About Xanitos
Xanitos is a company based in Newtown Square (United States) founded in 2008, and was acquired by Bessemer in December 2025. Outsourced hospital environmental services and support are provided by Xanitos. Xanitos has raised $15.77 million across 6 funding rounds from investors including InvestMichigan!, Angeles Equity Partners and Bessemer Investors. The company has 1,932 employees. Xanitos has completed 1 acquisition, including Legion Building Services. Its chief executive, as recorded, is Michael Bailey.
Company details
Xanitos was founded in 2008 and is based in Newtown Square, United States. Outsourced environmental services for hospitals are delivered, including housekeeping, ambulatory cleaning, patient transport, observation, and laundry management. Customized programs are developed to address specific hospital requirements, with operations focused on cleanliness, safety, and infection risk reduction through staffing and training initiatives in the healthcare sector.
- Headquarters Newtown Square, United States
- Employees 1,932
- Stage Acquired
- Email••••••••
- Website xanitos.com
- Social LinkedIn X
- Acquired by Angeles Equity Partners (Jun 2021)
- Total Equity Funding$15.77M (USD)
in 6 rounds
- Latest Funding Round$2.17M (USD), Series A
Aug 2018
- InvestorsInvestMichigan!
& 2 more
- Employee Count1,932
- Investments & Acquisitions
- Acquired by
Funding Insights of Xanitos
Xanitos has successfully raised a total of $15.77M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $2.17 million completed in August 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $15.77M
- Total Rounds 6
- Last Round Series A — $2.17M
- First Round $1.5M
(Feb 2010)
- Investors Count 1
All 6 funding rounds of Xanitos with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2018 | $2.17M | Series A | – | – | – |
| Apr 2014 | $1.5M | Debt – Conventional | – | – | – |
| Sep 2013 | $2M | Series A | – | – | – |
| Nov 2012 | $5M | Series A | – | – | – |
| Sep 2010 | $5.1M | Series A | – | InvestMichigan! | – |
| Feb 2010 | $1.5M | Seed | – | – | – |
3 investors in total: 3 institutional.
Investors in Xanitos
Xanitos has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include InvestMichigan!, Angeles Equity Partners and Bessemer Investors.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investments are directed toward US companies. | investmichiganfund.com | Michigan, United States | ||
Bessemer Investors is engaged in private equity investment management. | bessemerinvestors.com | New York, United States | ||
Angeles Equity Partners is focused on industrial sector investments. | angelesequity.com | Los Angeles, United States |
Investor details for Xanitos
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Xanitos
74 people are tracked at Xanitos (37 in leadership, 37 in team); the tracked headcount is 1,932.
| Name | Role | Group |
|---|---|---|
Michael Bailey | CEO & President | Leadership |
George Floyd Jr | Assistant Director Of Operations | Leadership |
Dacin C Marshall | Director Of Accounts Management - Midwest/ East/ Northeast | Leadership |
Ron Baham | Director Of Operations | Leadership |
Dave Crothall | Chief Executive Officer | Leadership |
Richard Polk | Assistant Director | Leadership |
Fabian Arreola | Director | Leadership |
Tina Perez | HR Business Partner, West | Leadership |
Kelly Griswold | National Director Of Education And Safety | Leadership |
Bobbi Booher | Chief Financial Officer | Leadership |
Craig Hodges | Chief Information Officer | Leadership |
Victor Banks | Regional Training Director, West | Leadership |
Clay Huntsman | Vice President Of Operations, Midwest | Leadership |
Jason Wagner | Regional Director, Mid-atlantic Region | Leadership |
Alice Warner | Vice President Of Operations, West | Leadership |
Shawn Wootten | Regional Director, Northeast | Leadership |
Virginia Milloway | Director Of Payroll | Leadership |
Brian Reyes | Chief Revenue Officer | Leadership |
John Strength | Chief Operating Officer | Leadership |
Alex May | Vice President Of Operations, East | Leadership |
54 more people are available in the full profile.
Complete people profiles for Xanitos
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Xanitos
Xanitos has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Legion Building Services.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Hospital cleaning services are provided by Legion to medical facilities. | legionbldsvcs.com | 2011 | Apr 2022 | •••• |
Complete acquisition details for Xanitos
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Xanitos
6 dated milestones of Xanitos across 17 years, from founding to its latest funding, stage changes and deals.
- Founded Xanitos is founded.
- Funding First funding round of $1.5M.
- Funding Latest funding round, Series A, of $2.2M.
- Exit Acquired by Angeles Equity Partners.
- Acquisition Acquires Legion Building Services.
- Exit Acquired by Bessemer.
Web traffic of Xanitos
The website of Xanitos (xanitos.com) receives about 6.1K visits a month.
- Monthly visits6.1K
▼ 15% vs previous month
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Frequently Asked Questions about Xanitos
Xanitos was founded in 2008 and raised its 1st funding round 2 years after it was founded.
Xanitos is headquartered in Newtown Square, United States. It is registered at Newtown Square, Pennsylvania, United States.
Michael Bailey is the CEO of Xanitos, as recorded in our data.
Xanitos is a funded company, having raised a total of $15.77M across 6 funding rounds to date. The company's 1st funding round was a Seed of $1.5M, raised on Feb 2010.
Xanitos has 1,932 employees.
Xanitos was founded in 2008 and is based in Newtown Square, United States. Outsourced environmental services for hospitals are delivered, including housekeeping, ambulatory cleaning, patient transport, observation, and laundry management. Customized programs are developed to address specific hospital requirements, with operations focused on cleanliness, safety, and infection risk reduction through staffing and training initiatives in the healthcare sector.
Xanitos has made 1 acquisition, including Legion Building Services.
Xanitos has 3 investors. Key investors include InvestMichigan!, Angeles Equity Partners, and Bessemer Investors.
Yes. Xanitos was acquired by Angeles Equity Partners in June 2021.