M&A Deal Summary

WASH Acquires Automatic Apartment Laundries

On December 1, 2011, WASH acquired consumer services company Automatic Apartment Laundries

Acquisition Highlights
  • This is WASH’s 2nd transaction in the Consumer Services sector.
  • This is WASH’s 2nd transaction in the United States.
  • This is WASH’s 1st transaction in Michigan.

M&A Deal Summary
Date 2011-12-01
Target Automatic Apartment Laundries
Sector Consumer Services
Buyer(s) WASH
Deal Type Add-on Acquisition

Target

Automatic Apartment Laundries

Livonia, Michigan, United States
Automatic Apartment Laundries, Inc. managing the coin-laundry operations of the multi-housing industry, including apartments, public and senior housing, colleges and universities.

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Buyer(S) 1

Buyer

WASH

Torrance, California, United States

website

Category Company
Founded 1947
Sector Consumer Services
DESCRIPTION

WASH is a provider of route-based laundry services to multifamily apartments and universities. The Company operates an infrastructure network across 34 branches, with approximately 635,000 installed machines and 82,000 customer locations. WASH was founded in 1947 and is based in Torrance, California.

DEAL STATS #
Overall 2 of 9
Sector (Consumer Services) 2 of 8
Type (Add-on Acquisition) 2 of 8
State (Michigan) 1 of 1
Country (United States) 2 of 7
Year (2011) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-09-16 Clark’s Coin Laundry

United States

Clark’s Coin Laundry is a provider of laundry facilities management services has been in the route laundry business for over 40 years.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-10-11 C M Washer Service

Santa Fe Springs, California, United States

C M Washer Service, Inc. is a provider of laundry services for the multi-tenant housing industry.

Buy -
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