Divestiture • Business Services

Healthcare Linen Services Group Acquires Angelica - Chicago laundry processing facility

On May 26, 2021, Healthcare Linen Services Group acquired business services company Angelica - Chicago laundry processing facility from Angelica

Acquisition Context
  • This is Healthcare Linen Services Group’s 2nd transaction in the Business Services sector.
  • This is Healthcare Linen Services Group’s 3rd transaction in the United States.
  • This is Healthcare Linen Services Group’s 2nd transaction in Illinois.

Explore All 1208 Divestiture Business Services Deals - Search the Database Free


M&A Deal Summary

Date May 26, 2021
Target Angelica - Chicago laundry processing facility
Sector Business Services
Buyer(s) Healthcare Linen Services Group
Sellers(s) Angelica
Deal Type Divestiture

Target Company

Angelica - Chicago laundry processing facility

Chicago, Illinois, United States
Angelica's Chicago laundry processing facility provides laundry processing services to some of the largest acute care facilities and hospitals in the Chicagoland market. Angelica's Chicago is based in Chicago, Illinois.
Explore More Deals

Browse All 215,156 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

Buyer Overview 1

Buyer

Healthcare Linen Services Group

St. Charles, Illinois, United States

Category Company
Sector Business Services
DESCRIPTION

Healthcare Linen Services Group is a provider of outsourced linen management services to the healthcare industry. The companies serve hospitals, clinics and nursing homes across the upper and central Midwest through their state-of-the-art facilities while maintaining a dedicated focus on providing outstanding customer service. Healthcare Linen Services Group is based in St. Charles, Illinois.


Deal Context for Buyer #
Overall 3 of 6
Sector: Business Services 2 of 5
Type: Divestiture 1 of 2
State: Illinois 2 of 2
Country: United States 3 of 6
Year: 2021 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-09-21 Textile Care Services

Rochester, Minnesota, United States

Textile Care Services is a provider of linen services to the Healthcare and Hospitality industries. Company provides high-quality, on-time healthcare linen rental services to hospitality and healthcare providers within a 200 mile radius of Rochester, MN. The Company enjoys an excellent reputation for customer service and product selection and exceeds the processing standards of state and federal requirements.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-17 Angelica - Batavia Laundry Processing Facility

Batavia, New York, United States

Angelica Batavia provides laundry processing services to some of the largest acute care facilities and hospitals in western New York and eastern Ohio.

Buy -

Seller Profile 1

SELLER

Angelica

Alpharetta, Georgia, United States

Category Company
Founded 1878
Sector Business Services
DESCRIPTION

Angelica is a provider of textile rental and linen management services to the U.S. healthcare market. The organization provides laundry and linen management services to hospitals, long term care facilities, and out-patient medical practices from 26 service centers across the nation. Angelica was founded in 1878 and is based in Alpharetta, Georgia.


Deal Context for Seller #
Overall 2 of 4
Sector: Business Services 2 of 3
Type: Divestiture 2 of 4
State: Illinois 1 of 1
Country: United States 2 of 4
Year: 2021 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-04 Angelica - Laundry Processing Facility

Ooltewah, Tennessee, United States

Angelica's Laundry Processing Facility provides a wide range of laundry solutions.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-17 Angelica - Batavia Laundry Processing Facility

Batavia, New York, United States

Angelica Batavia provides laundry processing services to some of the largest acute care facilities and hospitals in western New York and eastern Ohio.

Sell -