We are happy to announce some exciting news at Next Gear Solutions. We have decided to partner with Serent Capital, a Private Equity firm in San Francisco, CA. This partnership represents the latest in a series of humbling confirmations that the Next Gear team is on the right path and has a lot of opportunity to innovate in the Restoration Management industry. A unique aspect of Next Gear has always been that we are closely held with our employees tied to the equity we are building. This partnership with Serent Capital has not changed that structure but has enhanced it. We in the past avoided many other Private Equity firms out of fierce protection to our customer-driven development, management philosophy, and internal culture. Getting to know Serent and their core values changed our view on what a partnership like this could do for our company, our clients, and the industry at large. We are excited about what a partnership like this will allow us to accomplish and look forward to our clients feeling the positive impacts as we work to once again raise the bar in innovation, service, and delivery.
