Pavement Maintenance Service

Leading Line Striping and Pavement Maintenance Franchise’s Partnership with Private Investment Firm to Drive Enhanced Offerings, Increased Service Capacity, and Accelerated Growth

HOUSTON — EverLine Coatings and Services, a top provider of line painting, pavement maintenance, and other essential facility services, has secured a strategic investment from Red Iron Group, a Menlo Park, California-based private investment firm. The partnership reflects EverLine’s successful journey towards becoming the premier self-performing commercial and industrial facility services brand across North America.

The growth equity investment will be used to enhance EverLine’s existing systems further while increasing capacity, ensuring that the company can meet the growing demand for its services across North America. With the capital backing and strategic expertise of Red Iron Group, EverLine will accelerate its expansion into new markets and continue providing the high-quality service it is known for while laying the foundation to revolutionize the facility services industry. EverLine’s CEO and founder, John Evans, will continue to lead the company with his ownership of the business.

Positioned to Enhance Offerings and Accelerate Growth

“With the support of Red Iron Group, we are poised to elevate our service offerings and expand our reach as we continue to grow across North America,” said Evans. “We are committed to staying true to our values and continuing to provide the exceptional service that our customers have come to expect, all while gaining the enhanced resources necessary to take our brand to the next level.”

Highlights of the new partnership include the following:

• System Enhancements: By investing in advanced technology platforms and innovative service tools, EverLine will increase efficiency across its network of franchisees. These enhancements will streamline operations, improve service delivery times, and provide real-time insights to customers, further solidifying EverLine’s position as a leader in facility services.
• Expansion of Franchise and Service Capacity: EverLine will expand into previously untapped markets, enabling the brand to expand its footprint across North America. This will enhance its overall service capacity, empowering EverLine to take on larger contracts and serve an expanded customer base. The increased resources will position the company to more thoroughly capture the growing demand for its services while maintaining its commitment to quality and consistency.

Toward the Future
“As a founder-led company well-positioned for significant future growth and market leadership in a highly fragmented industry, EverLine is an ideal partner for Red Iron Group to support,” said Jason Klein, Co-CEO at Red Iron Group. “We are thrilled to work closely with John Evans and his management team as they continue to extend their reach, transform operations, integrate leading technology, enhance offerings, and drive further value for customers and franchisees. We look forward to all we can achieve together in positioning EverLine as the leading choice for commercial and industrial facility services across North America.”

Line Striping & Pavement Maintenance Franchise Achieves National Recognition After Rapid Year of Expansion

HOUSTON — EverLine Coatings, North America’s fastest-growing line striping and pavement maintenance service business is announcing significant growth, accolades, and a momentous milestone achieved in 2023. The brand saw massive growth, including reaching 100 locations in the United States and Canada, while also being nationally recognized in the franchise space with top honors.

These achievements have been achieved after just a year and a half in the U.S. market, following the company’s expansion from Canada beginning in spring 2022. Throughout the year, the brand experienced substantial growth, adding 37 new franchisees across every region of the country, further enhancing access to high-quality line stripping and pavement maintenance services.

The significant accomplishments achieved by the brand in 2023 include:

• Debut on Entrepreneur’s Franchise 500: The brand has earned recognition for its exceptional performance in areas such as unit growth, financial strength, and stability in its debut placement on Entrepreneur’s 2024 Franchise 500 rankings. EverLine secured the 460th position on highly- competitive annual ranking, which is based on criteria encompassing overall cost, size and growth, support, and overall brand strength. This ranking signifies a significant accomplishment for many emerging brands making their mark in the franchise space.
• Franchise Business Review Recognition: The franchise also garnered national recognition in the Franchisee Satisfaction Awards of 2024 as one of the Top 200 Franchises by the Franchise Business Review. Rankings are based on surveys shared by the brand’s franchisees according to criteria including core values, training and support, executive leadership, financial opportunity, franchisee community, and overall satisfaction. EverLine Coatings ranked 42nd in the Top 50 Large franchises category for concepts with between 160 and 379 total units. Additionally, EverLine Coatings was acknowledged in the Services category, securing the 13th position among service providers.
• Opening of 100^th Location: The location, in Cleveland, Ohio, is owned and operated by local franchisees Andrew Pearce and Colin Centra. The duo, who have backgrounds in engineering, real estate, and entrepreneurship, have joined the diverse number of EverLine Coatings franchisees who have joined the system since the brand began expansion into the United States over the last two years.

“EverLine has continued to push the envelope for what can be offered in the franchise system when it comes to world-class line striping and pavement maintenance,” said John Evans, founder and CEO of EverLine Coatings. “These achievements reflect our commitment to sustained growth, brand strength, and financial resilience during the challenging times of the last few years. We are excited about the future as we continue to make our mark and set new standards in the dynamic world of franchising.”

EverLine Coatings offers various parking lot services, including striping and pavement maintenance, sealcoating, crack sealing, and repair. The franchise also offers specialized services including custom branded stenciling with durable traffic products, etc. Additionally, the brand has built a credible reputation among national accounts serving the pharmacy, retail, and convenience store sectors with interior floor coating applications for safety lines, slip-resistant, and protective epoxy floor coatings in industrial centers through its EverFloor Durable Systems brand division.

For information on becoming a franchisee, please visit: https://everlinefranchise.com/us/