M&A Deal Summary |
|
|---|---|
| Date | 2023-01-05 |
| Target | Linen King |
| Sector | Business Services |
| Buyer(s) | Healthcare Linen Services Group |
| Sellers(s) | Seaport Capital |
| Deal Type | Add-on Acquisition |
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| Category | Company |
|---|---|
| Sector | Business Services |
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 Batavia, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 6 of 6 |
| Sector (Business Services) | 5 of 5 |
| Type (Add-on Acquisition) | 3 of 3 |
| State (Oklahoma) | 1 of 1 |
| Country (United States) | 6 of 6 |
| Year (2023) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-10-04 |
Reino Linen Service
Gibsonburg, Ohio, United States Reino Linen Service is a privately owned healthcare laundry company with the capacity to process more than 150 million pounds of linen annually operations servicing Ohio and Michigan. Reino Linen Serivce was founded in 1943 and is based in Gibsonburg, Ohio. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1997 |
| Size | Middle-Market |
| Type | Sector Focused |
Seaport Capital is a private equity firm that targets equity and mezzanine investments in private middle-market companies. Funds are generally used to support late-stage growth opportunities, as well as buyouts and recapitalizations. Seaport prefers businesses with high margins and recurring revenues. Sectors of interest include marketing services, publishing, media, communications, business services, education, software, cable, and information services. Seaport seeks private companies valued between $25 and $150 million and looks to commit up to $40 million of equity per transaction. Seaport requires board representation and typically holds investments for three to seven years. Seaport Capital was formed in 1997 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 28 of 31 |
| Sector (Business Services) | 2 of 3 |
| Type (Add-on Acquisition) | 16 of 19 |
| State (Oklahoma) | 1 of 1 |
| Country (United States) | 26 of 29 |
| Year (2023) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-12-29 |
Quatris Healthco
Bedford, Texas, United States Quatris Healthco is a provider of specialized healthcare software and database solutions, as well as hosting, software maintenance, and support services for small and medium-sized physician practices. Quatris Healthco was established in 2013 and is based in Bedford, Texas. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-08-03 |
CyberlinkASP
Dallas, Texas, United States CyberlinkASP is an application service provider that differs from traditional outsourcing companies by offering everything from single application delivery and help desk support to total desktop integration. CyberlinkASP was founded in 1999 and is based in Dallas, Texas. |
Buy | - |
