Seaport Capital has partnered with the founders and operators of Linen King to acquire the company from Cimarron Healthcare Capital. Linen King is a provider of outsourced laundry services to hospitals and healthcare facilities across the mid-South. The company operates six laundry facilities in Arkansas, Tennessee, Oklahoma, Missouri and Kansas and processes over 70 million…...
commercial laundry
Alliance Laundry Systems Acquired by BDT
Ontario Teachers’ Pension Plan (Teachers) has agreed to sell a majority interest in Alliance Laundry Systems to BDT Capital Partners. Teachers will retain a minority interest in the company following the closing of the transaction which is expected in the third quarter. Alliance Laundry Systems is a designer, manufacturer and marketer of commercial laundry equipment…...
