Healthcare Linen Services Group Acquires Penn Enterprises

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.

York Private Equity Acquires Healthcare Linen Services Group

April 6, 2022

Healthcare Services

York Private Equity (the private equity arm of York Capital Management) announced a strategic growth investment in Healthcare Linen Services Group (HLSG). The investment will provide capital and expertise to support HLSG's organic growth, M&A-driven expansion and operational investments as the company expands its healthcare linen management footprint across the Midwest and Central United States.

Healthcare Linen Services Group Acquires Reino Linen Service

October 4, 2022

Healthcare Services

Healthcare Linen Services Group (HLSG), a York Private Equity–backed provider of healthcare laundry services, has acquired Reino Linen Service, expanding HLSG's footprint into Ohio and Michigan and adding automated facilities and processing capacity. Reino, founded in 1943 and based in Gibsonburg, Ohio, employs more than 400 people and can process over 150 million pounds of laundry annually.

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.

Nixon Medical Acquires Healthcare Business of A Linen Connection

December 15, 2023

Healthcare Services

Nixon Medical, a New Castle, Delaware-based medical apparel and linen services provider, acquired the healthcare business of A Linen Connection, an Orlando, Florida commercial laundry that has served Central Florida for more than 40 years. The transaction closed on December 15, 2023; terms were not disclosed and advisers included Fairmount Partners and Cozen O'Connor.

The Pennant Group Acquires CMS Home Health Care (Texas)

September 16, 2020

Healthcare Services

The Pennant Group, Inc. acquired the assets of CMS Home Health Care, which operates locations in Brownwood and Coleman, Texas, effective September 16, 2020. The acquisition expands Pennant's Texas home health and hospice footprint and will be integrated into its Cornerstone Healthcare home health and hospice portfolio.