Portable Sanitation Association International

Sept 4 PDF

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W EEKLY EDITION SEPTEMBER 4, 2019 Note: The PSAI is committed to bringing Members industry news. It creates original content and it aggregates news that appears in other sources. Unless otherwise stated in organizational documents or in Association Insight newsletters, the PSAI does not have or take a position on the content of news items from other sources. Full In Partners Leads Significant Growth Investment in ServiceCore LAKEWOOD, CO - ServiceCore , the leading provider of business management software for the liquid waste and roll - off rental industry, announced that growth equity investor Full In Partners ("Full In") has agreed to acquire a significant interest in the company to enable ServiceCore t o continue its rapid growth and expansion. Founded in 2016 by waste software industry veterans John Gadeken and Ori Staub, ServiceCore empowers more than 350 companies across the $8.5B liquid waste industry to better manage their routing, scheduling, acco unting, and invoicing. Upon closing, Gadeken stated "We're excited to partner with the Full In team. The firm's values closely resonate with ours, and we couldn't imagine anyone better - suited to help us continue to deliver world class products to our growi ng customer base." Gadeken and Staub will continue to lead the company post - close. "We could not be more excited to work with John, Ori, and the ServiceCore team" said Jess Davis, Managing Director at Full In. "As the liquid waste industry transitions fro m pen and paper - based processes to software tools, we believe the company is uniquely positioned to help waste transportation companies transform their processes and operate more efficiently." Elodie Dupuy, Managing Director at Full In, added "We launched Full In with the intent of being true partners to entrepreneurs. ServiceCore represents a core component of our investment strategy – proactively identifying and backing rapid growth software companies where our capital, partnership strategy and deep oper ational network can create outsized returns for the founders we back as well as our investors." In keeping with Full In's core principle of providing meaningful value to entrepreneurs, the company plans to execute against a co - developed 90 - day plan post - c lose, which will see the rapid expansion of ServiceCore's sales and marketing infrastructure, the build out of significant product enhancements, and the exploration of related industry verticals. P AGE 17

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