EVI Industries - M&A Summary and Business Overview

DistributionCompany

EVI Industries M&A Summary

EVI Industries has acquired 24 companies, including 16 in the last 5 years.

EVI Industries’ largest acquisition to date was in 2016, when it acquired Western State Design for $28M. EVI Industries has acquired in 16 different US states. The Company’s most targeted sectors include distribution (71%) and business services (21%).

EVI Industries Business Overview

Where is EVI Industries headquartered?

EVI Industries is headquartered in Miami, Florida.

What is EVI Industries’ revenue?

EVI Industries disclosed revenue of 267M USD for 2022 and 242M USD for 2021.

How many employees does EVI Industries have?

EVI Industries has 640 employees.

What sector is EVI Industries in?

EVI Industries is a distribution company.

When was EVI Industries founded?

EVI Industries was founded in 1959.

M&A Summary

M&A Total Activity24
- M&A Buy Activity24
Total Sectors Invested 4
Total Countries Invested 1

EVI Industries

EVI Industries, Inc.

4500 Biscayne Boulevard, Suite 340,
Miami, Florida 33137
United States,
(305) 402-9300
www.evi-ind.com

EVI Industries is a distributor that sells, leases, and rents commercial, industrial, and vended laundry and dry cleaning equipment and steam and hot water boilers manufactured by others, supplies related replacement parts and accessories, designs and plans turn-key laundry, dry cleaning, and boiler systems, and provides installation and maintenance services to thousands of customers, which include commercial, industrial, institutional, government, and retail customers. EVI Industries was incorporated in 1959 and is headquartered in Miami, Florida.

M&A Summary

Buy vs Sell

Year		≤ '19	'20	'21	'22	'23	'24	T
Buy (2.6/yr)	#	11	3	2	6	2	-	24
Buy (2.6/yr)	vol	$71M	$14M					$84M
Sell (0.0/yr)	#	-	-	-	-	-	-	0
								24

Most Recent M&A

Company	Date	Value	Type
ALVF, Inc.	2023-07-31	-	Add-on Acquisition
New Castle, Pennsylvania · www.alcowasher.com
Express Parts and Services	2023-06-05	-	Add-on Acquisition
Sykesville, Maryland · www.epslaundry.com
Wholesale Commercial Laundry Equipment SE LLC	2022-10-17	-	Add-on Acquisition
Southside, Alabama · www.alaundryman.com
Aldrich Clean-Tech Equipment Corp.	2022-08-15	-	Add-on Acquisition
Worcester, Massachusetts · www.aldrichcleantech.com
K&B Laundry Service LLC	2022-08-08	-	Add-on Acquisition
Roanoke Rapids, North Carolina
Spynr, Inc.	2022-05-09	-	Add-on Acquisition
New York, New York · www.spynr.com
Laundry South Systems & Repair	2022-05-02	-	Add-on Acquisition
Pearl, Mississippi · www.laundrysouth.com
Clean Designs, Inc.	2022-04-26	-	Add-on Acquisition
Lakewood, Colorado · www.cleandesigns.com
Consolidated Laundry Equipment, Inc.	2021-12-15	-	Add-on Acquisition
Raleigh, North Carolina · www.consolidatedlaundry.com
Central Equipment Co., Inc.	2021-12-15	-	Add-on Acquisition
Columbia, South Carolina · www.centralequip.com
View All >>

M&A by Sector

Sector	Buy #	Value	Sell #	Value
Distribution	17 (71%)	56M (67%)	-	-
Business Services	5 (21%)	-	-	-
Consumer Services	1 (4%)	28M (33%)	-	-
Marketing	1 (4%)	-	-	-
Total	24	$84M	-	-

By Geo

State/Country		Buy	Value	Sell	Value
United States		24	84M	-	-
	Texas	3	30M	-	-
	Pennsylvania	2	13M	-	-
	North Carolina	2	-	-	-
	New York	2	-	-	-
	Massachusetts	2	-	-	-
	Florida	2	-	-	-
	Colorado	2	-	-	-
	Virginia	1	-	-	-
	Tennessee	1	-	-	-
	South Carolina	1	-	-	-
	New Hampshire	1	14M	-	-
	Mississippi	1	-	-	-
	Maryland	1	-	-	-
	Georgia	1	-	-	-
	California	1	28M	-	-
	Alabama	1	-	-	-
Total		24	$84M	-	-

Deal Values

buy	#	Total
< $100M	5	$84M
TOTAL		$84M
Largest	Western State Design, Inc. $28M (2016-09-08)

Company Summary

SECTOR

Distribution

Revenue

267 11%	2022
242 3%	2021
236 4%	2020
228 52%	2019
150 62%	2018
93 159%	2017
36 20%	2016
30 12%	2015
34 6%	2014
36 64%	2013
22	2012
(millions of USD)	Show More Show Less

Employees

640

Established

1959

Public

NYSE: EVI

Former Name

EnviroStar, Inc. (Dry Clean USA, Inc.)

Subscribe to unlock this and 201,598
investor and company profiles

Sign-up today to get full access

Unlimited Searches
Unlimited Profile Views
Build and Export Lists of

PE Backed Companies
Direct Investors & Acquirers
Advisors
Deals
& More

1 Week Free Trial Learn More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB

Key Benefits

Stay informed on events in your industry
M&A research that takes seconds (not all afternoon)
Better understand your customers and prospects
Discover active buyers (or sellers)

Search

4.5K Private Equity Firms
193K M&A Transactions
197K Companies Involved in M&A
(Buyer, Seller, or Target)
3.6K M&A Advisors
(Investment Banks and Law Firms)
75K M&A Contacts
(PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.

Related Lists for EVI Industries

Florida Companies , Distribution Companies , United States Companies , Florida Distribution Companies , Florida Distribution with Acquisitions , Florida Distribution with Divestitures

Related Lists for Florida Companies

Largest Florida Companies , Acquisitive Florida Companies , Recently Acquired Florida Companies , Recently Sold Florida Companies , Private Florida Companies , Public Florida Companies , Acquired Florida Companies , PE Backed Florida Companies

Related Lists for Distribution Companies

Largest Distribution Companies , Acquisitive Distribution Companies , Recently Acquired Distribution Companies , Recently Sold Distribution Companies , Private Distribution Companies , Public Distribution Companies , Acquired Distribution Companies , PE Backed Distribution Companies

Related Lists for United States Companies

Largest United States Companies , Acquisitive United States Companies , Recently Acquired United States Companies , Recently Sold United States Companies , Private United States Companies , Public United States Companies , Acquired United States Companies , PE Backed United States Companies

EVI Industries - M&A Summary and Business Overview

DistributionCompany