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Healthcare & Life Sciences Private Equity Deal Tracker: H.I.G. Capital Acquires Crothall Laundry Services

Posted in Healthcare Services Investing

H.I.G. Capital has announced it has completed its acquisition of Crothall Laundry Services.

Crothall Laundry Services is a provider of outsourced laundry and linen management services to the healthcare and hospitality markets. Founded in 1991, the company is formerly a Compass Group subsidiary.

H.I.G. Capital, based in Miami, pursues a wide range of investments in healthcare and many other industries. Founded in 1993, the firm has flexibility on investment size, including interest in pre-EBITDA businesses. Within healthcare, the firm targets companies in the provider services, hospital/major facilities and life sciences/pharmaceutical industries.

Terms of the transaction were not disclosed.

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