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Emerald Textiles Acquires Assets from Angelica Corporation


San Diego, December 4, 2021 – Emerald Textiles™ (“Emerald”), a portfolio company of Los Angeles-based private investment firm Pacific Avenue Capital Partners, LLC (“Pacific Avenue”), announced that it has acquired the West Coast assets of Angelica Corporation (“Angelica”), a national healthcare linen service provider, according to a news release.

The transaction includes nine facilities and allows Emerald to expand into the Phoenix and Las Vegas markets and strengthen its footprint in both Northern and Southern California. This major expansion establishes Emerald as the largest healthcare textiles provider in the Western United States, leading in exceptional quality of care and laundry services for the healthcare market.

“We are excited to build out our network of facilities with the acquisition of Angelica’s West Coast assets,” said Andy Kratky, Chief Executive Officer of Emerald. “The new locations are complementary to our existing locations in California, Nevada, and Utah, where we currently operate six facilities and are the largest healthcare linen service provider. This acquisition represents a continuation of our effort to build a world-class healthcare linen provider that can serve the overall needs of the West Coast market, where our current and future customers continue to expand and benefit from our support.”

Emerald is a provider of outsourced linen management services and specialty products to hospitals, clinics, and other healthcare facilities in the Western United States. Emerald provides a full suite of products encompassing traditional linens and add-ons (e.g., mops, mats, scrubs, and isolation gowns) and is committed to providing the best value-proposition to customers through the highest quality and trusted service. The Company has experienced impressive growth with significant transformation through add-on acquisitions, $35MM of capital invested across our six best-in-class facilities since 2018, the greenfield expansion in Livingston in 2019, large customer wins, and meaningful operational improvements. Including the newly acquired Angelica assets, Emerald serves nearly 2,000 customer sites. Guided by the mantra Clean Matters®, Emerald delivers high standards of cleanliness, industry compliance and customer satisfaction.

“Pacific Avenue, alongside the Emerald team, continue to transform the linen services landscape in the Western United States. The acquisition demonstrates our commitment to invest and grow the business to better serve the needs of our customers,” said Chris Sznewajs, Founder and Managing Partner of Pacific Avenue. “We are excited to integrate the Angelica assets into the Emerald network and will continue investing in our facilities and state-of-the-art equipment to ensure we meet the needs of our customers.”