Linen King Acquires Ooltewah Laundry Processing Facility from Angelica

Seaport Capital Acquires Linen King from Cimarron Healthcare Capital

February 13, 2022

Healthcare Services

Seaport Capital has acquired Linen King, a Tulsa-based provider of outsourced healthcare laundry services, from Cimarron Healthcare Capital. The transaction transfers ownership of the 20-year-old company to Seaport as part of its investment to expand Linen King's service footprint and continue growth in the Mid-South healthcare market.

Seaport Capital Makes Strategic Growth Investment in Linen King

January 7, 2020

Healthcare Services

Seaport Capital, a New York-based private equity firm, completed a strategic growth investment in Linen King to support the company's continued organic expansion and acquisition strategy. Linen King is a regional provider of outsourced laundry and linen management services for hospitals, health systems and clinics, operating six processing facilities across the South Central and Midwest United States.

Healthcare Linen Services Group (York PE-backed) Acquires Linen King

January 5, 2023

Healthcare Services

Healthcare Linen Services Group (HLSG), a York Private Equity-backed platform, acquired Linen King, the largest independent provider of healthcare laundry services in the South Central U.S. The deal expands HLSG's geographic footprint into Arkansas, Oklahoma, Missouri, Kansas and Tennessee, adds seven processing facilities (≈100 million pounds annually) and roughly 460 customers to HLSG's network.

Emerald Textiles Acquires West Coast Assets of Angelica Corporation

December 4, 2021

Healthcare Services

Emerald Textiles, a portfolio company of Pacific Avenue Capital Partners, acquired the West Coast assets of Angelica Corporation, including nine facilities that expand Emerald into Phoenix and Las Vegas and strengthen its Northern and Southern California footprint. The deal grows Emerald's network to 15 plants and 2 service depots (serving nearly 2,000 customer sites) and further establishes the company as the largest healthcare linen services provider in the Western United States.

ImageFIRST Acquires Allegiant Linen Services

September 7, 2022

Healthcare Services

ImageFIRST, the largest national provider of linen and laundry services specializing in healthcare, has acquired Tennessee-based Allegiant Linen Services. The acquisition gives ImageFIRST its first processing plant in Tennessee and expands its service and processing capabilities in Central Tennessee; terms were not disclosed.

Crown Linen Acquires Laundry Plus

September 19, 2016

Industrial Services

Crown Linen has completed the acquisition of commercial laundry provider Laundry Plus, expanding its Florida footprint into West Central Florida and adding a Bradenton facility. Laundry Plus, established in 1989 and a longtime supplier to Gulf Coast hotels, joins Crown Linen's existing facilities in Miami, Orlando, Fort Myers and Haines City.