Vixxo
Provides tech-enabled facilities management and equipment maintenance services.
Company facts
- Founded
- 1980
- Employees
- 1,252
- Headquarters
- United States
- CEO
- Jim Reavey
- Type
- Private
- Funding
- Private Equity · $112M · 2023
- Subsidiaries
- Cushman & Wakefield Facilities Solutions
About
Vixxo's story is one of strategic evolution, born from the integration of two industry powerhouses, FM Facility Maintenance and First Service Networks. While its roots trace back to 1980, the Vixxo brand as it is known today was purposefully launched in 2016. This wasn't just a rebranding; it was a deliberate strategy to forge a new identity and culture from the ground up. The vision, led by President and CEO Jim Reavey, was to move beyond traditional facilities management and leverage technology, data, and analytics to revolutionize the industry. The journey began with a clear goal: to create a company that could offer clients unparalleled transparency, efficiency, and strategic insights into their facility operations. The integration of FM Facility Maintenance, where Reavey had served as President and CEO, with First Service Networks created a formidable entity with a rich history and a vast pool of expertise. This new entity, Vixxo, set out to redefine the client experience. The company invested heavily in developing its proprietary technology platform, designed to streamline processes and provide actionable data. This focus on technology allowed Vixxo to offer something unique: guaranteed savings and the peace of mind that comes from a network of over 150,000 vetted service provider technicians. From managing assets for Fortune 500 giants like Starbucks and 7-Eleven to serving a diverse portfolio across retail, restaurant, convenience, and grocery sectors, Vixxo's growth has been a testament to its innovative approach. The company manages more than 2.2 million revenue-generating assets across tens of thousands of locations. In a significant move to expand its capabilities, Vixxo recently acquired Cushman & Wakefield's third-party multi-site vendor-managed site maintenance business, further solidifying its position as a market leader and continuing its journey of perfecting facility operations for the world's most recognizable brands.