About Sweeping Corporation of America
Sweeping Corporation of America is a company based in Cleveland (United States) founded in 1998 was acquired by Warburg Pincus in November 2020. It operates as a Professional Services, and Managed Services. The company has 46 employees as of December 31, 2022. Sweeping Corporation of America has completed 11 acquisitions, including CleanStreet, Contract Sweepers and Equipment and Envirosweep. Sweeping Corporation of America offers products and services including Street & Highway Sweeping, Parking Lot & Garage Cleaning, JetVac Services, Milling & Paving Support, and Construction Site Cleanup. Sweeping Corporation of America operates in a competitive market with competitors including Kept Companies, Pritchard Industries, Jan-Pro Franchising, 4M Building Solutions and Astro Pak, among others.
- Headquarter Cleveland, United States
- Employees 46 as on 31 Dec, 2022
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Sectors
Business Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Sweeping Corporation Of America
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$106 M (USD), Debt – Conventional
Jun 28, 2019
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Investors
Comerica
& 2 more
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Employee Count
46
as on Dec 31, 2022
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Investments & Acquisitions
CleanStreet
& 10 more
- Acquired by
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Products & Services of Sweeping Corporation of America
Sweeping Corporation of America offers a comprehensive portfolio of products and services, including Street & Highway Sweeping, Parking Lot & Garage Cleaning, JetVac Services, Milling & Paving Support, and Construction Site Cleanup. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Streets and highways are cleaned using advanced equipment.
Parking areas are maintained for positive customer impressions.
Storm and wastewater issues are addressed with professionalism.
Paving projects are supported with efficient sweeping operations.
Construction sites are cleaned for project completion needs.
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Funding Insights of Sweeping Corporation of America
- Total Funding Total Funding
- Total Rounds 2
- Last Round Debt – Conventional — $106.0M
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First Round
First Round
(11 Feb 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2019 | Amount | Debt – Conventional - Sweeping Corporation of America | Valuation |
investors |
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| Feb, 2018 | Amount | Debt – Conventional - Sweeping Corporation of America | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Sweeping Corporation of America
Sweeping Corporation of America has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Comerica, Warburg Pincus and Soundcore Capital Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Multi-stage private equity investments are pursued across diverse sectors.
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Founded Year | Domain | Location | |
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Soundcore Capital Partners is engaged in private equity investments.
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Founded Year | Domain | Location | |
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Commercial banking services are provided to businesses and individuals.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Sweeping Corporation of America
Sweeping Corporation of America has strategically engaged in corporate development activities, having acquired 11 companies. Notable acquisitions include CleanStreet, Contract Sweepers and Equipment and Envirosweep. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of waste management services
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2019 | ||||
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Residential and commercial street sweeping services are provided.
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2014 | ||||
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Commercial sweeping and ancillary services are provided to businesses.
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2003 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Sweeping Corporation of America
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Sweeping Corporation Of America Comparisons
Competitors of Sweeping Corporation of America
Sweeping Corporation of America operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Kept Companies, Pritchard Industries, Jan-Pro Franchising, 4M Building Solutions and Astro Pak, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Commercial cleaning services are provided to businesses by Kept Companies.
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| domain | founded_year | HQ Location |
Provider of carpet cleaning, emergency response, floor care and recycling services
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| domain | founded_year | HQ Location |
Provider of commercial cleaning services
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| domain | founded_year | HQ Location |
Cleaning services for buildings are provided nationwide.
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| domain | founded_year | HQ Location |
Commercial cleaning services are provided across various sectors.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Sweeping Corporation Of America
Frequently Asked Questions about Sweeping Corporation of America
When was Sweeping Corporation of America founded?
Sweeping Corporation of America was founded in 1998 and raised its 1st funding round 20 years after it was founded.
Where is Sweeping Corporation of America located?
Sweeping Corporation of America is headquartered in Cleveland, United States. It is registered at Cleveland, Ohio, United States.
How many employees does Sweeping Corporation of America have?
As of Dec 31, 2022, the latest employee count at Sweeping Corporation of America is 46.
What does Sweeping Corporation of America do?
Sweeping Corporation of America is involved in delivering power sweeping and JetVac services to various sectors including government, commercial, construction, industrial, and residential markets. Services are provided for streets, highways, parking lots, construction sites, and industrial facilities, ensuring cleanliness and compliance with EPA regulations. Specialized solutions are offered for milling, paving, oil spills, and special events, supported by a fleet of over 2,350 vehicles and a team of 2,000 safety-focused employees. Operations are conducted across 70 facilities nationwide, focusing on reliability, safety, and environmental impact reduction.
Who are the top competitors of Sweeping Corporation of America?
Sweeping Corporation of America's top competitors include Pritchard Industries, Jan-Pro Franchising and Astro Pak.
What products or services does Sweeping Corporation of America offer?
Sweeping Corporation of America offers Street & Highway Sweeping, Parking Lot & Garage Cleaning, JetVac Services, Milling & Paving Support, and Construction Site Cleanup.
How many acquisitions has Sweeping Corporation of America made?
Sweeping Corporation of America has made 11 acquisitions, including CleanStreet, Contract Sweepers and Equipment, and Envirosweep.
Who are Sweeping Corporation of America's investors?
Sweeping Corporation of America has 3 investors. Key investors include Comerica, Warburg Pincus, and Soundcore Capital Partners.
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