M&A Deal Summary

Cintas Acquires G&K Services

On August 16, 2016, Cintas acquired business services company G&K Services for 2.2B USD

Acquisition Highlights
  • This is Cintas’ 3rd transaction in the Business Services sector.
  • This is Cintas’ largest (disclosed) transaction.
  • This is Cintas’ 10th transaction in the United States.
  • This is Cintas’ 1st transaction in Minnesota.

M&A Deal Summary
Date 2016-08-16
Target G&K Services
Sector Business Services
Buyer(s) Cintas
Deal Type Add-on Acquisition
Deal Value 2.2B USD

Target

G&K Services

Minnetonka, Minnesota, United States
G&K Services location in Duluth, Minnesota.
G&K Services location in Duluth, Minnesota.
G&K Services is a service-focused provider of branded uniform and facility services programs in the United States and Canada. G&K was formed in 1902 and is based in Minnetonka, Minnesota.

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Buyer(S) 1

Buyer

Cintas

Cincinnati, Ohio, United States
Category Company
Founded 1968
Sector Business Services
Employees43,000
Revenue 8.8B USD (2023)
DESCRIPTION

Cintas is a provider of uniform and safety products to customers throughout North and South America and Europe. Cintas rents, sells, and services uniforms and other garments including flame-resistant clothing, mats, mops and shop towels and other ancillary items. Cintas also offers restroom cleaning services and supplies as well as carpet and tile cleaning services. Cintas was incorporated in 1968 and is based in Cincinnati, Ohio.

DEAL STATS #
Overall 13 of 15
Sector (Business Services) 3 of 4
Type (Add-on Acquisition) 9 of 11
State (Minnesota) 1 of 1
Country (United States) 10 of 12
Year (2016) 1 of 1
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-21 White Fire Extinguisher

Mercer, Pennsylvania, United States

White Fire Extinguisher, Inc. is a full-service fire safety company selling and servicing fire extinguishers, emergency lights, first aid, and fire sprinkler services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-20 Sitex

Henderson, Kentucky, United States

Sitex is a family-owned supplier of uniform and facility service programs. Sitex was founded in 1961 and is based in Henderson, Kentucky.

Buy -
Mergr

Product

Company

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