Clairvest exits investment in textile rental business Linen King
Canadian private equity firm Clairvest Group recently realized its investment in Linen King LLC, a U.S.-based textile rental business that provides commercial laundry services to the healthcare and hospitality industries. The nature of the exit was not specified by Clairvest, which noted the event in its fiscal 2016 second quarter results. The firm invested US$8.6 million in Linen King in October 2011. Clairvest also exited Casino New Brunswick as a result of last month's sale to Great Canadian Gaming Corp.
13 November 2015•4 mins read
