M&A Deal Summary

UniFirst Acquires Textilease

On September 2, 2003, UniFirst acquired apparel/textiles company Textilease for 178M USD

Acquisition Highlights
  • This is UniFirst’s 1st transaction in the Apparel/Textiles sector.
  • This is UniFirst’s largest (disclosed) transaction.
  • This is UniFirst’s 1st transaction in the United States.
  • This is UniFirst’s 1st transaction in Maryland.

M&A Deal Summary
Date 2003-09-02
Target Textilease
Sector Apparel/Textiles
Buyer(s) UniFirst
Deal Type Add-on Acquisition
Deal Value 178M USD

Target

Textilease

Beltsville, Maryland, United States
Textilease services over 25,000 uniform and textile products customers from 12 locations in six southeastern states, and also services a wide range of large and small first-aid service customers from additional specialized facilities.

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Buyer(S) 1

Buyer

UniFirst

Wilmington, Massachusetts, United States
Category Company
Founded 1936
Sector Apparel/Textiles
Employees16,000
Revenue 2.2B USD (2023)
DESCRIPTION

UniFirst is a provider of workplace uniforms, protective clothing and facility services products in North America. The company partners who serve over 250,000 customer locations in 45 U.S. states, Canada and Europe from over 200 customer service, distribution, and manufacturing facilities. UniFirst was founded in 1936 and is based in Wilmington, Massachusetts.

DEAL STATS #
Overall 1 of 2
Sector (Apparel/Textiles) 1 of 2
Type (Add-on Acquisition) 1 of 2
State (Maryland) 1 of 2
Country (United States) 1 of 2
Year (2003) 1 of 1
Size (of disclosed) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-19 Arrow Uniform-Taylor

Taylor, Maryland, United States

Arrow Uniform-Taylor LLC is a uniform and FS service provider.

Buy $122M
Mergr

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