M&A Deal Summary

Alsco Acquires National Linen & Uniform Service

On September 6, 2006, Alsco acquired business services company National Linen & Uniform Service from Kelly Capital

Acquisition Highlights
  • This is Alsco’s 2nd transaction in the Business Services sector.
  • This is Alsco’s 2nd transaction in the United States.
  • This is Alsco’s 2nd transaction in Georgia.

M&A Deal Summary
Date 2006-09-06
Target National Linen & Uniform Service
Sector Business Services
Buyer(s) Alsco
Sellers(s) Kelly Capital
Deal Type Add-on Acquisition

Target

National Linen & Uniform Service

Doraville, Georgia, United States
National Linen & Uniform Service (NLUS) was the leading linen rental company in the Southeast United States, serving top hotels, restaurants, and hospitals. Founded in 1919, NLUS picks up, cleans, processes and delivers over 1.3 billion linen items annually. Over 1,000 corporations are members of NLUS’ National Accounts Program, including market leaders like The Ritz-Carlton Hotels, HCA Inc., and Outback Steakhouses. Throughout the company’s storied history, NLUS has developed a reputation for excellence through its dedication to quality products and services. Through its 600 vehicle strong fleet, NLUS delivers linens and uniforms daily to over 8,000 locations on 400 routes daily.

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Buyer(S) 1

Buyer

Alsco

Salt Lake City, Utah, United States
Category Company
Founded 1889
Sector Business Services
DESCRIPTION
Alsco supply truck in San Diego, California.
Alsco supply truck in San Diego, California.

Alsco Inc. is a privately-owned company which has been engaged in the linen supply business since 1889. With headquarters in Salt Lake City, UT, Alsco operates in ten countries with over 13,500 employees. Alsco is listed in Forbes' Top 300 Private Companies based on revenue.

DEAL STATS #
Overall 2 of 4
Sector (Business Services) 2 of 3
Type (Add-on Acquisition) 2 of 4
State (Georgia) 2 of 2
Country (United States) 2 of 3
Year (2006) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-08-31 National Service Industries

Atlanta, Georgia, United States

National Service Industries, Inc. operates in two segments consisting of textile rental and envelope manufacturing.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-06-04 CLEAN Linen Services

Berkshire, United Kingdom

CLEAN Linen Services Ltd. is a provider of laundry services to commercial and operational needs of businesses. CLEAN Linen Services Ltd. was founded in 1906 and is based in Berkshire, United Kingdom.

Buy -

Seller(S) 1

SELLER

Kelly Capital

San Diego, California, United States
Category Private Equity Firm
Founded 1993
Size Small
Type Sector Agnostic
DESCRIPTION

Kelly Capital is a private investment firm that targets public/private company investments, real estate acquisitions, and debt investments. For public/private company investments, Kelly looks to acquire controlling interests in 'healthy or distressed' businesses in a variety of industries. Kelly prefers US-based businesses and will consider transactions up to $300 million in value. Kelly Capital has offices in San Diego and Dallas.

DEAL STATS #
Overall 2 of 3
Sector (Business Services) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (Georgia) 1 of 1
Country (United States) 2 of 3
Year (2006) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-04-07 Atlantic Envelope

Fairfield, New Jersey, United States

Established in 1893, Atlantic Envelope (AECO) is one of the nation’s largest custom envelope manufacturers, designing and creating over 10 billion custom printed envelopes for over 3,500 corporate clients per year. With seven state-of-the-art facilities located nationwide and “best in class” equipment, AECO provides unique envelopes for clients like Federal Express, Bank of America, Netflix, and CapitalOne. AECO was sold to National Envelope.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-02-18 Earl Scheib

Sherman Oaks, California, United States

Earl Scheib Paint & Body is the world's largest company-owned and operated auto-painting and body repair service, painting more than 150,000 cars and trucks every year. Made famous in its early years by Earl's slogan, "I'll paint any car, any color for $29.95. No Ups! No Extras," the company has painted more than 10 million cars over its 72 years in business, and continues to adhere to Earl's original commitment of offering the greatest price in town on auto painting. A commitment they guarantee.

Buy -
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