ImageFIRST Acquires Majority Stake in Faultless Healthcare Linen
May 21, 2019
ImageFIRST, backed by Calera Capital, acquired a majority stake in Faultless Healthcare Linen; terms were not disclosed. The deal expands ImageFIRST's national footprint in healthcare linen rental and laundry services—Faultless will retain equity held by the Spence family and operate alongside ImageFIRST's existing locations.
- Buyers
- ImageFIRST, Calera Capital
- Targets
- Faultless Healthcare Linen
- Sellers
- Spence family (Susan Witcher, Mark Spence)
- Platforms
- ImageFIRST
- Industry
- Healthcare Services
- Location
- Missouri, United States
- Transaction Type
- Addon
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