After an extended slowdown, recent improvement in textile services operating trends should be a catalyst for merger and acquisition (M&A) activity in the category, as the conditions for a wave of deal making are in place.
 
Stronger fundamentals in the textile services category are increasingly evident. Until the past few months, the labor market recovery in the United States has been sluggish, particularly in the uniform-wearing segments of the market, such as automotive, food services, manufacturing and specialty trade contracting. The Baird Add/Stop Index, a metric developed by Baird Equity Research to gauge the net change in ...