Coverall North America, Inc.

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Coverall North America, Inc. - overview

Established

1985

Location

Deerfield Beach, FL, US

Primary Industry

Business Support Services

About

Coverall North America, Inc. provides professional commercial cleaning services focused on health-based cleaning protocols to ensure safe and hygienic work environments for various industries across 90 markets in the US. Founded in 1985 and headquartered in Deerfield Beach, US, Coverall North America, Inc. specializes in commercial cleaning services.


The company has undergone strategic changes to enhance its cleaning methodologies and has managed a total of 10 deals. In its latest funding round, a Buyout of USD 56. 00 mn was secured from Ares Management, bringing the total amount raised to USD 56. 00 mn.


Coverall offers a range of professional commercial cleaning services primarily focusing on health-based cleaning protocols designed to maintain safe and hygienic workplace environments. The company employs the proprietary Coverall Core 4® Process, which is grounded in CDC and AORN standards for cleaning and disinfecting. This method targets the elimination of germs and bacteria, thereby minimizing the risk of illness outbreaks among employees and customers. Coverall caters to diverse industries, including corporate offices, medical facilities, educational institutions, and retail spaces, among others.


The services are available across 90 different markets, ensuring a broad geographical reach, which includes both urban and suburban locations to meet the varying needs of its client base. Coverall generates revenue through a structured service model where clients engage in contracts for cleaning services tailored to their specific needs. The offerings include various cleaning options such as On-Demand Cleaning Services, Deep Cleaning, and Preventative Maintenance, allowing for flexible arrangements based on client requirements. Typically, transactions are conducted on a B2B basis, with businesses subscribing to regular cleaning schedules or one-time services.


The firm's flagship services leverage the Coverall Core 4® Process, which is integral to its value proposition. Clients engage with Coverall professionals to receive customized cleaning solutions, enhancing operational efficiency and workplace health. Coverall North America, Inc. is focusing on launching new cleaning products and services designed to enhance its offerings in the coming year.


The company plans to expand its operations into additional markets, particularly targeting new urban areas in the Midwest and Southeast regions of the US by 2025. Recent funding from the Buyout will support these expansion efforts and the introduction of innovative cleaning solutions.


Current Investors

Revelar Capital, Ares Management

Primary Industry

Business Support Services

Sub Industries

Facilities & Maintenance Services

Website

www.coverall.com

Company Stage

Mature

Total Amount Raised

Subscriber access only

Coverall North America, Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Secondary BuyoutCompletedCoverall North America, Inc.-
Secondary BuyoutCompletedCoverall North America, Inc.-
Secondary BuyoutCompletedCoverall North America, Inc.-
Private DebtCompletedCoverall North America, Inc.-
BuyoutCompletedCoverall North America, Inc.-

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