M&A Deal Summary

2ULaundry Acquires Folde

On June 20, 2023, 2ULaundry acquired consumer services company Folde

Acquisition Highlights
  • This is 2ULaundry’s 1st transaction in the Consumer Services sector.
  • This is 2ULaundry’s 1st transaction in the United States.
  • This is 2ULaundry’s 1st transaction in Texas.

M&A Deal Summary

Date 2023-06-20
Target Folde
Sector Consumer Services
Buyer(s) 2ULaundry
Deal Type Add-on Acquisition

Target

Folde

Austin, Texas, United States
Folde is a laundry delivery service that is based out of laundromats. Folde is based in Austin, Texas.

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Buyer(S) 1

Buyer

2ULaundry

Charlotte, North Carolina, United States

Category Company
Founded 2015
Sector Consumer Services
DESCRIPTION

2ULaundry is a provider of laundry and dry cleaning services. 2ULaundry was founded in 2015 and is based in Charlotte, North Carolina.


DEAL STATS #
Overall 1 of 1
Sector: Consumer Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Texas M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2023 M&A 1 of 1