M&A Deal Summary

Aramark Acquires AmeriPride Services

On October 16, 2017, Aramark acquired apparel/textiles company AmeriPride Services for 1.0B USD

Acquisition Highlights
  • This is Aramark’s 1st transaction in the Apparel/Textiles sector.
  • This is Aramark’s 2nd largest (disclosed) transaction.
  • This is Aramark’s 7th transaction in the United States.
  • This is Aramark’s 1st transaction in Minnesota.

M&A Deal Summary
Date 2017-10-16
Target AmeriPride Services
Sector Apparel/Textiles
Buyer(s) Aramark
Deal Type Add-on Acquisition
Deal Value 1.0B USD
Advisor(s) Credit Suisse Investment Banking (Financial)
Dorsey & Whitney LLP (Legal)

Target

AmeriPride Services

Minnetonka, Minnesota, United States
website
AmeriPride Services, Inc. is a textile rental and supply company. AmeriPride provides linen and towels, uniforms, floor mats, restroom and cleaning products to nearly 150,000 customers through rental and purchase programs. AmeriPride Services, Inc. was founded in 1889 and is based in Minnetonka, Minnesota.

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Buyer(S) 1

Buyer

Aramark

Philadelphia, Pennsylvania, United States

website

Category Company
Founded 1959
Sector Business Services
Employees273,875
Revenue 16.3B USD (2022)
DESCRIPTION
Aramark supply vehicle in Superior, Wisconsin.
Aramark supply vehicle in Superior, Wisconsin.

Aramark is a professional services, providing food services, facilities management, and uniform and career apparel to healthcare institutions, universities and school districts, stadiums and arenas, businesses and government departments and agencies. Aramark was incorporated in 1959 and is headquartered in Philadelphia, Pennsylvania.

DEAL STATS #
Overall 10 of 14
Sector (Apparel/Textiles) 1 of 1
Type (Add-on Acquisition) 7 of 11
State (Minnesota) 1 of 1
Country (United States) 7 of 10
Year (2017) 3 of 3
Size (of disclosed) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-16 Avendra

Rockville, Maryland, United States

Avendra LLC is a hospitality procurement services provider and hospitality expertise, purchasing power, services and software to help more than 8,000 customers impact the bottom line, improve operational performance, and better serve guests. Avendra LLC was founded in 2000 and is based in Rockville, Maryland

Buy $1.4B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-09-17 Aramark HCT

Philadelphia, Pennsylvania, United States

Aramark HCT is a provider of healthcare technology services, ranging from repair and maintenance to outsourcing of clinical engineering services, to more than 500 healthcare providers nationwide.

Sell -
Mergr

Product

Company

Legal