October 22, 2015, Standardized Sanitation Systems, Inc. (d.b.a. Triple S) selected ISSA/INTERCLEAN North America 2015 as the venue to launch its newest strategic initiative. After opening remarks by past Board Chairman John Treat, Treat's Solutions, LLC, Oklahoma City, OK, and incoming Board Chairman, Kenneth Crutcher, Kenway Distributors, Inc., Louisville, KY, Triple S President, Alan Sadler took invited guests through an overview of the "Next Big Thing" for Triple S, the creation of a new division, Triple S Holdings, Inc.
President Sadler informed the attendees that Triple S Holdings, Inc.'s primary mission is to establish company-owned branches in open or transition markets. "Triple S Holdings will provide a new option for owner-principals (Member and Non-members) that are looking to exit their distribution businesses", stated Mr. Sadler. The newly created division will also look to assist current Triple S Members that wish to expand through acquisition or greenfield startups. A majority of the shares in Triple S Holdings, Inc., will be held by Standardized Sanitation Systems, Inc., and one or more corporate officers of Standardized Sanitation Systems, Inc. Initially Mr. Sadler will serve as President of Triple S Holdings, Inc., and Standardized Sanitation Systems, Inc. (Triple S).
Mr. Sadler further stated, "Triple S Holdings is being created to preserve and provide an ongoing return on the assets of SSS, Inc., notably our 52-year old Brand and Proprietary Systems, our National Logistics Platform, our Sales and Marketing Programs and our evolving IT Platform. The leadership of Triple S, our Board of Directors and senior management believe that Triple S Holdings will provide the company with a unique opportunity to protect and grow the investment that has been made by all Triple S stakeholders (our Member-Distributors, Supplier-Partners and our staff). Collectively we will be better positioned, on a long term basis, to serve the consuming customer."