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Latest Gordon Gamble News

Canadian Entrepreneur Acquires PuroClean Canada from U.S. Owners

Feb 3, 2015

Gordon Gamble Looks to Continue Rapid Growth of Property Restoration Franchise Throughout Canada February 03, 2015 07:00 AM Eastern Standard Time TORONTO--( BUSINESS WIRE )--Canadian entrepreneur Gordon Gamble announced today he has acquired PuroClean Canada from its original U.S. owners, providing the premiere property emergency restoration franchise with increased opportunities for continued growth and success throughout the country as the master franchise. Gamble, who joined U.S. franchisor parent company PuroSystems, Inc. in 2008 as the Director of Franchise Development in Canada, opened his first three PuroClean franchises in June, 2009. By the end of 2009 it was evident that due to the rapid growth, forming a separate Canadian company was necessary. On January 1, 2010, a Canadian corporation under the trade name “PuroClean Canada” began to manage and support all Canadian franchise operations and additional franchises were opened throughout the country. As the President of PuroClean Canada, Gamble helped grow the brand to 31 franchise locations throughout 5 of the 10 provinces in Canada. The acquisition by Gamble makes PuroClean Canada an official Canadian-based and -owned company, separate from PuroSystems, Inc., which operates PuroClean franchises in the United States. With the master franchise license of the PuroClean brand in Canada, the company will maintain day-to-day operations and set strategic direction for the Canadian Market; and simultaneously enjoy the sharing of fellowship best practices and mutual support with the U.S. company. “Gordon’s incredible passion and belief in the PuroClean brand has brought him to the well-deserved position he’s in today,” said Steve White, President and COO of PuroClean in the United States. “The master license signifies PuroClean’s commitment to enhance the brand’s footprint and growth in Canada. Nobody is more trustworthy or better equipped to lead that growth than Gordon.” “Coming out of retirement to build a Canadian presence for PuroClean and now to own the company in Canada is very rewarding,” Gamble said. “The acquisition provides PuroClean Canada with a greater ability to be nimble and react to market and industry situations that are unique to Canada, allowing potential for stronger growth.” Each year, PuroClean Canada performs restoration services from common household mishaps to large scale disasters. The company currently has a comprehensive network of 31 franchise offices throughout Canada. About PuroClean Canada PuroClean is a leading commercial and residential restoration franchising company. The company has 31 franchise offices offering fire and water cleanup and restoration services, mould mitigation and remediation, and biohazard cleanup and removal. PuroClean’s certified technicians are thoroughly screened, insured and trained in utilizing the latest in mitigation technology and procedures, while operating under a strict code of ethics. In addition to serving the needs of property owners, PuroClean and its franchise offices offer hundreds of continuing education classes each year to insurance professionals and property service providers. For more information please visit www.puroclean.ca or call 905-477-7876. President Gordon Gamble can be contacted at GGamble@PuroClean.ca and John Tagle Senior Vice President can be contacted at JTagle@puroclean.ca . Contacts

Gordon Gamble Acquisitions

1 Acquisition

Gordon Gamble acquired 1 company. Their latest acquisition was PuroClean on February 03, 2015.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

2/3/2015

$99M

Acquired

1

Date

2/3/2015

Investment Stage

Companies

Valuation

$99M

Total Funding

Note

Acquired

Sources

1

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