Inspirit Equity has completed its acquisition of the operations and maintenance division of Valiant Integrated Defense Services, and has established the business as an independent company: Vulcan Government Services.

VGS operates and maintains facilities for government agencies where reliability is non-negotiable — hospitals and medical facilities, research laboratories and other critical infrastructure — alongside chemical management and logistics support. The team has long supported installations in remote and demanding environments.

Chuck Phillips, who led the business inside Valiant as vice president and general manager, leads VGS as chief executive. Near-term plans include adding dedicated business-development capacity, building out construction capabilities, and growing both organically and through acquisition.

Charles Gores, founder and chief executive of Inspirit, said the business had earned its reputation doing specialised work where performance matters, and that demand is rising as agencies invest in the readiness and resilience of their infrastructure.

Sizemore, the Inspirit Equity-backed facilities management company, has signed a definitive agreement to acquire Carlson Building Maintenance of Minneapolis.

Founded in 1959, Carlson provides janitorial and facility services to retail, grocery and commercial customers across the Midwest — more than 250 locations in ten states — with a fully self-performing workforce. Owners Nick Giese and Kaylee Brown continue to lead the business, which becomes a dedicated retail division within Sizemore rather than being folded into it.

The transaction extends Sizemore’s footprint into the Midwest and creates a distinct retail vertical. Ryan Kanaley, managing director at Inspirit, said acquiring strong regional operators is central to building a national provider, and that further acquisitions are planned.

Preston Sizemore, president and chief executive of Sizemore, said Carlson shares the company’s focus on people, service quality and long-standing customer relationships.

Inspirit Equity has acquired a majority interest in Sizemore, Inc., the Augusta, Georgia facility management company founded in 1955 by retired police officer Eddie Sizemore.

Sizemore provides outsourced facility management across the Southeastern United States through three divisions — janitorial, security and staffing — to organisations whose operations cannot pause. Preston Sizemore, president and chief executive, continues to lead the company.

Inspirit describes the investment as a platform: the plan is to extend Sizemore’s geographic reach, invest in its operations, and grow organically and through acquisition. Charles Gores said the firm respects what the Sizemore family has built over seven decades and sees an opportunity to build on its reputation for reliability.

Fifth Third Securities advised Sizemore; Jones Day served as legal counsel to Inspirit Equity.

Inspirit Equity has made a strategic investment in Nomi Health, the direct healthcare company that works with self-funded employers, local providers and public organisations to build an alternative to traditional intermediaries.

Nomi’s platform pairs real-time data with direct medical networks and transparent payment, with the aim of lowering costs, offering $0 member payments and paying providers faster. The investment is intended to deepen Nomi’s work in Michigan and expand access to affordable care for employers across the state.

Mark Newman, Nomi Health’s chief executive, called the investment a vote of confidence in a better way to deliver care. Charles Gores said it supports Nomi’s mission of making care more accessible and affordable for working families, as part of a broader commitment to healthier communities.

Inspirit invests its own capital, with no outside limited partners and no fund timeline. That changes the questions we ask of a business. Not “when do we sell?” but “what does this company need, and how can we help?”

In practice that means decisions made for durability: investing in people and equipment that pay back over years rather than quarters, keeping the names and the leaders that customers already trust, and being patient through the difficult year that every business eventually has.

The full essay will be published here.