2ULaundry Acquires The Folde
June 20, 2023
2ULaundry, a Charlotte-based laundry and dry cleaning pickup & delivery operator, has acquired Austin-based The Folde to expand its market presence and accelerate its drive to become a nationally recognized laundry brand. The deal follows a $20M Series B strategic investment from Level 5 Capital Partners and strengthens 2ULaundry's footprint across multiple states while adding The Folde's delivery-first operations and team.
- Buyers
- 2ULaundry
- Targets
- The Folde
- Industry
- Retail
- Location
- Texas, United States
- Transaction Type
- Buyout
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