M&A Deal Summary

WASH Acquires Universal Laundries

On August 27, 2013, WASH acquired consumer services company Universal Laundries

Acquisition Highlights
  • This is WASH’s 5th transaction in the Consumer Services sector.
  • This is WASH’s 4th transaction in the United States.
  • This is WASH’s 1st transaction in Illinois.

M&A Deal Summary

Date 2013-08-27
Target Universal Laundries
Sector Consumer Services
Buyer(s) WASH
Deal Type Add-on Acquisition

Target

Universal Laundries

Skokie, Illinois, United States
website
Universal Laundries LLC is a Chicago-based route laundry company serving multi-family residences, colleges and institutions.

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Buyer(S) 1

Buyer

WASH

Torrance, California, United States

website


Category Company
Founded 1947
Sector Consumer Services
DESCRIPTION

WASH is a provider of route-based laundry services to multifamily apartments and universities. The Company operates an infrastructure network across 34 branches, with approximately 635,000 installed machines and 82,000 customer locations. WASH was founded in 1947 and is based in Torrance, California.


DEAL STATS #
Overall 5 of 9
Sector (Consumer Services) 5 of 8
Type (Add-on Acquisition) 5 of 8
State (Illinois) 1 of 1
Country (United States) 4 of 7
Year (2013) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-02-26 Coinamatic Canada

Mississauga, Ontario, Canada

Coinamatic Canada, Inc. is a provider of multifamily laundry services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-08-13 American Meter & Appliance

Seattle, Washington, United States

American Meter & Appliance, Inc. is a provider of coin-operated laundry field services. American Meter & Appliance also offer laundry sales, leasing and rentals to the general public.

Buy -