The Sterling Group Acquires Healthcare Linen Services Group (HLSG)
April 11, 2026
The Sterling Group, an operationally focused middle-market private equity firm, completed its acquisition of Healthcare Linen Services Group (HLSG) from York Capital Management’s private equity arm (York Private Equity). HLSG provides outsourced linen laundry and management services to healthcare institutions across the United States, operating 20–23 processing facilities in 13 states.
- Buyers
- The Sterling Group, L.P., York Private Equity
- Targets
- Healthcare Linen Services Group (HLSG)
- Sellers
- York Capital Management's private equity arm (York Private Equity), York Capital Management's private equity group (York Private Equity)
- Platforms
- Healthcare Linen Services Group (HLSG)
- Industry
- Healthcare Services
- Location
- Illinois, United States
- Transaction Type
- Buyout
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