M&A Deal Summary |
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Date | 2020-11-04 |
Target | Angelica - Laundry Processing Facility |
Sector | Business Services |
Buyer(s) | Linen King |
Sellers(s) | Angelica |
Deal Type | Divestiture |
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Linen King is a provider of outsourced healthcare laundry services to hospitals and healthcare facilities across the mid-South US. Linen King was established in 1999 and is based in Tulsa, Oklahoma.
DEAL STATS | # |
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Overall | 1 of 1 |
Sector (Business Services) | 1 of 1 |
Type (Divestiture) | 1 of 1 |
State (Tennessee) | 1 of 1 |
Country (United States) | 1 of 1 |
Year (2020) | 1 of 1 |
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 STATS | # |
---|---|
Overall | 1 of 4 |
Sector (Business Services) | 1 of 3 |
Type (Divestiture) | 1 of 4 |
State (Tennessee) | 1 of 1 |
Country (United States) | 1 of 4 |
Year (2020) | 1 of 1 |
DATE | TARGET | DEAL TYPE | VALUE |
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2021-05-26 |
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. |
Sell | - |