Announced
Completed
Synopsis
Pacific Avenue-backed Emerald Textiles, a provider of outsourced linen management services and specialty products to hospitals, completed the acquisition of Angelica, a provider of textile rental and linen management services. Financial terms were not disclosed. "We are excited to build out our network of facilities with the acquisition of Angelica's West Coast assets. The new locations are complementary to our existing locations in California, Nevada, and Utah, where we currently operate six facilities. This acquisition represents a continuation of our effort to build a world-class healthcare linen provider that serves the overall needs of the West Coast," Andy Kratky, Emerald CEO.
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