Add-on Acquisition • Consumer Services

Clean Brands Acquires Martinizing

On October 7, 2021, Clean Brands acquired consumer services company Martinizing

Acquisition Context

This is Clean Brands’ 2nd transaction in the Consumer Services sector.
This is Clean Brands’ 2nd transaction in the United States.
This is Clean Brands’ 1st transaction in Michigan.

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M&A Deal Summary
Date	October 7, 2021
Target	Martinizing
Sector	Consumer Services
Buyer(s)	Clean Brands
Deal Type	Add-on Acquisition

Target Company

Martinizing

Royal Oak, Michigan, United States

Martinizing is a provider of dry cleaning services. Martinizing was founded in 1949 and is based in Royal Oak, Michigan.

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Buyer Overview 1

Buyer

Clean Brands

Naples, Florida, United States

Category	Company
Sector	Consumer Services

DESCRIPTION

Clean Brands is a multi-brand dry cleaning and laundry entity representing Lapels, Martinizing, 1-800-Dry-Clean & Pressed4Time. Clean Brands is based in Naples, Florida.

Deal Context for Buyer	#
Overall	2 of 2
Sector: Consumer Services	2 of 2
Type: Add-on Acquisition	2 of 2
State: Michigan	1 of 1
Country: United States	2 of 2
Year: 2021	2 of 2

PREVIOUS DEAL

DATE	TARGET	DEAL TYPE	VALUE
2021-10-07	Lapels Dry Cleaning Hanover, Massachusetts, United States Lapels Dry Cleaning store offers a full slate of services, including same-day dry cleaning; shirt service; tailoring; shoe repair; wedding gown preservation; suede and leather processing; box storage and fur storage. Lapels Dry Cleaning has stores in Arizona (Gilbert, Chandler, Phoenix, Scottsdale), California (Gilroy, Hollister), Colorado (Littleton), Connecticut (Cromwell), Florida (Fleming Island, Orange Park, Tampa) Louisiana. Lapels Dry Cleaning was founded in 2000 and is based in Hanover, Massachusetts.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2021-10-07

Lapels Dry Cleaning

Hanover, Massachusetts, United States

Lapels Dry Cleaning store offers a full slate of services, including same-day dry cleaning; shirt service; tailoring; shoe repair; wedding gown preservation; suede and leather processing; box storage and fur storage. Lapels Dry Cleaning has stores in Arizona (Gilbert, Chandler, Phoenix, Scottsdale), California (Gilroy, Hollister), Colorado (Littleton), Connecticut (Cromwell), Florida (Fleming Island, Orange Park, Tampa) Louisiana. Lapels Dry Cleaning was founded in 2000 and is based in Hanover, Massachusetts.

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