TL;DR
LYNX Franchising, a multi-brand platform, has been acquired by MidOcean Partners, a private equity firm, to help grow the brand and its essential services. The acquisition will aid JAN-PRO Systems International in its expansion efforts into new markets, including Hawaii, Madison, Wisconsin, and Des Moines, Iowa.
“We are excited about the acquisition and are eager to partner with a firm that is so dedicated to helping us take our brand even further,” stated JAN-PRO Systems International President Gary Bauer. “Our industry leading model and experience, coupled with MidOcean Partners’ resources is an incredible combination, and we are eager to see where this partnership takes our brand, especially as we continue our mission to help protect businesses, their customers and their employees from COVID-19.”
As JAN-PRO Systems International continues to see increased demand among the Jan-Pro Cleaning & Disinfecting franchisees for reliable and effective commercial cleaning and disinfecting services due to COVID-19, this new partnership presents an opportunity for even further growth. MidOcean Partners is experienced in helping service brands expand, and as the LYNX Franchising brands continue to grow, the partnership between the two companies is poised to flourish.
The acquisition comes at a time when JAN-PRO Systems International has set its sights on several new markets for franchise development, including Hawaii, Madison, Wisconsin, and Des Moines, Iowa, among others. The resources provided by MidOcean Partners will greatly aid JAN-PRO Systems International in these expansion efforts.
Since the start of the COVID-19 pandemic, businesses of all kinds have turned to Jan-Pro Cleaning & Disinfecting as the commercial cleaning experts to keep their employees, customers, and tenants safe during this unprecedented time. In fact, Jan-Pro Cleaning & Disinfecting has seen a 500% increase in upgraded special cleaning/disinfecting services since the start of the pandemic as businesses of all kinds look to continue using our services to help employees and customers be safe from COVID-19.
In this story
This story was originally published in Franchising.com on January 20, 2021. Burnaze summarizes and links to the original reporting.
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