E. Perot Bissell has spent much of his career executing consolidation strategies across fragmented industries. This experience has proven relevant to his board service at Acadia Healthcare, where the behavioral health provider pursues facility expansion and partnership development.
Over the past 15 years, Bissell has played lead roles in two major consolidation efforts—one in energy logistics and another in the security industry. These initiatives required identifying acquisition targets, negotiating transactions, and integrating operations across multiple locations.
Maxum Petroleum Expansion
At Maxum Petroleum, Bissell oversaw the company’s transformation from a startup in 2004 to one of North America’s largest independent distributors of lubricants and diesel fuel. The company completed 16 acquisitions under his leadership as board member and CEO, building a platform that sold more than 1.3 billion gallons of refined petroleum products annually.
The company’s growth strategy focused on the fragmented commercial fuel and lubricant distribution industry, where numerous regional players operated without national scale. Maxum’s consolidation approach created operational efficiencies and expanded geographic reach, ultimately attracting Pilot Flying J as an acquirer in 2012.
Security Industry Consolidation
Bissell’s work in the security industry included leadership at ASG Security, where he guided the company through multiple acquisitions. The company increased its base of recurring monthly revenue substantially over four years before its sale to Parthenon in 2006 (https://www.egiscapitalpartners.com/about-egis/).
His current role at Egis Capital Partners continues this focus on consolidation within the security and protection industries. The firm makes growth and buyout investments in technology-driven security businesses, seeking to build larger platforms from smaller companies.
Healthcare Sector Applications
The behavioral health industry shares characteristics with other sectors where Bissell has executed consolidation strategies. Acadia Healthcare operates in a market with numerous independent facilities and regional providers, creating opportunities for growth through acquisitions and partnerships.
Bissell’s board service since 2013 has coincided with the company’s expansion across multiple states through organic growth, acquisitions, and joint ventures with health systems. His experience structuring transactions and integrating acquired operations provides perspective on the challenges and opportunities of building a national behavioral health network.
The managing partner brings financial acumen developed through decades in corporate finance and private equity, combined with operational insights from leading growth companies across multiple industries.