PHILADELPHIA, PA -
Eureka Equity Partners (“Eureka”) today announced that its portfolio company Exterior Maintenance Resources Inc. d/b/a Merit Service Solutions (“Merit” or the “Company”), a leading national provider of outsourced exterior facilities management services, added industry veteran Harry J. Carpenter to its Board of Directors.
Mr. Carpenter recently served as President of the Landscape Maintenance Division of Brightview Corporation, a national provider of landscape design, construction and maintenance services, and a KKR portfolio company. Prior to joining Brightview, Mr. Carpenter spent over 25 years at Aramark, most recently serving as President and Chief Operating Officer, Business & Industry, one of Aramark’s largest market sectors. Mr. Carpenter’s other leadership roles at Aramark included Senior Vice President, Chief Financial Officer of North American Food, Hospitality and Facility Services and Senior Vice President, Chief Financial Officer of Aramark’s Healthcare and Education Group.
“We are extremely excited to welcome Harry to the Merit Board,” said Chris Hanssens, Managing Partner of Eureka and Chairman of Exterior Maintenance Resources, Inc. “Harry brings not only directly relevant experience in Merit’s industry vertical and broader distributed services, but a career of demonstrated success driving operational excellence and developing and executing on growth-oriented strategic initiatives. I know I speak for the entire Merit executive management team and Board of Directors when I say we are thrilled to have Harry on the Merit team and look forward to what I am confident will be immediate and significant contributions to Merit’s growth and long-term value creation.”
About Eureka Equity Partners
Eureka Equity Partners is a private equity firm targeting niche market leaders with up to $100 million in revenue across industry segments in which Eureka brings significant experience and operating resources, including business services, health care services, specialty industrials and consumer. Eureka focuses on partnering with proven managers to drive the growth of promising companies into outstanding enterprises. Eureka leads buyouts that bring significant ownership to the operators driving the success of the business. With this core principle that aligns the interests of our operators and our investors, Eureka is also experienced and comfortable effecting minority recapitalizations with flexible investment structures designed to uniquely meet the needs of the company, its management team and other shareholders. More information about Eureka Equity Partners can be found at
www.eurekaequity.com.
Eureka Equity Partners, L.P. is a Pennsylvania-based investment adviser registered with the Securities and Exchange Commission under the Investment Advisers Act of 1940. Registration as an investment adviser does not imply a certain level of skill or training. The Funds managed by Eureka are unregistered, privately offered funds and are comprised only of private equity investments. Eureka does not solicit or make its services available to the public or other advisory clients. This press release is intended solely to provide information regarding Eureka’s potential capabilities for prospective portfolio companies, and is not an offer to sell to any person, or a solicitation from any person of an offer to buy, any securities. This is not considered an advertisement, testimonial or endorsement of the advisory services of Eureka Equity Partners nor an offer to provide new advisory services.