Crothall Acquired by H.I.G. Capital

01/04/2021

H.I.G. Capital, a global alternative investment firm with $42 billion of equity capital under management, announced on Jan. 4 that one of its affiliates acquired Crothall Laundry Services from Compass Group plc, the British multinational company known best as the largest contract foodservice company in the world. Crothall Laundry was a division of Compass’ Crothall Healthcare, Wayne, PA, a diversified hospital services provider.

Reino Linen Announces New Ownership

11/27/2020

Reino Linen Service, Gibsonburg, OH, recently announced that it has finalized the private sale of the company from its previous owners Leonard and Judy Reino to Reino Linen Service’s current president, Daniel Darr.

Linen King Acquisition Adds Operation in Tennessee

11/06/2020

Linen King, a provider of healthcare laundry services in the south and central United States, recently announced the acquisition of a laundry processing facility in Ooltewah, TN, from Angelica Corp. The acquisition adds the seventh laundry facility and 25 million pounds of processing capacity to Linen King’s network of plants across five states, according to a news release.

Lindström Acquires the Chinese Operations of Cintas

10/23/2020

Lindström Group, Helsinki, a multinational provider of linen, uniform and facility services, recently announced that it has acquired all of Cintas’ operations and personnel in China. The new entity will be the market leader in workwear rental and cleanroom business in China’s fast-growing market. The acquisition also will increase Lindström’s geographical reach in the area and expand its service portfolio to new service lines, according to a news release.

Riegel Acquires Linen Business from Bed Bath & Beyond

10/16/2020

Riegel Linen’s parent company, Lion Equity Partners, recently entered into a definitive agreement with Bed Bath & Beyond to acquire T-Y Group and Harbor Linen with an anticipated closing of Oct. 26. When combined with Riegel, this acquisition will form an industry-leading provider of textiles, amenities and more for hotels, cruise lines, restaurants, linen suppliers and healthcare facilities, according to a news release.

Rentwear to Absorb Sister Company Saniserv

10/02/2020

Rentwear Inc., North Canton, OH, recently absorbed its sister company Saniserv Inc., which operated out of the same facility as Rentwear. The transaction took effect on Oct. 1, according to a news release.

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