Gridiron Capital, LLC Brings Significant Industry Expertise to The Service Companies

MIAMI LAKES, Fla., Aug. 22, 2018 /PRNewswire-PRWeb/ -- The Service Companies, Inc. ("The Service Companies") announced the appointment of Mike Latham as Executive Chairman. Mr. Latham joins The Service Companies as part of the acquisition of MCR Facility Services ("MCR"). Prior to founding MCR, Mr. Latham was President of both the Engineering and Facilities Services companies for ABM Industries. Before joining ABM, Mr. Latham held key executive roles with Ford Land, a wholly owned subsidiary of Ford Motor Company, and Aramark Facility Services. Mr. Latham will partner with The Service Companies' management team to set the strategic direction of the company, execute on operational initiatives, and drive continued profitable growth. Cornel Sneekes, the Chief Operating Officer of MCR, is also joining the Service Companies as SVP of Engineering Services, focusing on building The Service Companies' newly launched business unit, Engineering Services. Prior to MCR, Cornel held executive positions at ABM, ABLE and ISS. In addition to the executive announcements, Gridiron Capital added Bill Leonard and David Farwell as Board members. Mr. Leonard was previously the President and CEO of Aramark Corporation, and Mr. Farwell served in a variety of senior management positions at ABM Industries. Mr. Leonard and Mr. Farwell are excited to partner with The Service Companies' management team.

"These are exciting appointments for our company," said Steve Wilson, President and CEO of The Service Companies. "Mike Latham is an industry professional with strategic vision, dynamic leadership skills and deep institutional knowledge, all of which will benefit our entire organization and clients. With the addition of Mike, Cornel, Bill and David, The Service Companies takes another significant step in realizing its vision to be the true one-stop-shop for outsourced services to the hospitality and gaming industries."

"We are thrilled to have Mike Latham, Cornel Sneekes, Bill Leonard and David Farwell join the team. Their leadership, industry expertise, and strong relationships will be key to achieving our goal to continue the growth trajectory and quality focus of The Service Companies," stated Tom Burger, Managing Partner of Gridiron Capital.

Scott Harrison, Managing Director & Chief Operating Officer at Gridiron Capital, added, "We have been fortunate to work with Mike on other Gridiron Capital portfolio companies and couldn't be more enthusiastic about his acceptance as Executive Chairman for this strategic addition to our company. We look forward to providing Gridiron Capital's full range of support to the management team and the Board at The Service Companies."

About The Service Companies

The Service Companies portfolio consists of Heart of House Services, Acrobat Outsourcing, JRS International and Engineering Services, four of the most widely known service providers dedicated to the hospitality industry. The Service Companies operates in 33 states, Puerto Rico, and the Bahamas, providing services ranging from turn-key housekeeping and stewarding services to EVS cleaning of public areas, kitchens, windows and chandeliers to fully trained staffing services and facility services. Led by an executive team with more than 200 years of combined experience at AAA Four and Five Diamond-rated hotels and casinos, The Service Companies has an impressive track record serving leading casino, hotel and resorts. The Service Companies' model delivers both consistently high levels of service quality and improved performance at the bottom line. For more information on The Service Companies, please call (800) 385-8800 or visit http://www.theservicecompanies.com.

SOURCE Gridiron Capital, LLC