Crothall Acquired by H.I.G. Capital
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.