Factory Cleaning Equipment, Inc.
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Factory Cleaning Equipment, Inc. - overview
Established
1994
Location
-, IL, US
Primary Industry
Retail
About
Factory Cleaning Equipment, Inc. specializes in high-performance floor cleaning solutions, offering a range of scrubbers and sweepers designed for efficiency in various environments. Founded in 1994 and headquartered in Aurora, US, Factory Cleaning Equipment, Inc. provides specialized floor cleaning solutions.
The company was acquired by Jon-Don, LLC, a portfolio company of Trivest Partners, in November 2020. Specific details about any company pivots or changes in operations have not been mentioned. Factory Cleaning Equipment (FCE) specializes in providing a comprehensive range of floor cleaning solutions, primarily focusing on high-performance floor scrubbers and sweepers. Their flagship products include the Bulldog Scrubber, designed for heavy-duty cleaning applications in gyms, breweries, and restaurants.
These machines are engineered for efficiency, featuring user-friendly navigation and quick access to essential components, minimizing downtime during maintenance. FCE serves a diverse clientele, including fitness facilities, hospitality venues, and industrial spaces, ensuring that their products meet the rigorous demands of different industries. The company markets its products primarily in the United States, focusing on urban areas where commercial cleaning needs are substantial. FCE's revenue model is structured around the direct sale of cleaning machines, complemented by essential parts and maintenance services.
Transactions typically occur through B2B channels where businesses purchase equipment directly from FCE or through authorized distributors. They also offer planned maintenance and parts replacement, enhancing customer retention and generating recurring revenue. Their product portfolio includes several proprietary models, including the Bulldog Scrubber, which is expected to drive sales while also supporting the parts and accessories market. Factory Cleaning Equipment, Inc.
plans to utilize the acquisition by Jon-Don, LLC to enhance its capabilities and reach. The company aims to design and launch new products, although specific release dates have not been disclosed. Additionally, there are ambitions to expand into new geographic regions, focusing on markets where there is a significant demand for cleaning solutions, though specific markets have not been identified. The resources from the acquisition will support these initiatives, particularly in product development and market penetration strategies.
Current Investors
Jon-Don, LLC
Primary Industry
Retail
Sub Industries
Equipment Rental & Leasing, Retail
Website
www.thesweeper.com
Verticals
E-commerce
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Factory Cleaning Equipment, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Factory Cleaning Equipment, Inc. | - |
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