Aug 10, 2026
Enterprise

Penrose Growth expansion follows claimed $70 million revenue gain

Penrose Growth outlined a fuller operating model for service companies, but disclosed no methodology for its $70 million revenue claim.

Dominic Okoye

By Dominic Okoye · Staff Writer

· 3 min read

Penrose Growth expansion follows claimed $70 million revenue gain
Photo: Penrose Growth

Penrose Growth has announced the next phase of its expansion, pitching an operator-led growth and technology implementation offering for residential and commercial service companies. The Penrose Growth expansion follows the firm’s claim that it helped create more than $70 million in incremental revenue across 10 companies by 2025, though the announcement provides no calculation method or client-level financial results for that figure.

Founded in 2024 by Eram Zaghi, the firm sits between a growth agency, a consultancy and an embedded operating team. It says its work runs from customer acquisition through lead intake, sales, estimating, follow-up and booked revenue, with AI workflows, CRM design, automation, reporting systems and integrations included in its capabilities.

Penrose’s reported $70 million figure is the central performance measure in the announcement. The firm also says two of the 10 businesses were approaching potential sales, not that transactions had closed. It did not disclose the identities of all clients, revenue attribution rules, deal terms, headcount, funding, or the scope of the newly announced expansion.

What does Penrose Growth offer service companies?

Penrose says its model combines digital customer acquisition, outbound and referral channels, and sales and revenue operations. That includes the operational work between a lead arriving and a contract being booked, such as CRM architecture, proposal processes, pipeline management and follow-up.

For founder-run services businesses, the stated aim is to make sales and operating processes less dependent on the owner. Once revenue operations are in place, Penrose says it can work with outside partners on operating-system implementation, executive and technician recruitment, and training.

The firm traces its approach to Zaghi’s operating roles at FixMold and Ariel Construction beginning in 2023. Penrose says FixMold grew from one truck to five over the following 18 months, while Ariel Construction went from one market to a multi-market commercial design-and-build operation. Those are company-provided results.

How does Penrose tie its fees to performance?

Penrose’s service-business growth model uses a lower fixed fee upfront in some cases and seeks a greater share of compensation from incremental revenue and profitability, rather than advertising measures such as return on ad spend. It may also consider equity participation alongside founders and investors in select situations.

For selected engagements, the firm says it sets specific targets after a business diagnostic. If it misses an agreed outcome, such as a profitable acquisition channel, a technology capability or SEO milestone, Penrose says it will continue without professional fees until the target is reached. The arrangement remains subject to the agreed scope and client responsibilities.

Penrose frames the offering as an execution layer for investors and operators buying or backing fragmented service businesses. Its view is that some buyers may have capital and transaction experience without the internal systems to improve customer acquisition, sales conversion, technology use, hiring and owner dependence. That positioning places the firm alongside the operating playbooks often associated with private equity value creation, rather than a traditional software vendor or marketing shop.

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