For the past six months, the No. 1 question we’ve received from our rental laundry clients is this: “What are the effects of the coronavirus on the value of my business?” This is an important question, especially since there has been a great deal of misinformation floating around in the industry that nobody is selling, and nobody is buying. Even though it is, as usual, complicated, the idea that no one is doing acquisitions is simply not accurate. We know this for certain because we are currently in the midst of three separate acquisition deals.

However, in order to complement ...