It was later revealed that he did not purchase shares in the company.
Over 200,000 people pre-registered to purchase shares in the company over two weeks.
Highland purchased an 80% stake in the company, and plans to nearly triple the number of stores to 50 within the next five years.
Leonard Green & Partners purchased a majority stake in the company in 2005 for a reported $200 million.
As the company grew, he purchased other window cleaning companies in the area and the company expanded through acquisitions.
Fox purchased an interest in the company making it a subsidiary.
Hagsveen died on 26 December, and his heirs encouraged local businesses to purchase shares in the company.
They paid £50 each year to the trustees who gradually purchased the shares in the company.
Many employees have the opportunity to purchase shares in the company in which they work.
GM purchased a 34% stake in the company in 2002 and has since 2008 sought to increase ownership.