Vixxo Expands Platform with Acquisition of Cushman & Wakefield’s Vendor Managed Site Maintenance Business
Vixxo, a leading tech-enabled facilities maintenance company, announced today its acquisition of Cushman & Wakefield’s third-party multi-site vendor managed site maintenance business (CWFS), previously known as Quality Solutions, Inc. (QSI), based in Wichita, Kansas. This strategic move, which includes approximately 280 CWFS employees, enhances Vixxo’s capabilities and marks a significant milestone in its expansion strategy.
“This is a pivotal milestone for Vixxo as we execute our vision of perfecting facility operations for the world’s best brands,” said Jim Reavey, President and CEO of Vixxo. “This acquisition brings a wealth of expertise that significantly enhances our service offerings and operational capabilities.”
The combined company aims to offer a comprehensive range of multi-site facilities solutions to clients, leveraging shared resources to provide superior customer service and operational excellence.
“Joining forces with Vixxo presents a tremendous opportunity for this business to continue its growth trajectory while delivering enhanced value to our clients,” said Chris Jernigan, CEO of CWFS. “Our combined resources and shared passion for customer service make this a natural fit, and we are so excited to be a part of this journey.”
Vixxo has established itself as a leading facilities provider for the convenience industry, serving many c-store brands. The company boasts a distinctive programs management offering through its specialized c-store programs team, which has extensive expertise in equipment rollout, HVAC-R installations, and large-scale projects. With the addition of the CWFS programs team, Vixxo will extend its program capabilities to other markets.
Over the past year, Vixxo has invested in artificial intelligence to enhance its services. The company has developed the first virtual technician assistant, an advanced tool designed to transform how technicians diagnose issues and repair equipment. Utilizing decades of work order history and insights, the assistant employs the latest Generative AI technologies to provide real-time guidance, troubleshooting, and feedback for technicians, ultimately lowering repair costs for clients. Vixxo plans to extend this technology to customers of the newly acquired business in the future.
UBS Investment Bank served as exclusive financial advisor to Cushman & Wakefield for this transaction.
About CWFS: Formerly known as QSI, Inc., CWFS is a third-party multi-site vendor management business with significant trade expertise and diverse industry relationships across retail, convenience, healthcare, and several other industries. QSI, Inc. was acquired by Cushman & Wakefield in 2019 and subsequently rebranded as CWFS.
About Vixxo: Vixxo provides comprehensive facilities management solutions to multi-site convenience, grocery, restaurant, and retail customers. The company’s solutions include repair and maintenance for food and beverage equipment, HVAC/refrigeration, electrical, plumbing, and other critical service categories, as well as multi-site rollout programs. Vixxo’s services are built on a strong service provider network, analytics, and a cost management platform.
