York Private Equity has announced it has acquired Healthcare Linen Services Group (HLSG).
HLSG, based in St. Charles, Ill., is a provider of healthcare laundry services in the Midwest and Central United States. Founded in 1915, the company operates processing plants across four regional brands — Logan’s Linens, Logan’s Uniform Rental, Superior Health Linens and Textile Care Services — that support 500 customers in 12 states.
York Private Equity, based in New York, is the private investing arm of York Capital Management. The division primarily targets control investments in middle market businesses. Since its inception in 2008, York Private Equity states it has completed more than 50 investments.
Terms of the acquisition were not disclosed.