Pearlman Group Acquires Excel Cleaning and Restoration Supplies - Modern Distribution Management

Pearlman Group Acquires Excel Cleaning and Restoration Supplies

Florida-based Excel, a distributor of professional cleaning, restoration, pressure washing, and janitorial equipment and supplies, expanded Pearlman Group’s portfolio into adjacent markets.
M&A

Norcross, Georgia-based Pearlman Group announced Tuesday that it has acquired Excel Cleaning and Restoration Supplies. Terms of the transaction weren’t  disclosed.

Founded in 1988 and headquartered in Fort Myers, Florid, Excel is a distributor of professional cleaning, restoration, pressure washing, and janitorial equipment and supplies in the Southeast. In addition to equipment and supplies, Excel also offers consulting, training, and equipment repairs. Matt and Julia Nelson, owners of Excel, along with the current management team and employees will continue to operate the company in partnership with the Pearlman team.

“We have been seeking to expand Pearlman into adjacent end markets and identified the restoration and professional cleaning markets as a top priority,” said Pearlman CEO Scott McLendon. “We were immediately impressed with Matt and his team of seasoned industry professionals and are excited to expand our capabilities into these markets in partnership with the Excel team.”

Pearlman Group, a portfolio company of The Stephens Group, LLC, is a multi-channel developer and specialty distributor of supplies, tools and equipment used in the fabrication and maintenance of hard surfaces for residential, commercial, and industrial end-markets.

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