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Evi Industries Completes Acquisition Of Spynr, Inc. – Adds Commercial Laundry Marketing Firm

PUBLIC · EVIMay 09, 2022

Acquiring Company

EVI Industries

Acquired Company

Spynr

MiamiManufacturingHardwareSoftwareCommerce And ShoppingLaundry And Dry Cleaning

Description

EVI Industries, Inc. (NYSE American: “EVI” or the “Company”) announced today that it simultaneously executed a definitive agreement and completed the acquisition of New York, NY based Spynr, Inc. (“Spynr”), EVI’s twentieth (20th) acquisition. Spynr is a highly specialized full-service marketing agency with deep roots in the commercial laundry industry. Spynr provides owners of laundry businesses a variety of marketing services, including branding, web design, digital advertising, social media services, content development, SEO, and other related services aimed to reach and attract customers to their laundry businesses efficiently and effectively.

Quick answer

EVI Industries is acquiring Spynr, announced May 9, 2022. EVI Industries is based in Miami, Florida, United States.

How much did EVI Industries pay for Spynr?
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 Spynr 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.

Other recent acquisitions in Hardware and Commerce And Shopping

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Company Information

Company

EVI Industries

Location

Miami, Florida, United States

About

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, dry-cleaning, and material handling equipment, steam and hot water boilers, water reuse and filtration systems, chemical supplies and related replacement parts and accessories. Additionally, EVI designs, plans, and installs turn-key laundry, dry cleaning, boiler, and water filtration systems and provides maintenance services through its robust technical service organization. EVI’s customers include retail, commercial, industrial, institutional, and government customers. Purchases made by customers range from parts and accessories, to single or multiple units of equipment, to large complex systems, as well as installation and maintenance services. EVI believes that the increase in equipment sales provides a strong foundation for EVI to further strengthen its customer relationships, including that they may in the future result in higher gross margin opportunities from the sale of parts, accessories, supplies, and technical services related to the equipment.

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Frequently asked

Who acquired Spynr?

Spynr was acquired by EVI Industries, based in Miami. The deal was reported on May 9, 2022. EVI Industries is publicly traded (EVI) and operates in Manufacturing.

When did EVI Industries acquire Spynr?

EVI Industries's acquisition of Spynr was reported on May 9, 2022. EVI Industries, Inc. (NYSE American: “EVI” or the “Company”) announced today that it simultaneously executed a definitive agreement and completed the acquisition of New York, NY based Spynr, Inc. (“Spynr”), EVI’s twentieth (20th) acquisition. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Spynr do?

Generate more leads through Digital marketing, Social Media Marketing, SEO and PPC service. SPYNR INC is a Digital Marketing agency helping clients convert more leads with Digital Marketing technique. It is privately held.

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