Healthcare Linen Services Group Acquires Linen King

Healthcare Linen Services Group (HLSG), St. Charles, IL, recently announced that it has acquired Linen King, Tulsa, OK, according to a news release. As part of the transaction, Seaport Capital, a New York-based private-equity firm that acquired Linen King in 2019, will receive shares in HLSG. Terms of the transaction were not disclosed.

Founded in 1999, Linen King operates the largest independent network of healthcare laundries in the South Central part of the U.S., serving approximately 460 customers across seven facilities in five states. Linen King processes approximately 100-million lbs. of healthcare laundry annually at facilities located in Arkansas, Oklahoma, Missouri, Kansas and Tennessee. Chris Corcoran, Linen King’s CEO, will remain with the business and serve as regional COO of HLSG.

Following this transaction, HLSG will operate 21 linen processing plants across six regional brands – Logan’s Linens, Logan’s Uniform Rental, Superior Health Linens, Textile Care Services, Reino and now Linen King – that process approximately 350 million lbs. of healthcare linen on an annual basis for nearly 1,000 customers in 19 states.

“This partnership reaffirms our commitment to executing on our growth strategy, which includes expanding our geographical reach into new contiguous markets, increased processing capacity, and, ultimately, our ability to service customers in a more comprehensive way,” said Joe LaPorta, president and CEO of HLSG. “Importantly, the Linen King brand will stay intact and remain under the operational leadership of Chris, who will bring his proven industry operating expertise to HLSG.”

Corcoran added that, “This is an exciting day for Linen King and our employees, and we look forward to joining the HLSG family. Importantly, HLSG has an outstanding reputation and shares our values and commitment to providing customers with the best service in the industry.”

Drew Meyers, a Seaport Capital Partner who will be joining the HLSG board, stated that, “We are thrilled to join HLSG as a meaningful investor and continue to support Linen King in its next stage of growth under the HLSG umbrella.”

The Linen King transaction represents HLSG’s fourth acquisition since York Private Equity made a strategic growth investment in March 2022, and follows the October 2022 acquisition of Reino Linen Service. To read the full release, click here.