Nixon Medical, New Castle, DE, announced today that it has acquired the healthcare business of A Linen Connection, an Orlando, FL-based provider of laundry services to both the medical and food & beverage markets that has served customers across Central Florida for more than 40 years.
The transaction closed Dec. 15, 2023, and the terms were not disclosed. In December 2023, Nixon Medical opened its first healthcare laundry facility in the state of Florida.
Acquisitions are expected to drive continued growth for Nixon Medical in the coming years, the release noted. To support its ongoing M&A efforts, the company recently promoted Ben Berstein, a family member and shareholder of Nixon Medical, to the role of vice president, corporate development.
“We look forward to continuing to serve A Linen Connection’s medical customers through our new healthcare laundering facility in Apopka, FL, bringing the high-quality services consistent with the Nixon Medical brand,” Berstein said. “We are excited about our company’s next phase of growth, both organically and via acquisition. We believe in enhancing the legacy of the sellers, consistent with our core values and core purpose, that differentiate Nixon Medical as an acquirer in the healthcare linen market.”
Fairmount Partners served as the M&A adviser and Cozen O’Connor served as the legal counsel to Nixon Medical on this transaction.
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