Vonachen Group Acquires Kentucky BSC
In May 2018, Vonachen Group, Peoria, Illinois, acquired Kenway Janitor Service, Louisville, Kentucky.
Established in 1968, Vonachen Group has grown to be one of the largest privately owned janitorial service companies in the Midwest and Southern United States.
“Kenway Janitor Service is a solid company that epitomizes the type of business that Vonachen Group is looking to acquire,” says Matt Vonachen, president of Vonachen Group. “Ken Crutcher, James Crutcher and Rowland Crutcher have spent the last 57 years building a stable, value added, building service contractor business supported by a capable team of industry professionals. It is a testament to Ken Crutcher that he wanted to see this legacy continue into the future as a part of the Vonachen Group Family.
Kenway Janitor Service is a third-generation family-owned janitorial company. Charles Jones will continue as general manager of Kenway Janitor Service, Vonachen Group – Louisville. In addition, Ken will remain with the new company in an advisory capacity to assist with the transition.
“It was important to me, as I transition Kenway Janitor Service, that I leave my employees, family members and loyal customers in good hands,” says Ken Crutcher, president of Kenway Janitor Service. “Because of the values that Kenway Janitor Service and Vonachen Group share, it gives me confidence and peace of mind knowing that our employees and customers will continue with the same relationship, service and values.”
As Vonachen Group’s Acquisition Strategy Management (ASM) partner, Pursant, Bannockburn, Illinois, worked with the Vonachen Group team to define acquisition criteria; developed and qualified a pool of potential sellers; articulated the Vonachen Group story to educate and garner interest from parties and qualified them for cultural and transactional alignment.
“With the addition of Kenway Janitor Service, the team at Vonachen Group has added a high-quality company that fits very nicely with their culture and values,” says Brian Steffens, Pursant managing director.
Kenway Distributors Inc. will continue to be owned and operated by Ken Crutcher and Ashley Mitchell.
Disclaimer: Please note that Facebook comments are posted through Facebook and cannot be approved, edited or declined by CleanLink.com. The opinions expressed in Facebook comments do not necessarily reflect those of CleanLink.com or its staff. To find out more about Facebook commenting please read the Conversation Guidelines.