Xanitos, Inc.
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Xanitos, Inc. - overview
Established
2008
Location
-, PA, US
Primary Industry
Business Support Services
About
Based in the US, Xanitos Inc. specializes in delivering essential environmental services to healthcare facilities, including housekeeping, patient transport, and laundry management, ensuring high standards of cleanliness and safety. Xanitos Inc. was founded in 2008 in the United States and operates primarily in the healthcare sector, focusing on environmental services.
The company has executed 10 deals to date, with its most recent deal occurring on June 29, 2021. Xanitos was acquired by Angeles Equity Partners, which will support its growth strategy. The CEO of Xanitos is Dave Crothall, and the founder is Graeme Crothall, who has a background in healthcare services. Xanitos, Inc.
specializes in providing a comprehensive range of essential services for healthcare facilities, focusing on hospital housekeeping (Environmental Services or EVS), ambulatory cleaning, patient transport, patient observation, and laundry management. Their core offering revolves around improving cleanliness and safety standards in hospitals, which is critical for enhancing patient outcomes and operational efficiency. The company serves a diverse client base, including hospitals and outpatient facilities throughout the United States, ensuring that all healthcare environments maintain rigorous standards akin to acute care settings. Xanitos’s approach is characterized by unique and specialized recruitment, training programs, and ongoing management oversight, tailored to the specific needs of each facility they partner with.
Xanitos’s revenue model is primarily based on service contracts with healthcare institutions, structured as long-term partnerships that facilitate ongoing operational support. The company engages in direct B2B transactions, providing tailored cleaning and patient management services that are critical for hospital operations. While specific pricing plans for individual services are not disclosed, the overall financial framework is designed to optimize cost-effectiveness for clients by implementing productivity enhancements and reducing inefficiencies in hospital management. Key services such as patient transport and the Patient Observation Assistant Program are integral in driving revenue, directly contributing to improved patient safety and operational efficiency for healthcare providers.
Xanitos Inc. aims to leverage the acquisition by Angeles Equity Partners to enter a new phase of growth, consolidating its position in the environmental services sector. While specific upcoming products have not been disclosed, the company is expected to enhance its service offerings to meet growing market demands. Plans for geographic expansion include targeting additional healthcare markets within the United States, although specific regions and timelines have not been detailed.
The recent funding of USD 2. 17 mn will be utilized to support these initiatives and enhance operational capabilities.
Current Investors
Stellus Capital Management, Angeles Equity Partners, Liberty Venture Partners
Primary Industry
Business Support Services
Sub Industries
Facilities & Maintenance Services, Consumer Services
Website
www.xanitos.com
Total Amount Raised
Subscriber access only
Xanitos, 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Secondary Buyout | Completed | Xanitos, Inc. | - | ||||||||
| Add-on | Completed | Legion Building Services | - | ||||||||
| Secondary Buyout | Completed | Xanitos, Inc. | - |
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