Acquisition enhances Cannon's service offering and presence in key markets
TORONTO, Sept. 21, 2016 /CNW/ - Cannon Services ("Cannon"), a leading provider of washroom hygiene, pest control and life safety services for commercial facilities, announced today that it has acquired Sani-Service, a portfolio company of Serruya Private Equity Inc. ("SPE") effective on September 12th, 2016. Sani-Service is a leading provider of commercial washroom hygiene services and chemical services (including warewashing and related chemicals) for a range of customers including leading retailers and foodservice establishments.
Cannon President and CEO Peter Farrell states, "this acquisition supports our corporate growth strategy, expands our markets served to Western Canada, including Vancouver, Calgary and Edmonton and will significantly enhance our presence and density in Eastern Canada including Toronto, London and Ottawa. Further, it will allow us to offer our respective customers a broader range of washroom hygiene, pest control, chemical and life safety services. We look forward to the opportunity to continue to provide Sani-Service's loyal customers with best-in-class customer service."
Sami Alsabawi, National Director of Sani Service added, "the cultures of Cannon and Sani-Service are quite similar – both are leaders in their respective service offerings with a relentless focus on delivering "best in class" customer service. Cannon and Sani-Service will work together to ensure a seamless transition process for its customers."
Cannon was recently acquired by Birch Hill Equity Partners ("Birch Hill") in partnership with President and CEO, Peter Farrell. With over $3 billion in capital under management, Birch Hill invests in leading Canadian middle-market businesses. "Acquisitions, similar to Sani-Service, will continue to play an important role in Cannon's strategic plans complementing organic growth and further enhancing our market position as a leader in providing washroom hygiene, pest control, and chemical (warewashing) services," says Farrell.
About Cannon Services
With over 40 years of experience, Cannon is a leading provider of washroom hygiene, pest control and life safety services for commercial facilities. By combining innovation and service excellence, we help building owners and managers deliver award winning environments to their employees, customers, and guests. The design and delivery of our services and products reflects our deep understanding of commercial facilities, our focus on creating successful customers, and our respect for the environment. For more information, please visit cannonservices.ca.
SOURCE Cannon Services
For further information: Media & General Inquiries: Peter Farrell, President & CEO, 905.946.1711, [email protected]