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New Deal


Announced

Calera-backed ImageFIRST acquired its largest franchisee ImageFIRST Tampa.

Financials

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Transaction Value-
Consideration Type-
Capital Owned-
Capital Bid For100%
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EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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laundry services

Private

Acquisition

Private Equity

United States

Consumer Services: Other

Synopsis

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ImageFIRST, a leading provider of laundry services for the healthcare industry and a portfolio company of Calera Capital, acquired its largest franchisee ImageFIRST Tampa. ImageFIRST Tampa provides medical laundry services across central Florida, including in Tampa and Orlando. Terms of the transaction were not disclosed. “ImageFIRST Tampa, led by its owners Tim Ryan and J.C. Ryan, has been an exceptional partner to the ImageFIRST corporate organization for over 20 years,” said Jeff Berstein, CEO of ImageFIRST. “The ImageFIRST team and I are excited to continue our partnership with the Ryan family as the Tampa franchise becomes an official part of our corporate organization. We look forward to growing the Florida business together through our ongoing commitment to delivering a truly remarkable customer experience.”

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