Partnerservice

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Partnerservice - overview

Established

2003

Location

Copenhagen, hovedstaden, Denmark

Primary Industry

Consumer Products

About

Partnerservice is a commercial cleaning service provider in Denmark, focusing on tailored solutions for various enterprises. The company excels in maintaining clean environments through diverse services. Founded in 2003 in Copenhagen, Denmark, Partnerservice specializes in professional cleaning services. The company was acquired by Lynx Equity in December 2017, marking a strategic pivot in its growth.


Jesper Schou-Kocher is the founder, while Lone Ranum serves as the current CEO. Partnerservice offers a wide range of cleaning services, including commercial cleaning, mat service, window cleaning, high-level cleaning, stair cleaning, and plant care. Their mat service enhances indoor cleanliness through comprehensive procurement and maintenance schedules. The stair cleaning service ensures safety and hygiene using innovative cleaning methods, while the plant care service focuses on regular assessments of indoor plants.


The company caters to ten of Denmark's largest commercial chains, highlighting its capacity to handle extensive cleaning contracts across various industries. In 2018, Partnerservice reported a revenue of USD 5. 37 mn with an EBITDA of USD 60,759. 9 in the same year.


The company primarily generates revenue through B2B service contracts, employing a subscription model that offers customizable cleaning schedules to meet client needs. Partnerservice is focused on expanding its service offerings and entering new geographic markets. Following its acquisition in December 2017, the company aims to introduce new cleaning technologies and expand its services beyond Denmark by 2025. The recent funding will be utilized to support these initiatives, enhancing operational capabilities and market reach.


Current Investors

Lynx Equity

Primary Industry

Consumer Products

Sub Industries

Household Appliances

Website

http://partnerservice.dk/

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Partnerservice - financials

Fiscal Year EndedDec 31, 2011Dec 31, 2012Dec 31, 2013Dec 31, 2014Dec 31, 2015Dec 31, 2016Dec 31, 2017Jul 31, 2018Jul 31, 2019Jul 31, 2020Jul 31, 2021Jul 31, 2022Jul 31, 2023Jun 30, 2024Jul 31, 2025
Revenue (USD)-------33,488,000-------
% Revenue Growth (YoY)---------------
EBITDA (USD)3,347,619.43,658,8043,505,5434,522,4716,225,3296,529,4538,692,3336,077,0004,689,0002,396,6591,046,466(648,933)---
Operating Income (USD)3,127,067.43,350,3953,119,8013,813,9445,652,6265,578,2407,663,3915,545,0003,943,0001,682,619565,577(1,124,812)---
Operating Margin-------16.6%-------
% EBITDA Margin-------18.1%-------
NET Income (USD)2,361,977.52,417,2182,376,3662,880,0354,467,5014,082,6155,867,7653,891,0003,024,0001,374,149456,130(1,059,871)---
% Net Margin-------11.6%-------

Partnerservice - 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)
BuyoutCompletedPartnerservice-

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Partnerservice - employee data

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Partnerservice - key contacts

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