MIAMI, Fla. –EnviroStar, Inc. (“EVI”) announced that it completed the acquisition of substantially all of the assets of Western State Design LLC, a California based distributor of commercial, industrial, and coin-operated laundry products and a provider of installation and routine maintenance services.
As a result of the transaction, Western State Design and Steiner-Atlantic Corp., EVI’s Florida-based wholly owned subsidiary, create the commercial laundry industry’s largest distributor serving over 7,500 customers across the United States, the Caribbean, and Latin America, according to the news release.
Henry M. Nahmad, EVI’s Chairman and Chief Executive Officer, commented: “The addition of Western State Design is a big first step in the execution of our buy and build growth strategy. Not only does this addition significantly increase our revenues and market share, but it also substantially strengthens our senior leadership team, which we believe best positions EVI to execute on acquisition and organic growth opportunities in the years ahead.”
