Evi Industries Completes Acquisition Of Laundry South Systems And Repair – Expands Into Mississippi
Acquiring Company
EVI Industries
Acquired Company
Laundry South Systems
Miami
YOKNE'AM ILLITManufacturingHardwareSoftwareCommerce And ShoppingLaundry And Dry CleaningDescription
EVI Industries, Inc. (NYSE American: “EVI” or the “Company”) announced today it simultaneously executed a definitive agreement and completed the acquisition of Pearl, Mississippi based Laundry South, EVI’s nineteenth (19th) distributor of commercial laundry products and provider of related technical installation and maintenance services. The addition of Laundry South expands the Company’s sales and service operations into the state of Mississippi and increases its presence and market share in eastern Louisiana. Laundry South will join EVI’s Southcentral Group of commercial laundry businesses and consistent with EVI’s operating philosophy, Laundry South will operate under its current name, from its present location, and with all its employees.
Quick answer
EVI Industries is acquiring Laundry South Systems and Repair, announced May 2, 2022. EVI Industries is based in Miami, Florida, United States.
- How much did EVI Industries pay for Laundry South Systems?
- The deal value was not disclosed.
- What does EVI Industries do?
- EVI Industries, Inc., through its wholly-owned subsidiaries, is a distributor that generates revenues by selling, leasing or renting, through its extensive sales organization, commercial, industrial and vended laundry,..
- Where are EVI Industries and Laundry South Systems based?
- EVI Industries is based in Miami, Florida, United States.
- Who are the decision-makers at EVI Industries?
- Fundz holds 3 contacts at EVI Industries. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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- Evi Industries Completes Acquisition Of Spynr, Inc. – Adds Commercial Laundry Marketing Firm (May 9, 2022)
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Frequently asked
Who acquired Laundry South Systems?
Laundry South Systems was acquired by EVI Industries, based in Miami. The deal was reported on May 2, 2022. EVI Industries is publicly traded (EVI) and operates in Manufacturing.
When did EVI Industries acquire Laundry South Systems?
EVI Industries's acquisition of Laundry South Systems was reported on May 2, 2022. EVI Industries, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Laundry South Systems do?
Laundry South Systems is the company acquired in this transaction. It is privately held.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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