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New Deal


Announced

Completed

York Private Equity completed the acquisition of a minority stake in Healthcare Linen Services Group.

Financials

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

Tags

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Private Equity

Minority

Friendly

United States

healthcare services

Single Bidder

Completed

Acquisition

Private

Health Care Services

Domestic

Synopsis

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York Private Equity, an alternative investment firm, completed the acquisition of a minority stake in Healthcare Linen Services Group, a provider of healthcare laundry services. Financial terms were not disclosed. “I am looking forward to our new partnership with York Private Equity, and the growth opportunities they provide through both capital and expertise. Today’s Healthcare customers demand sustainability and scale to support their mission of quality care and geographical expansion. HLSG will leverage this new partnership with York to both solidify our footprint and enter new geographies via strategic acquisitions. We will also continue to invest in automating our existing facilities, accelerating our growth, and furthering our commitment to providing the highest level of quality and service to our customers," Joe LaPorta, HLSG CEO.

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