/PRNewswire/ Princeton Equity Group ("Princeton"), a private equity firm exclusively focused on the franchisor and multi-unit industry, announced today the.
This story appears in the April 2021 issue of
Kim Gubera may seem like an unlikely CEO for Pirtek. The industrial-services franchise performs hydraulic and industrial hose repair. But Gubera doesn’t have an engineering background. She was trained as an accountant, and she joined the company in 2016 as corporate controller. In 2019, when she was promoted to CEO, she was apprehensive about leading a company whose 75 U.S. franchisees she estimates to be 95 percent male with career expertise in hydraulics. But she found a community of franchisees that respected her business background and were eager to collaborate with the corporate office and each other. That community stayed strong in 2020, as Pirtek’s business held steady during a tumultuous time. Now she is looking forward to 2021, and feels certain that the lessons from last year have prepared the company for anything.
PIRTEK Plans for International Growth into Canada
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ROCKLEDGE, Fla., April 8, 2021 /CNW/ PIRTEK, a global service provider for on-site hydraulic and industrial hose replacement and related product retailer, is expanding its brand presence into Canada. PIRTEK recognizes the Canadian hydraulic hose industry demand is high, yet the country largely lacks a strong franchise brand s existence to provide service. PIRTEK will concentrate on targeting at least one new location in each province in Canada.
Currently, PIRTEK operates in 23 countries with more than 430 units across the globe. Despite the pandemic, it has continued its growth over recent years, up 7% in sales and 28.5% in unit increase from June 2019 to June 2020. The company s extensive growth and success has led PIRTEK to seek out more international markets. It has set its sights on Canada to meet the hose repair and replacement need, similar to the U.S. demand, yet lacking a
PIRTEK Plans for International Growth into Canada
News provided by
Share this article
th Country
ROCKLEDGE, Fla., April 8, 2021 /PRNewswire/ PIRTEK, a global service provider for on-site hydraulic and industrial hose replacement and related product retailer, is expanding its brand presence into Canada. PIRTEK recognizes the Canadian hydraulic hose industry demand is high, yet the country largely lacks a strong franchise brand s existence to provide service. PIRTEK will concentrate on targeting at least one new location in each province in Canada.
Currently, PIRTEK operates in 23 countries with more than 430 units across the globe. Despite the pandemic, it has continued its growth over recent years, up 7% in sales and 28.5% in unit increase from June 2019 to June 2020. The company s extensive growth and success has led PIRTEK to seek out more international markets. It has set its sights on Canada to meet the hose repair and replacement need, similar to the U.S. demand, yet la
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