Critical Environment Contamination Control Leader Makes First Strategic Acquisition

Data Clean Corporation (“Data Clean”), one of the nation’s oldest and largest critical environment cleaning and remediation specialists, today announced the acquisition of SML Enterprises (“SML”), a Virginia-based critical environment cleaning business serving data centers across the Mid-Atlantic region. The transaction is the first strategic acquisition by Data Clean since it was acquired by Angeles Equity Partners, LLC (“Angeles”), a private investment firm focused on value creation through operational transformation. Through this acquisition, Data Clean has strengthened its position as a market leader in contamination control, especially for data centers, and further penetrated one of the most important data center geographies in the world.

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“SML is a great fit for us, given the strong alignment of their culture of excellence with Data Clean’s prioritization of its people and clients. We believe the combination of our decades of collective experience with the latest technological innovations will provide our customers with the peace of mind that comes from best-in-class solutions,” said Richard Hill, president of Data Clean. “The acquisition highlights our commitment to being recognized as the market leader in contamination control services for critical environments.”

SML Executive Vice President Mike Piscelli will transition to an advisory role and continue to support the growth of the combined business.

“When our family decided that the time was right to sell our company, we quickly turned to Data Clean due to our longstanding relationship, shared dedication to growth, focus on quality, and most importantly, our commitment to employees and clients,” said Piscelli. “Being what we view as the leader in critical environment contamination control, Data Clean was our clear choice as an acquisition partner. They are committed to creating exciting new opportunities for our employees, while maintaining the focus on high-quality service that our clients have come to expect.”

SML Enterprises has been providing critical environment contamination control services to the Mid-Atlantic region since 1984. The high quality of SML’s staff and service has established SML’s strong reputation in the geographies in which it serves, and positioned the organization for continued growth. The acquisition of SML has advanced Data Clean’s strategy to expand in key domestic markets, further differentiating Data Clean from its competition by way of its broadest geographic footprint, largest and most experienced team of technicians and longest-tenured, blue-chip customer base.

“The strategic fit between Data Clean and SML is ideal and a great first step towards executing our strategy of further consolidating the critical environment contamination control space,” said Frank Spelman, managing director at Angeles. “As the data center sector continues to grow, the essential nature of keeping those facilities free from contaminants will only increase. Angeles is optimistic about the long-term outlook for this sector.”

About Data Clean

With over 40 years of experience, Data Clean maintains thousands of facilities around the world. Data Clean specifically serves critical environments such as datacom environments and computer rooms, in addition to laboratories and cleanrooms through its “Sterile Science” branded division. Data Clean has been setting the standard for critical environment maintenance since 1979. Data Clean is headquartered in Des Plaines, Illinois, a suburb of Chicago. In addition to the new office in Virginia, Data Clean has full-service branches around the world including Canada, Hong Kong, India, Mexico, Saudi Arabia, Singapore, United Arab Emirates and the United States. For more information, go to https://www.dataclean.com/

About Angeles Equity Partners, LLC

Angeles Equity Partners, LLC is a specialist lower middle-market private equity investment firm with a consistent approach to transforming underperforming industrial businesses. In partnership with Angeles Operations Group, LLC, the Angeles skill set drives the firm’s investment philosophy and, in its view, can help businesses reach their full potential. Learn more online at www.angelesequity.com.

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