Announced
Financials
Sources
Tags
Pending
environmental services
Majority
Private
United States
Friendly
Acquisition
Environmental / Waste Management
Single Bidder
Domestic
Synopsis
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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