Angeles Equity Partners Acquires Xanitos

Bessemer Investors Acquires Xanitos from Angeles Equity Partners

December 9, 2025

Healthcare Services

An affiliate of Angeles Equity Partners has sold Xanitos Inc. to an affiliate of Bessemer Investors. Financial terms were not disclosed; Xanitos is a provider of hospital environmental and support services serving over 100 hospitals across more than 25 states, and Angeles had doubled the company's revenue and frontline headcount during its ownership.

Xanitos Acquires Legion Building Services

April 20, 2022

Healthcare Services

Xanitos, a PE‑backed provider of hospital housekeeping, patient transport, and linen services, has acquired Legion Building Services to add specialized ambulatory and outpatient cleaning capabilities. Legion, headquartered in New Jersey, will operate as an independent brand within the Xanitos family; terms were not disclosed.

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.

Angeles Equity Partners Acquires Solid Surface Care

June 10, 2025

Industrial Services

An affiliate of Angeles Equity Partners has acquired a majority interest in Solid Surface Care Holdings, Inc., a national provider of specialty maintenance and restoration services headquartered in Charlotte, North Carolina. Stellus Capital Management provided unitranche senior debt financing and an equity co-investment to support the transaction; management, led by co-founder and CEO Michael Crippen, will remain in place to help scale the business across its national self-performing platform.

Ecotex Healthcare Linen Service Acquires Ameritex Services

January 3, 2022

Healthcare Services

Ecotex Healthcare Linen Service Corporation has acquired Ameritex Services, an Omaha-based healthcare laundry and linen provider owned by Mark and Brad Goldstrom. The acquisition expands Ecotex's regional footprint and capacity in the Midwest and will fund a multimillion-dollar plan to modernize and expand Ameritex's Omaha laundry plant.

PureStar Acquires Emerald Textiles from Pacific Avenue Capital Partners

December 30, 2025

Industrial Services

PureStar has acquired Emerald Textiles from Pacific Avenue Capital Partners, closing on December 30, 2025. The deal combines PureStar's hospitality laundry platform with Emerald's West Coast healthcare linen operations, creating a scaled, diversified commercial laundry provider backed by Cornell Capital.