Harris Research, Inc.

Harris Research, Inc. , through its Chem-Dry brand, offers professional carpet and upholstery cleaning services using a unique, environmentally friendly approach that utilizes carbonation for effective cleaning without harsh chemicals. Founded in 1977 and headquartered in Logan, Utah, Harris Research, Inc. specializes in carpet and upholstery cleaning services.

The company was acquired in a Secondary Buyout by Nautic Partners in August 2011 for USD 48. 30 mn. The current CEO is Michael Harris. Chem-Dry provides professional cleaning services specializing in carpets and upholstery through its proprietary Hot Carbonating Extraction (HCE) process.

This method utilizes carbonation for deep cleaning, ensuring safety for families and pets. The company also offers Pet Urine Removal Treatment (P. U. R.

T. ®), targeting pet odors effectively. Chem-Dry services over 10,000 households daily across North America, Europe, and parts of Asia, catering to homeowners, property managers, and businesses seeking clean living environments. Chem-Dry generates revenue through direct transactions for cleaning services, including standard carpet cleaning, upholstery cleaning, and specialty options like the Pet Urine Removal Treatment.

Pricing varies by service requested, with clients paying on a per-visit basis. This model enables Chem-Dry to maintain strong customer relationships while delivering quality cleaning solutions. Chem-Dry has not publicly announced new products or market expansions following the most recent deal in August 2011, when Baird Capital Partners acquired Harris Research, Inc. from Home Depot Inc.

for USD 48. 30 mn. Future growth initiatives may utilize the funding from the latest round to enhance operational capabilities, though no specific plans have been disclosed.