M&A Deal Summary

Healthcare Linen Services Group Acquires Superior Health Linens

On October 26, 2016, Healthcare Linen Services Group acquired business services company Superior Health Linens from PS Capital Partners

Acquisition Highlights
  • This is Healthcare Linen Services Group’s 1st transaction in the Business Services sector.
  • This is Healthcare Linen Services Group’s 1st transaction in the United States.
  • This is Healthcare Linen Services Group’s 1st transaction in Illinois.

M&A Deal Summary

Date 2016-10-26
Target Superior Health Linens
Sector Business Services
Buyer(s) Healthcare Linen Services Group
Sellers(s) PS Capital Partners
Deal Type Merger

Target

Superior Health Linens

Batavia, Illinois, United States
website
Superior Health Linens LLC is a provider of textile rental and maintenance services for the healthcare marketplace which utilizes the latest laundry technology and system controls for rapid turnaround and delivery of linen and other textiles. Superior Health Linens was founded in 1990 and is based in Batavia, Illinois.

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Buyer(S) 1

Buyer

Healthcare Linen Services Group

Batavia, Illinois, United States

website


Category Company
Sector Business Services
DESCRIPTION

Healthcare Linen Services Group is a provider of outsourced linen management services to the healthcare industry. The companies serve hospitals, clinics and nursing homes across the upper and central Midwest through their state-of-the-art facilities while maintaining a dedicated focus on providing outstanding customer service. Healthcare Linen Services Group is based in Batavia, Illinois.


DEAL STATS #
Overall 1 of 6
Sector (Business Services) 1 of 5
Type (Merger) 1 of 1
State (Illinois) 1 of 2
Country (United States) 1 of 6
Year (2016) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-09-21 Textile Care Services

Rochester, Minnesota, United States

Textile Care Services is a provider of linen services to the Healthcare and Hospitality industries. Company provides high-quality, on-time healthcare linen rental services to hospitality and healthcare providers within a 200 mile radius of Rochester, MN. The Company enjoys an excellent reputation for customer service and product selection and exceeds the processing standards of state and federal requirements.

Buy -

Seller(S) 1

SELLER

PS Capital Partners

Milwaukee, Wisconsin, United States

Investor Investor Investor

website


Category Private Equity Firm
Founded 2001
Size Small
Type Sector Agnostic
DESCRIPTION

PS Capital Partners is a private equity firm that invests in manufacturing and process businesses located in the upper Midwest US. Specific areas of interest include food processing, OEM equipment, industrial products, consumer products, and packaging. PS Capital focuses on opportunities valued from $5 to $30 million and with annual revenues up to $50 million. The Firm will consider both minority and majority positions. Prospective transaction situations include buyouts, recapitalizations, divestitures, and growth financings. PS Capital was formed in 2001 and is based in Milwaukee, Wisconsin.


DEAL STATS #
Overall 5 of 5
Sector (Business Services) 2 of 2
Type (Merger) 1 of 1
State (Illinois) 2 of 2
Country (United States) 5 of 5
Year (2016) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-05 Superior Health Linens

Batavia, Illinois, United States

Superior Health Linens LLC is a provider of textile rental and maintenance services for the healthcare marketplace which utilizes the latest laundry technology and system controls for rapid turnaround and delivery of linen and other textiles. Superior Health Linens was founded in 1990 and is based in Batavia, Illinois.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-01 Engineered Custom Coatings

Pewaukee, Wisconsin, United States

Engineered Custom Coatings is a manufacturer of custom liquid coatings for applications in industrial OEM and consumer market segments. Engineered Custom Coatings is based in Pewaukee, Wisconsin.

Buy -