Pearlman Group Acquires CleanSource
March 22, 2022
Pearlman Group, a portfolio company of The Stephens Group, has acquired CleanSource, Inc., a Columbia, South Carolina-based distributor of professional cleaning and restoration supplies. Terms were not disclosed; CleanSource’s founders (the Stutts family) will transition ownership while Jonathan Stutts and the CleanSource team continue operating the business as part of Pearlman’s specialty distribution platform.
- Buyers
- Pearlman Group, The Stephens Group, LLC
- Targets
- CleanSource, Inc.
- Sellers
- Herb and Susan Stutts / the Stutts family
- Platforms
- Pearlman Group
- Industry
- Industrial Services
- Location
- South Carolina, United States
- Transaction Type
- Addon
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