Economy Linen Acquires Healthcare and Hospitality Laundry

04/20/2022

Economy Linen and Towel Service Inc., Dayton, Ohio, recently reached an agreement to acquire selected assets of Midwest Laundry Inc., a healthcare and hospitality laundry located in Butler County, Ohio, near Cincinnati. With the acquisition, Economy Linen will provide laundry and linen services to all of Midwest Laundry’s customers, according to a news release.

Family-Owned Texas Company Acquires Alliant Systems

04/14/2022

Alliant Systems, Irving, TX, recently announced the sale of the company to Herrera Rodriguez Family Holdings (HRFH), a private Texas corporation owned by Mayron Herrera and Jhovanny Rodriguez. Alliant Systems will continue to operate under the same name as a wholly owned subsidiary of HRFH, which also operates an IT services company, Synetek Solutions, and a cloud-based VoIP service, GreenLink Networks, according to a news release.

Private-Equity Firm Acquires HLSG

04/08/2022

Healthcare Linen Services Group (HLSG), St. Charles, IL, recently announced a strategic growth investment from York Capital Management’s private-equity group. Terms of the transaction were not disclosed, according to a news release.

Alsco Acquires Independent East Coast Operator

03/25/2022

Alsco Uniforms, Salt Lake City, recently acquired the rental business of Professional Rental Service, Mt. Airy, NC, according to a news release from James Gutheim & Associates, Encino, CA, which served as the financial adviser in the sale. Terms of the transaction were not disclosed.

UniFirst Acquires West Coast Operator

03/04/2022

UniFirst Corp., Wilmington, MA, recently acquired Budget Uniform Rental, Gardena, CA, according to a news release from James Gutheim & Associates Inc., Encino, CA, which served as the financial adviser in the sale. Terms of the transaction were not disclosed.

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