Emerald Textiles™ Expands through Acquisition of Angelica Assets
Emerald Textiles™, a portfolio company of Los Angeles-based private investment firm Pacific Avenue Capital Partners LLC, announced today that it has acquired the West Coast assets of Angelica Corp. The transaction includes nine facilities and allows Emerald to expand into the Phoenix and Las Vegas markets, while simultaneously strengthening its footprint in both Northern and Southern California, according to a news release.