Cintas to Acquire UniFirst in ~$5.5 Billion Uniform and Facility Services Deal

March 12, 2026

Cintas entered into a definitive agreement to acquire UniFirst in a transaction valued at approximately $5.5 billion. Under the terms, UniFirst shareholders will receive $155.00 in cash and 0.7720 shares of Cintas stock per UniFirst share, with the deal expected to close in the second half of 2026 subject to approvals.

Buyers
Cintas
Targets
UniFirst
Sellers
UniFirst shareholders (including entities affiliated with the Croatti family)
Location
United States
Transaction Type
Buyout

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