Announced
Completed
Synopsis
Cornell Capital-backed PureStar, an American provider of laundry services and linen management, completed the acquisition of Emerald Textiles, a provider of healthcare linen and laundry services. Financial terms were not disclosed. "Emerald has built an exceptional platform, and we are excited to bring their capabilities in healthcare laundry services to the PureStar platform. This investment bolsters both PureStar and Emerald by adding additional depth of experience and best practices. The combination will also enable continued investment in our people, facilities, and systems across our national network," Brian Herington, PureStar CEO.
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