAB de CV manages logistics and manufacturing operations. Its logistics division offers invetntory, warehousing, and transportation services. Accel's manufacturing division produces and distributes packaged foods. | $1 | -- | $242M | $564M | 0.6x | 4.5x | ||
| EVI Industries Inc is a value-added distributor and service provider in the commercial laundry industry. It sells and leases commercial laundry equipment, specializing in washing, drying, finishing, material handling, water heating, power generation, and water reuse applications. The company supports its equipment offerings with installation, maintenance, and repair services through a large network of trained technicians. It serves a wide range of customers, including commercial, industrial, institutional, government, and retail sectors. Geographically, the company serves various countries including United States, Canada, the Caribbean, and Latin America. | $18 | -18% | $229M | $298M | 0.8x | 11.9x | ||
 | Daesang Holdings Co Ltd is a holding company. The company is engaged in the manufacturing and sale of processed food products such as processed food and starch products. Its products mostly include Soyabean paste; Marinade; Soy sauce; fish sauce and amongst others. | $6 | -- | $217M | $1B | 0.3x | 72.0x | ||
| Green Landscaping Group AB, along with its subsidiaries, is engaged in the maintenance and planning of outdoor environments such as green areas, parks, courtyards, tree care, and sports facilities. The service areas it is involved in are landscaping and construction, and ground maintenance. During winter, it also offers snow and ice removal. The group's operations are divided into different segments based on the geographic locations, and include Sweden, Norway, and Other Europe. Maximum revenue is generated from its business in Sweden. | $3 | -53% | $182M | $189M | 0.3x | 2.3x | ||
| Catering International Services is engaged in the business of providing catering accommodations and facilities management services for companies operating in difficult environments. The company is engaged in promoting the socio-economic development of local populations in countries where it operates and also integrated services with its core business. Its services portfolio consists of transport and supply, construction, engineering, multi-technical maintenance, waste management, housekeeping, collection, laundry etc. The company has Africa, Asia, Oceania, Middle East, South America and Commonwealth of independent states geographic segments. It derives the majority of its revenue from Africa segment. | $22 | +96% | $169M | $140M | 0.2x | 2.7x | ||
| Startia Holdings Inc is engaged in the provision of information technology services in Japan. It operates through the following business divisions: the web solution-related division, the network solution-related divisions, and the business solution-related divisions. | $18 | -- | $165M | $134M | 1.0x | 6.5x | ||
| System Support Holdings Inc is engaged in providing systems solutions which include system integration, transition to cloud-based infrastructure, ERP integration, data center running, and package-based software development. | $6 | -- | $129M | $113M | 0.6x | 7.1x | ||
| E-Guardian Inc provides community site planning services, temporary staffing service, user support services, and other services. | $10 | -- | $117M | $50M | 0.7x | 4.6x | ||
 | Shalfa Facilities Management Co provides facilities management solutions, environmental services, and project management services. | $17 | -9% | $71M | $90M | 0.7x | 6.9x | ||
| Tobila Systems Inc develops telecommunication-related systems. It develops and provides nuisance information filter systems for mobile, Fixed-line Telephone, and other businesses. Geographically, the activities are carried out in Japan. The Company operates a single segment, the nuisance information filtering business. | $7 | -- | $70M | $46M | 2.6x | 7.0x | ||
| Where Food Comes From Inc is a third-party food verification company. It offers food production audits and uses verification processes to ensure that claims made by food producers and processors are accurate. The company supports farmers, ranchers, vineyards, wineries, processors, retailers, distributors, trade associations, and restaurants with a wide variety of value-added services provided through its family of verifiers, including International Certification Services, Validus Verification Services, and others. The company operates in two segments that are verification and certification and Software Sales and Related Consulting. It generates the majority of its revenue from verification and certification. | $11 | -2% | $55M | $52M | 2.1x | 18.1x | ||
| Fort Technology Inc is an e-commerce retailer focused on the assembly and sale of pest control products via the Amazon Marketplace. The company sells its products in the U.K., Germany, France, the Netherlands Spain, Italy, and Poland and maintains two warehouses in the U.K. | $4 | -- | $47M | $50M | 4.6x | (8.8x) | ||
| HONYAKU Center Inc is a technical translation firm. It provides translation services in the medical and pharmaceutical, patent, industrial, financial, and legal fields. It also provides interpreting, medical writing services, and foreign patent applications. | $13 | -- | $44M | $12M | 0.2x | 2.1x | ||
 | Lamor Corp Oyj is a Finland-based company that provides environmental solutions. It provides its customers with equipment used for oil recovery, waste management, and water treatment as well as versatile environmental solutions and services, such as clean-up and preparedness services related to oil spill response and oil spills, services for the treatment of waste, and tailored and adapted water treatment solutions. Its Geographic areas of business are Europe and Asia, the Americas, the Middle East, and Africa, and the majority of the revenue comes from the Europe. | $1 | -23% | $30M | $86M | 0.8x | 7.5x | ||
