EVI Industries completed the acquisition of Yankee Equipment Systems for $13.5m.

EVI Industries, a distributor that sells, leases, and rents commercial, industrial, and vended laundry and dry cleaning equipment, completed the acquisition of Yankee Equipment Systems, a distributor of commercial laundry products and a provider of related technical installation and maintenance services, for $13.5m. "Consistent with our operating model, Yankee Equipment Systems will continue to be led by Peter Limoncelli and will operate under its current name, from its present location, and with its existing team to provide its customers, employees, and vendor partners business continuity. Their reputation and success, which are built on a tradition of providing exceptional laundry solutions backed by great service, have earned them strong customer relationships that we intend to help them build on," Henry M. Nahmad, EVI Chairman and CEO.