.
MergerLinks Header Logo

New Deal


Announced

Laundrylux acquires Direct Machinery.

Financials

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

Tags

Edit

Acquisition

Pending

Rental Services: Consumer

Private

United States

laundry services

Friendly

Single Bidder

Synopsis

Edit

Laundrylux, the largest independent integrated distributor of professional laundry equipment acquires Direct Machinery. Financial terms were not disclosed. "With the acquisition of Direct Machinery, Laundrylux boldly expands the scope of its consolidation of professional laundry distribution to encompass world-renowned manufacturers. We now serve all customers, from industrial & commercial laundries to large and middle market OPL, vended laundry, and route laundry. Laundrylux's financial strength, strategic manufacturer relationships, broad product portfolio, digital marketing, technology platforms, financing, and equity participation for distribution partners, is unique in the industry." Neal Milch, Laundrylux Executive Chairman.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US