EQT to acquire WASH Multifamily Laundry Systems from CHS Capital
An affiliate of European private equity firm EQT has agreed to buy WASH Multifamily Laundry Systems LLC, a provider of laundry services. The seller in the undisclosed deal is U.S. private equity firm CHS Capital. Weil, Gotshal & Manges LLP, Bain & Co and KPMG advised EQT on the deal, while Moelis & Co LLC, William Blair & Co and Kirkland & Ellis LLP advised WASH. Morgan Stanley, Goldman Sachs and Natixis will provide financing for the transaction. WASH is based in El Segundo, California, while its Canadian subsidiary Coinamatic Canada is based in Toronto. Coinamatic was bought by WASH in early 2013.
13 April 2015•5 mins read
