M&A Deal Summary

EVI Industries Acquires Clean Designs

On April 26, 2022, EVI Industries acquired distribution company Clean Designs

Acquisition Highlights
  • This is EVI Industries’ 14th transaction in the Distribution sector.
  • This is EVI Industries’ 17th transaction in the United States.
  • This is EVI Industries’ 2nd transaction in Colorado.

M&A Deal Summary
Date 2022-04-26
Target Clean Designs
Sector Distribution
Buyer(s) EVI Industries
Deal Type Add-on Acquisition

Target

Clean Designs

Lakewood, Colorado, United States
Clean Designs is a distributor of commercial laundry products and a provider of related technical installation and maintenance services to on-premise, vended, and multifamily laundry customers. Clean Designs is based in Lakewood, Colorado.

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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 17 of 27
Sector (Distribution) 14 of 18
Type (Add-on Acquisition) 16 of 26
State (Colorado) 2 of 2
Country (United States) 17 of 27
Year (2022) 1 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-15 Consolidated Laundry Equipment

Raleigh, North Carolina, United States

Consolidated Laundry Equipment is a distributor of commercial laundry products and providers of related technical installation and maintenance services. Consolidated Laundry Equipment is based in Raleigh, North Carolina.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-02 Laundry South

Pearl, Mississippi, United States

Laundry South is a provider of commercial laundry equipment, leasing, parts, and service across Mississippi, Tennessee, Louisiana, Alabama, and Arkansas. Laundry South is based in Pearl, Mississippi.

Buy -
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