Surge Private Equity invested in Hippodrome Services Group.

Dallas-based Surge Private Equity invested in Hippodrome Services Group, which provides outsourced laundry and dry-cleaning services to 4- and 5-star hotels in Manhattan. Financial terms were not disclosed. Tom Beauchamp, Partner at Surge Private Equity, said, “Sam has built a remarkable business whose customer tenure speaks for itself. We see the value in this approach and believe we can improve the business he has built. Furthermore, this was a good fit for us given our ownership of Manhattan cleaning company Busy Bee Cleaning Services which we partnered with Harvest on as well.”