What is Fitch?
Fitch Co. operates as a comprehensive provider of facility maintenance solutions, distinguishing itself in the janitorial supply distribution market. Leveraging the collective purchasing power of ProLink, exceeding $500 million annually, Fitch Co. meticulously selects top manufacturers for its extensive private label offerings. With over 118 years of accumulated experience, the company excels in educating clients on Cleaning Best Practices. Its Service Center boasts a repair capability for over 70 brands and types of equipment, establishing Fitch Co. as the region's largest Manufacturer AAA-rated service center. The sales and customer service teams are rigorously trained, holding certifications in 24 custodial training programs, enabling them to effectively support customer needs. The company also emphasizes specialized training, including a CIMS-certified trainer and a CITS-certified trainer recognized by the ISSA, facilitating employee certification and enhanced job understanding. Furthermore, Fitch Co. actively assists customers in maintaining OSHA compliance and preserving product warranties, particularly for Forbo flooring. The company also highlights its commitment to diversity and community, with its building located in a federally recognized Hubzone and over 35% of its workforce originating from such areas. Fitch Co. has maintained WBE and LDBE certifications since July 1998 from various authorities including MDOT, the City of Baltimore, the Washington Metropolitan Airport Authority, and the State of VA.
How much funding has Fitch raised?
Fitch has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in Fitch
PPP
Public-Private Partnership
What's next for Fitch?
The substantial capital raised, particularly the recent major strategic investment, positions Fitch for significant expansion and operational enhancement. This influx of funding is likely to be directed towards scaling its distribution network, enhancing its private label product lines, and further developing its specialized training and service center capabilities. The company's focus on best practices, compliance, and customer support, combined with its strong industry experience and commitment to diversity, provides a solid foundation for future growth and market leadership in facility maintenance solutions.
See full Fitch company page
