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New Deal


Announced

Aramark to acquire Next Level Hospitality.

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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Pending

environmental services

Majority

Private

United States

Friendly

Acquisition

Environmental / Waste Management

Single Bidder

Domestic

Synopsis

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Aramark, a provider of food, facilities management and uniforms, agreed to acquire Next Level Hospitality, a provider of culinary and environmental services in the senior living sector, specializing in skilled nursing and rehabilitation facilities. Financial terms were not disclosed. "Next Level has built an impressive, fast-growing business that provides high quality services, led by a strong management team with a proven track record of execution. This complementary acquisition extends our presence in the attractive, emerging senior living sector and reflects our highly selective M&A strategy. We look forward to welcoming the Next Level team to Aramark," John Zillmer, Aramark CEO.

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