Revolent Grows Again Through Acquisition
In August, Revolent Solutions Group, Tampa, Florida, acquired Lenhorn Services, Inc., Richmond, Virginia. Lenhorn was founded in 1990 and provides a range of cleaning services to Class A office buildings, medical facilities, banks and educational institutions.
“After 25 years of providing excellent customer service and quality cleaning services, Lenhorn Services is excited to become a part of the Revolent Solutions Group,” says Lenny Marshall, president, Lenhorn Services, Inc. “We are thrilled that our customers will continue to receive the level of exceptional service and commitment to a job ‘well done’ that have been the cornerstones of our success. Th is new opportunity will enable us to off er our customers a broader range of services and streamline operational efficiencies. We look forward to continued business growth and partnership with our customers.”
Pursant, LLC, Bannockburn, Illinois, acted as the sole Merger & Acquisition Advisor to Revolent, carefully qualifying Lenhorn for cultural and transactional alignment, facilitating discussions, overseeing due diligence and documentation, and managing the transaction process through closing.
“Once the Pursant team brought this opportunity to us, we quickly saw how Lenhorn's strong customer base, tenured employees and geographic density would positively impact our Richmond branch,” says Bryson Ravers, Revolent president. “Th is is our second acquisition within 12 months in the Richmond market. We anticipate continuing to grow our presence in the market through organic and acquisitive efforts.”
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