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New Deal


Announced

Completed

ByNext completed the acquisition of Madame Paulette.

Financials

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

Tags

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Acquisition

Domestic

Friendly

designer apparel

Private

bridal wear

Single Bidder

Completed

Clothing and Accessories

Majority

United States

Synopsis

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ByNext, a tech-based, omni-channel clothing and premise cleaning and care provider, completed the acquisition of Madame Paulette, a provider of premier luxury cleaning and restoration specialist for bridal wear, designer apparel and couture fashion. Financial terms were not disclosed. "Madame Paulette has been differentiated in the cleaning industry by client trust, their expertise and exceptional customer focus. They have over the years developed superb garment care, dry cleaning and interior cleaning know-how and best practices that can be leveraged to reach a larger market once integrated onto the ByNext tech platform. We will utilize Madame Paulette's prestigious identity to grow and strengthen ByNext's luxury home services line," Kam Saifi, ByNext CEO.

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