FIRST ONSITE U.S. CEO and Founder Stacy Mazur discusses this major partnership, the mergers and acquisition trend in the industry, and future plans for this company as they build quickly toward being a billion dollar brand serving North America.
The emergence of private equity interests indicates that bigger money sees opportunity in our enchanted forests, but also brings “outside” influence that will forever change the landscape.
One of the challenges in making predictions is being blindsided by items you could never have seen coming. Before last year, imagine someone telling you the country would be shut down for months, you could not go to a restaurant or church service for months, college basketball would stop the week before March Madness, and most schools would be closed for months (or in some cases, a year).
As I’m writing this, we are nine weeks into 2021, and I have posted a news item regarding an industry acquisition or merger almost every single week. Some of the deals are with industry suppliers and vendors, but largely it’s restoration companies. In most cases, one company purchases another, but in others, a private equity firm has come in and made an investment.
Acquisition adds CleanAll, a leading regional distributor of janitorial supplies and equipment to customers in hospitality, education, healthcare, and other market segments/
Envirochemical is headquartered in Solon, Ohio, and is a leading regional distributor of janitorial and sanitation products to customers across the Great Lakes Region.
