Bessemer completed the investment in RotoCo.

Bessemer, a New York-based investment firm, completed the investment in RotoCo, the franchisee of the Roto-Rooter Plumbing and Drain Service. Financial terms were not disclosed. "We are delighted to join with Bessemer in the expansion of our business. We have significant opportunity to continue growing the business as we have successfully done since its founding and are excited to work alongside Bessemer through our next phase of business growth," Jim Holcomb, RotoCo Founder and CEO.