M&A Deal Summary

EVI Industries Acquires ALCO Washer Center

On July 31, 2023, EVI Industries acquired distribution company ALCO Washer Center

Acquisition Highlights
  • This is EVI Industries’ 17th transaction in the Distribution sector.
  • This is EVI Industries’ 24th transaction in the United States.
  • This is EVI Industries’ 2nd transaction in Pennsylvania.

M&A Deal Summary

Date 2023-07-31
Target ALCO Washer Center
Sector Distribution
Buyer(s) EVI Industries
Deal Type Add-on Acquisition

Target

ALCO Washer Center

New Castle, Pennsylvania, United States
ALCO Washer Center is a distributor of commercial laundry products and a provider of related technical installation and maintenance services to the on-premise and vended laundry segments of the commercial laundry industry. ALCO Washer Center is based in New Castle, Pennsylvania.

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Buyer(S) 1

Buyer

EVI Industries

Miami, Florida, United States

Category Company
Founded 1959
Sector Distribution
Employees705
Revenue 354M USD (2023)
DESCRIPTION

EVI Industries is a distributor that sells, leases, and rents commercial, industrial, and vended laundry and dry cleaning equipment and steam and hot water boilers manufactured by others, supplies related replacement parts and accessories, designs and plans turn-key laundry, dry cleaning, and boiler systems, and provides installation and maintenance services to thousands of customers, which include commercial, industrial, institutional, government, and retail customers. EVI Industries was founded in 1959 and is based in Miami, Florida.


DEAL STATS #
Overall 24 of 27
Sector (Distribution) 17 of 18
Type (Add-on Acquisition) 23 of 26
State (Pennsylvania) 2 of 2
Country (United States) 24 of 27
Year (2023) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-06-05 Express Parts and Services

Sykesville, Maryland, United States

Express Parts and Services is a distributor of commercial laundry products and a provider of related technical installation and maintenance services. Express Parts and Services was founded in 1976 and is based in Sykesville, Maryland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-06-03 Ed Brown Distributors

Dallas, Texas, United States

Ed Brown Distributors is a distributor of commercial laundry products and a provider of installation and maintenance services to the on-premise and vended laundry segments of the commercial laundry industry. Ed Brown Distributors was formed in 1965 and is headquartered in Dallas, Texas.

Buy -