Content about Acquisition

February 25, 2013

EL SEGUNDO, Calif. — Transaction reportedly makes WASH the second largest route laundry company

EL SEGUNDO, Calif. — WASH Multifamily Laundry Systems, which provides laundry facilities management services, has acquired Coinamatic Canada, that country’s largest provider of multifamily laundry services. This transaction makes WASH the second largest route laundry company and the only multinational laundry company in North America, it reports.

“Coinamatic brings experience in the Canadian market, key technology and commercial distribution channels complementary to our current business lines,” says Adam Coffey, WASH president/CEO. “This acquisition is an important step in executing our overall growth strategy to expand our machine base, revenue streams and geographic focus.”

Coinamatic will become a wholly owned subsidiary of WASH Laundry but maintain the Coinamatic brand name in the Canadian market.

With Coinamatic’s approximately 100,000 installed washers and dryers throughout Canada, WASH’s installed base climbs to more than 400,000 machines with an estimated combined revenue of $425 million. Coinamatic Canada also runs a commercial laundry division and a division that manages parking facilities.

“We, at Coinmatic, are very excited about the new opportunities that becoming a part of WASH Laundry provides,” says Sean Smith, president/CEO of Coinamatic. “We look forward to leveraging our two companies’ synergies in dedication to customer service and operational efficiency.”

October 22, 2012

Coinmach Acquires SDI Laundry Solutions

PLAINVIEW, N.Y. — Coinmach benefits from SDI technology, SDI benefits from Coinmach’s customer depth, geographic reach

PLAINVIEW, N.Y. — Coinmach, a supplier of outsourced laundry services, has acquired SDI Laundry Solutions, a laundry room design and management company. SDI President Ron Garfunkel will remain in his position, as will his leadership team and service personnel, and SDI will continue to operate from its Yonkers, N.Y., headquarters.

Terms of the acquisition were not announced.

“I am excited by this acquisition, as SDI is a highly respected company in our industry, with great leadership, smart technology, and a stellar reputation in the New York metropolitan area,” says Robert M. Doyle, Coinmach's CEO. “This is especially true in the supportive and affordable housing sectors.”

“This is a great development for SDI and for its valued customers,” Garfunkel says. “Joining Coinmach will enable us to benefit from the resources of a nationwide organization, as we continue to deliver the high-touch personal service SDI is known for.” Within the New York area, Coinmach brings substantial regional coverage and resources to the relationship. SDI deploys non-coin payment systems, operating an almost purely coinless business in an industry still dominated by coin-fed laundry machines.

Coinmach will benefit from access to SDI’s proven technology and established reputation, Doyle says, while SDI benefits from Coinmach’s customer depth and geographic reach.

May 21, 2012

Super Laundry Acquires RAF Equipment Co.

WOODBURY, N.Y. — Acquisition expands distributor’s presence in New Jersey

WOODBURY, N.Y. — Super Laundry Equipment Corp., which says it is the country’s largest distributor of coin and on-premise laundry equipment, has expanded its presence in New Jersey by acquiring RAF Equipment Co., based in Nutley, N.J.

Terms of the acquisition were not announced. The deal solidifies Super Laundry’s expansion in New Jersey and the Tri-State area, the company says.

“With over 55 years of experience, RAF understands that integrity and a core belief in quality service are critical to customers,” says Mike Stanky, COO of Coinmach Corp. “With our shared business values, the critical focus on the customer, and our superior purchasing power, the combination of RAF and Super Laundry will position us as a market leader for years to come.”

RAF and Super Laundry will combine their operations in Linden, N.J., where Dick Luca will head the combined firm.

“Super Laundry will be a great partner going forward,” says Raymond Fusco Sr., president of RAF Equipment. “I have worked with Dick over the last 30 years, and we both know that taking care of customers and our employees will be critical as our partnership moves forward.

“My son, Ray Jr., and I look forward to carrying on this dedication to customer service and industry expertise.”

March 19, 2012

Clean Show Selects GES as Official Contractor

ATLANTA — Show committee picks Las Vegas-based company from

ATLANTA — The Clean Executive Committee has selected Global Experience Specialists (GES) to serve as the official services contractor for the 2013 Clean Show in New Orleans.

Three companies submitted proposals for the June 2013 show. “GES did our show in New Orleans in 2009 and did a great job,” says John Riddle, president of Riddle & Associates, the Clean Show’s management company. “We look forward to working with them again in 2013.”

Chicago hosted the first Clean Show in 1977. United Exposition Service Co. was the official services contractor for that event and subsequent shows. GES purchased United in 1993, and the Las Vegas-based company has continued its partnership with the Clean Show for many shows since.

GES produces 3,000 exhibitions and events annually.

The Clean Show—officially titled the World Educational Congress for Laundering and Drycleaning—attracts people across all segments of the textile care industry, from single-owner, coin-operated laundry and drycleaning establishments to giant industrial and institutional laundries and textile rental companies.

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January 17, 2007

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