DENVER, Aug. 15,
2024 /PRNewswire/ -- SDR Ventures is pleased to
announce that Katsam Property Services ("Katsam" or "the
Company") has been recapitalized by Unity Partners LP ("Unity
Partners"). SDR served as the exclusive advisor to Katsam
throughout the transaction process.
Founded in 1986, Katsam is a leading provider of power sweeping
and other facility services to commercial and municipal customers
in the Midwest. The company's CEO Chris
Dick will continue leading the business and will serve on
the Board of Directors.
Chris commented, "Thanks to Ben, Scott, & the entire SDR
Team, we are now poised to achieve our strategic goals by expanding
our footprint and enhancing operations with Unity Partners.
Together, we will elevate the Company to new heights while also
creating a better experience, including ownership opportunities,
for our dedicated employees."
Employee ownership is built into each of Unity Partners'
platform investments, and Katsam will be launching an Employee
Purpose Plan, a program that allows employees to share in the
firm's financial success and capital events.
"Chris has done an amazing job executing on his vision for
Katsam and we are excited to bring incremental resources and
expertise to partner with him and build on that success," said
Peter Cozzi, an Investment Team Lead
at Unity Partners. "In meeting with Chris, we were quickly
impressed by his commitment to creating a positive employee
experience, providing service excellence to all customers, and his
general bias for action."
Unity Partners will provide capital and strategic and
operational support for Katsam as it seeks to expand through
organic growth and strategic acquisitions. Katsam is actively
looking at opportunities to add key talent and pursue partnerships
or acquisitions with other power sweeping and related facility
maintenance services businesses.
"It was a great pleasure working with Chris, and incredibly
rewarding to help the Katsam team secure a partner who will guide
the company into a new era of continued success," concluded
Ben Luchow, Vice President at SDR
Ventures.
CONTACT: Ben Luchow,
1-720-221-9220
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SOURCE SDR Ventures