Header graphic for print
The Healthcare Investor Insights on Issues & Trends that Impact Investments in Healthcare & Life Science Businesses

Healthcare & Life Sciences Private Equity Deal Tracker: Cimarron Sells Linen King Stake to Seaport Capital

Posted in Healthcare Services Investing

Cimarron Healthcare Capital has announced it has sold its stake in Linen King to Seaport Capital.

Linen King, based in Tulsa, Okla., is a provider of outsourced healthcare laundry services to hospitals and healthcare facilities across the mid-South.

Cimarron, based in Bala Cynwyd, Pa., is focused on healthcare investments in the lower middle market. The firm prefers to make more substantial investments in healthcare services and technology companies.

Seaport Capital, based in New York, is a private equity firm in the lower middle market. The firm generally pursues investments in communications services, business and information services and media sectors.

Terms of the transaction were not disclosed.

We use cookies to enhance your experience of our website. By continuing to use this website, you agree to the use of these cookies. For more information and to learn how you can change your cookie settings, please see our policy.

Agree