Original News Release
Dexterra completes $58.3M (U.S.) investment in Pleasant
Ms. Denise Achonu reports
DEXTERRA GROUP COMPLETES INVESTMENT IN PLEASANT VALLEY CORPORATION
Dexterra Group Inc. has completed an investment in Pleasant Valley Corp. (PVC), an Ohio-based provider of facility management services primarily to commercial and industrial clients across the United States. The company acquired a 40-per-cent stake in PVC for $58.3-million (U.S.) effective July 31, 2025, and has the option to acquire the remaining 60 per cent as early as Q3 of 2027. The investment will be financed using the company's credit facility.
Founded in 1976 by co-chief executive officers Gino and Barbara Faciana, PVC offers a wide range of facility services, including integrated facility management (IFM). The PVC operating platform is a distributed model that incorporates proprietary facility management technology, a quality vendor network, as well as a strong commitment to service and partnership that supports long-standing relationships with clients, including Fortune 500 companies. PVC adds significant scale and capability to the company's U.S.-based facility management business. PVC generates approximately $175-million (U.S.) in annual revenues with a strong history of profitability, solid pipeline of new business and significant growth potential.
"We are very pleased to announce our investment in PVC," said Mark Becker, chief executive officer, Dexterra Group. "PVC's reputation, culture and values align well with Dexterra. PVC builds on our U.S. presence, supporting long-term profitable growth. We look forward to working together with the Faciana family and the team at PVC."
"PVC has a long history and commitment to customer service, growth and technology," said Barbara and Gino Faciana. "We believe Dexterra is the right strategic partner for our customers, employees and our growth objectives. We are excited to work together building our combined future."
About Dexterra Group Inc.
Dexterra employs more than 9,000 people, delivering a range of support services for the creation, management and operation of infrastructure across Canada and the United States.
Powered by people, Dexterra brings best-in-class regional expertise to every challenge and delivers innovative solutions, giving clients confidence in their day-to-day operations. Activities include a comprehensive range of integrated facilities management services, industry-leading work force accommodation solutions and other support services for diverse clients in the public and private sectors.
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