An unknown buyer acquired Industrial cleaning business from Matrix Service Company (NasdaqGS:MTRX) for $6.7 million during the fourth quarter of fiscal 2023. Matrix sold the business for net proceeds of $6.3 million in cash and a $0.4 million receivable for amounts to be paid upon satisfactory transfer of title of certain vehicles and equipment sold.

An unknown buyer completed the acquisition of Industrial cleaning business from Matrix Service Company (NasdaqGS:MTRX) during the fourth quarter of fiscal 2023.