Pritchard Industries Acquired by Private Investment FirmOctober 14, 2021
Pritchard Industries Inc. has been acquired by Littlejohn & Co. LLC, a private investment firm based in Greenwich, Connecticut.
Per the terms of the transaction, Jay Leyden, Pritchard president and CEO, and the company’s senior management team will remain significant owners of the company. Financial details of the purchase were not disclosed.
“Littlejohn has a strong track record building long-term value and creating enduring success for its portfolio companies, and we are thrilled to have their backing during this next phase of our evolution,” said Leyden. “This is an exciting day for our company, and I look forward to partnering with Littlejohn’s experienced team to create greater opportunities for our customers and team members.”
About Pritchard Industries
Founded in 1986, Pritchard Industries, Inc. is a Florham Park, New Jersey-based contractor providing janitorial, engineering, exterior, and specialty services to more than 900 clients across 24 states. For more information, visit www.pritchardindustries.com.