 | Primech Holdings Ltd is a technology-driven facilities services provider in the public and private sectors operating mainly in Singapore. The services offered by the company include Facilities services, Stewarding services, Cleaning services to offices, Cleaning services to homes, and Cleaning Supplies. | $1 | -46% | $29M | $40M | 0.5x | 13.4x | ||
| KDA Group Inc provides technological and operational efficiency solutions for general and specialized health sectors through its technology platform, which includes electronic prescription platforms for Canada and the United States and Adherize and Medherize functionalities for pharmaceutical adherence and oncology-focused therapeutic monitoring. The company operates through two segments: Pharmaceutical Technology and Corporate. | $0 | -- | $12M | $12M | 98.2x | (2.8x) | ||
 | ACpay Co Ltd is a fintech company providing payment and e-commerce solutions. The company provides integrated offline cash flow services by offering Wireless credit card machines, also it has online cash flow method where in they eliminate physical boundaries and create unlimited value. | $1 | -- | $11M | $10M | 2.1x | (3.0x) | ||
| Aspen Group Inc is an education technology holding company that leverages its infrastructure and expertise to allow its two universities, Aspen University and United States University, to offer Associate, Bachelor’s, Master’s, and Doctoral degree programs that span multiple programs of study with a concentrated focus on nursing. The schools at its universities include; the School of Nursing and Health Sciences; School of Education; and School of Business and Technology. The company offers affordable tuition and flexible financing solutions to students, to deliver on its vision of making college education affordable again. | $0 | -- | $9M | $28M | - | - | ||
 | Codeifai Ltd is engaged in sales, marketing, and developer of consumer engagement solutions to brand owners centered around the generation and management of QR codes through its website which is the Company's QR code management platform Connect(TM). The Group is categorized as a bundled complete solution offering that encompasses products and services which are available to customers, including a Digital engagement platform, Covert forensic products and Brand protection labelling solutions. The company operates in Australia, the People's Republic of China, Thailand and the United States of America. It derives maximum revenue from Australia. | $0 | -- | $6M | $6M | 15.6x | (1.4x) | ||
| OIO Holdings Ltd is a holding company, a Singapore-based blockchain service provider. The company's principal operations revolve around two segments: Staking services and Blockchain agency and consulting services. The company generates the majority of its revenue from the Staking services segment, which is engaged in the provision of digital wallets and staking services to retail customers as well as research and development services to enterprise customers in relation to their staking and decentralized finance businesses. The company's Geographical segment consists of Singapore and Others. | $0 | -- | $5M | $9M | 37.3x | (6.3x) | ||
 | Polman SA provides various industrial cleaning services. The company activities inlcude high-pressure cleaning of industrial surfaces and installations, chemical cleaning and etching of industrial installations, vacuuming and dedusting, vacuum loading, transport and unloading of all loose, semi-liquid and liquid materials, cleaning and rinsing oil systems with oil change and hydrodynamic cleaning of air and smoke heaters etc. The company serves petrochemical, chemical, energy, and combined heat and power, food and paper industries. | $0 | -14% | $4M | $5M | 0.9x | 17.3x | ||
| Harris Technology Group Ltd operates as a technology product distributor and online retailer, serving small and medium businesses in Australia. Its product range includes computers, networking equipment, servers, storage devices, printing supplies, and software licenses. The company generates revenue by selling technology products through its online platforms on various marketplaces. It focuses on online sales without operating physical retail stores and supports products from manufacturers of different countries shipped directly to customers or local inventories. Geographically, it operates in Australia. | $0 | -- | $4M | $4M | 0.4x | (8.8x) | ||
| Allied Resources Inc is engaged in the business of producing oil and natural gas from leases located in West Virginia and Texas. The revenue is generated from the sale of oil and natural gas products offset by production costs. | $0 | -- | $1M | $1M | - | - | ||
| Image Protect Inc is a Technology and Business Services Company, providing services in vitally important Review and Reputation Management for businesses of all types and sizes, as well as individuals who need online reputation assistance. | $0 | -- | $770K | $770K | - | - | ||
| Grow Solutions Holdings Inc is engaged in the design and manufacture of modular aeroponic vertical farming units that are fully equipped with proprietary monitoring and automation to make growing aeroponically simple and predictable with very little human intervention. The units are mainly used for agricultural products. | -- | -- | $461K | $461K | - | - | ||
| Median | $7 | +3% | $291M | $564M | 1.0x | 7.2x |
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