M&A Deal Summary

Rinse Acquires Dryv

On November 17, 2020, Rinse acquired consumer services company Dryv

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

M&A Deal Summary
Date 2020-11-17
Target Dryv
Sector Consumer Services
Buyer(s) Rinse
Deal Type Add-on Acquisition

Target

Dryv

Chicago, Illinois, United States
DRYV provides an incredibly convenient dry cleaning and laundry delivery service. From the mobile app or DRYV.com, make just a few taps or clicks and enjoy 5-star service, ultra-competitive pricing, and free pickup and delivery, even on nights and weekends. DRYV provides friendly, professional service whenever and wherever you need it.

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Buyer(S) 1

Buyer

Rinse

San Francisco, California, United States
Category Company
Founded 2013
Sector Consumer Services
DESCRIPTION

Rinse, Inc. is building the first and largest national brand in clothing care. The company picks up, cleans, and delivers customers' dry cleaning and laundry, straight to their doors. Inspired to solve massive pain points on both sides of the dry cleaning and laundry business, Rinse has created a superior experience for consumers, while standardizing processes and smoothing out the demand curve for local cleaning partners. Rinse, Inc. was founded in 2013 and is based in San Francisco, California.

DEAL STATS #
Overall 1 of 2
Sector (Consumer Services) 1 of 2
Type (Add-on Acquisition) 1 of 2
State (Illinois) 1 of 1
Country (United States) 1 of 2
Year (2020) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-11 ButlerBox

Los Angeles, California, United States

ButlerBox is a Los Angeles-based dry cleaning and laundry provider specializing in locker-based service with multifamily and commercial office partners. ButlerBox was founded in 2015 and is based in Los Angeles, California.

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