SWSH Profile
Swisher Hygiene, Inc. (SWSH) was a company that provided hygiene and sanitation solutions to commercial and institutional customers. The company offered products and services such as cleaning chemicals, restroom hygiene systems, and paper products, as well as related services such as cleaning, sanitizing, and disinfecting.
However, Swisher Hygiene faced significant financial and legal challenges in the years following its initial public offering in 2010. In 2015, the company filed for Chapter 11 bankruptcy protection, citing a lack of liquidity and mounting debt. After the bankruptcy filing, Swisher Hygiene sold off many of its assets, and in 2016 the company's remaining assets and liabilities were sold to Ecolab Inc.
The history of Swisher Hygiene serves as a cautionary tale of the risks associated with highly leveraged, rapidly growing companies that fail to achieve profitability and liquidity. Despite its promising start and high-profile investors, the company ultimately succumbed to the pressures of debt and poor financial performance.
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