WASH Multifamily Laundry Systems Transaction

May 14, 2015—JMBM client WASH Multifamily Laundry Systems, the largest Canadian provider and second largest US provider of route-based laundry services to multifamily apartments and universities, closed its sale to EQT Infrastructure II, a European private equity fund. The transaction involved the sale by WASH’s existing private equity fund owner, CHS Capital, to EQT.  JMBM attorneys, led by Robert Steinberg, assisted WASH and its management team in certain aspects of the transaction. In its news release, EQT stated its commitment to the continued growth and expansion of the company.