M&A Deal Summary

Johnson Service Group Acquires StarCounty Textile Services

On December 11, 2017, Johnson Service Group acquired business services company StarCounty Textile Services for 4M GBP

Acquisition Highlights
  • This is Johnson Service Group’s 3rd transaction in the Business Services sector.
  • This is Johnson Service Group’s 5th largest (disclosed) transaction.
  • This is Johnson Service Group’s 7th transaction in the United Kingdom.

M&A Deal Summary

Date 2017-12-11
Target StarCounty Textile Services
Sector Business Services
Buyer(s) Johnson Service Group
Deal Type Add-on Acquisition
Deal Value 4M GBP

Target

StarCounty Textile Services

Wrexham, United Kingdom
StarCounty Textile Services Ltd. is a provider of dry cleaning and laundry services. StarCounty Textile Services Ltd. was established in 2002 and is based in Wrexham, UK.

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Buyer(S) 1

Buyer

Johnson Service Group

Cheshire, United Kingdom

Category Company
Founded 2007
Sector Business Services
Revenue 52M GBP (2012)
DESCRIPTION

SGP was established in 2007 and provides managed facilities and property services under long-term contracts to clients in the healthcare, education, corporate and retail sectors.


DEAL STATS #
Overall 7 of 7
Sector: Business Services M&A 3 of 3
Type: Add-on Acquisition M&A Deals 7 of 7
Country: United Kingdom M&A 7 of 7
Year: 2017 M&A 1 of 1
Size (of disclosed) 5 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-29 Portgrade

Bootle, United Kingdom

Portgrade trades through its wholly owned subsidiary Afonwen and its operations are exclusively focused on the high volume hotel linen rental market. Afonwen is one of the largest privately owned linen rental operators, supplying over 280 customers and servicing over 65,000 bedrooms across England and Wales.

Buy £53M