John Sweeping

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John Sweeping - overview

Established

1968

Location

Ottawa, ON, Canada

Primary Industry

Business Support Services

About

John Sweeping is a Canadian company specializing in professional street and parking lot sweeping services, ensuring urban areas remain clean and compliant with local regulations. Founded in 1968 in Ottawa, Canada, John Sweeping offers street and parking lot cleaning services. The company has achieved two significant deals, with the most recent on November 2, 2020, when Signal Hill Equity Partners acquired John Sweeping. The specifics of the financial terms were not made public.


John Sweeping specializes in high-quality street and parking lot sweeping services, focusing on urban and suburban environments where maintaining cleanliness and compliance with local regulations is essential. Their primary offerings include mechanical sweeping, vacuum sweeping, and specialized cleaning services tailored to meet the unique needs of municipalities, commercial properties, and residential complexes. These services enhance the aesthetic appeal of public spaces while ensuring a cleaner environment, addressing pollution and debris accumulation. Their client base includes local governments, property management companies, and businesses requiring regular maintenance to uphold operational standards.


John Sweeping operates in various geographical markets, including major metropolitan areas across Canada, where urban infrastructure demands consistent and reliable cleaning solutions. The revenue model of John Sweeping is primarily structured around service contracts with various clients, including municipalities and commercial enterprises. Transactions typically occur through service agreements that outline the frequency and scope of cleaning services, allowing for predictable revenue streams. Pricing plans vary based on the size and type of the serviced area, with options for one-time cleanings or ongoing maintenance contracts.


Their flagship service offerings cater to both residential and commercial sectors, providing flexibility for clients looking to maintain cleanliness throughout the year. These structured service agreements facilitate smooth transactions, ensuring that John Sweeping meets the diverse needs of their clientele efficiently. In the upcoming year, John Sweeping aims to diversify its service offerings by introducing new specialized cleaning products designed to enhance operational efficiency. Additionally, the company plans to expand its market presence into the Atlantic provinces of Canada by 2023, targeting increased service coverage in these regions.


The recent acquisition by Signal Hill Equity Partners in November 2020 will support these initiatives, providing the necessary resources for growth and development.


Current Investors

Urban Life Solutions, Inc./P. Munro Group Inc./John Sweeping

Primary Industry

Business Support Services

Sub Industries

Equipment Rental & Leasing, Consumer Services

Website

www.johnsweeping.ca

Company Stage

Merged

Total Amount Raised

Subscriber access only

John Sweeping - 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)
MergerCompletedJohn Sweeping, P. Munro Group Inc., Urban Life Solutions, Inc.-
BuyoutCompletedJohn Sweeping-

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