Kimco and its predecessor companies have been providing route based commercial janitorial services throughout the United States since the 1970's. The four key owners/executives of Kimco have over 120 years of combined industry experience as well as significant ownership in Kimco, thus creating a strong alignment of interest with Alaris and management continuity. Management of Alaris believes that Kimco is one of the largest businesses in a highly fragmented industry, which is estimated by management to generate over $50 billion in annual sales in the United States. Kimco is one of only a small group of businesses in this industry that operates on a national scale. Services are provided in three business segments: commercial/retail, hospitality and malls. The majority of Kimco’s revenue is generated under long-term contracts (generally 1 to 3 years). Kimco services more than 375 customers, which range in size from multi-location national customers to regional single site customers.
|Industry:||Industrials: Commercial Janitorial Services|
|Capital Invested:||US$32.2 million|
|Annualized Distribution to Alaris:||
|Partner Since:||June 2014|