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M&A Deal Summary

Laundrylux Acquires Golden State Laundry

On January 11, 2019, Laundrylux acquired consumer services company Golden State Laundry

Acquisition Highlights
  • This is Laundrylux’s 1st transaction in the Consumer Services sector.
  • This is Laundrylux’s 1st transaction in the United States.
  • This is Laundrylux’s 1st transaction in California.

M&A Deal Summary
Date 2019-01-11
Target Golden State Laundry
Sector Consumer Services
Buyer(s) Laundrylux
Deal Type Add-on Acquisition

Target

Golden State Laundry

Hayward, California, United States
Golden State Laundry Systems has been supplying coin and commercial laundry equipment to customers in across California for over 60 years. Beyond being a commercial laundry distributor, we support every sale with a fully-stocked parts department, a force of factory-trained service technicians, preventative and corrective maintenance programs, laundromat construction, laundry room layout assistance, business consultations, low-cost financial services, and in-house brokerage.

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Buyer(S) 1

Buyer

Laundrylux

Inwood, New York, United States
Category Company
Sector Consumer Services
DESCRIPTION

Laundrylux, Inc. is the largest integrated independent distributor of professional laundry equipment in the world, with 65 years of experience in distribution, product & technology development, financing, equipment leasing, coin-op laundry development, On-Premise Laundry, and wet-cleaning. Laundrylux operates throughout North America and maintains strategic partnerships with Fortune Global 1000 OEM manufacturers, with double-digit compounding annual growth rate.

DEAL STATS #
Overall 1 of 5
Sector: Consumer Services M&A 1 of 2
Type: Add-on Acquisition M&A Deals 1 of 5
State: California M&A 1 of 1
Country: United States M&A 1 of 5
Year: 2019 M&A 1 of 5
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-17 Cesco Solutions

Bellingham, Washington, United States

Cesco Solutions, Inc. is a Premier Cleaning Services for Northwest Food Industry Facilities For food production facilities throughout the Pacific Northwest, Cesco Clean provides the safest, most cost-effective, and most effective cleaning services available.

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