July 13, 2022
Bessemer Investors LLC Partners with Rotoco, LLC, the Largest Franchisee of Roto-Rooter, the Leading Plumbing and Drain Services Brand in North America
Bessemer Investors LLC (“Bessemer”), a New York-based investment firm, announced today that it has made a strategic investment in RotoCo, LLC (“RotoCo” or the “Company”) headquartered in North San Diego County, CA. RotoCo is the largest franchisee of the Roto-Rooter Plumbing and Drain Service in the US and Canada, with branches and franchises in California from Sacramento to San Diego. Bessemer is partnering with RotoCo’s existing management team, including Founder and CEO, Jim Holcomb, and President, Brian McCann, who will both continue to lead the Company in their current roles. Financial terms of the transaction were not disclosed.