H.I.G. Capital Completes Workwear Acquisition

H.I.G. Capital, a London-based global alternative investment firm with $70 billion of capital under management, announced that one of its affiliates has completed the acquisition of the France Workwear business from Rentokil Initial. The business will be rebranded and operate under a new name in early 2026.

Headquartered in France, France Workwear is a provider of textile services, specializing in the design, rental, and laundry/repair of workwear, flat linen and hygiene solutions. It delivers services across 34 sites and a nationwide logistics network. France Workwear serves more than 21,000 customers across diverse industries.

“We are proud to join the H.I.G. family and grateful for their confidence in our strategy and commitment to our future,” said Fabrice Shoshany, CEO of France Workwear. “This partnership marks the start of a new chapter for France Workwear – one where we will strengthen our leadership in textile rental services, broaden our focus on innovation and sustainability, and continue to deliver exceptional value to our clients, partners, and employees across and beyond France. We are already recognized as a leader in PPE, cleanrooms and traceability, and with H.I.G.’s support, we will further strengthen our position as the industry benchmark.”

Markus Noe-Nordberg, managing director and head of H.I.G. Europe Middle Market Private Equity, added that, “We are thrilled to have the opportunity to invest in France Workwear, a business at the forefront of textile rental services with an exceptional track record of quality and innovation. H.I.G.’s experience in scaling businesses and executing corporate carve-outs positions us well to support France Workwear’s transition as an independent business and to drive its next phase of growth.”

H.I.G. was advised in the transaction by Jefferies and Santander. Click here for details on the deal.