N&C Service, Inc.
Pragma Ventures
I’m Phil Erickson, Vice President of N&C Service Inc.,
a local janitorial company. My partner, Mark Chapin and I first
retained Ray Hanson to analyze our purchase of N&C Service
from the founder, Paul Nagel. Paul founded N&C Service in
1964 and built it into a well respected business. We had both
been working for Paul for some time and he felt comfortable enough
with our working philosophies to consider a sale to us. Ray helped
us determine the value of the company and prepare us for what
to expect and what we could do to continue growth.
We started to grow quickly and Ray acted as an advocate for N&C
Service in negotiating with Ben Sferle to become our Operations
Manager. The agreement is an on-going growth plan that not only
helps the company, but gives Ben the added incentive and stability
he was looking for. We came to agreement as to what was fair and
equitable for all of us.
Consulting with Ray regularly has helped us keep our focus on
our goals and direction of our original business plan. We now
have what we consider to be the best customer service and building
maintenance program available in our industry.
We continue to look to Ray for advice on hiring decisions, valuation
of our company, growth strategies and general business questions.
With Ray’s background in buying and selling businesses,
We know we can always get honest feedback to make the right moves
at the right time.
Phil Erickson, Vice President
N&C Service, Inc.
201 SE 3rd Avenue
Portland, OR
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