Emerald Textiles, a portfolio company of Los Angeles-based private investment firms Pacific Avenue Capital Partners, LLC and Highland Avenue Funds, LLC, announced the acquisition of the assets of Staheli Laundry Services, a Saint George, Utah-based healthcare linen service provider. The acquisition is complementary to Emerald’s current West Coast footprint and allows the company to serve both the Southern Utah and Las Vegas markets, according to a news release.
“We are excited to add the Saint George location to our network of facilities. The new location expands our footprint into the Southern Utah and Las Vegas markets and is complementary to our existing locations in California and Northern Nevada, where we operate five existing facilities and are the largest healthcare linen service provider,” said Rich Bott CEO of Emerald. “Emerald is committed to providing the best value-proposition for current and future customers and we look forward to continuing to provide an extremely high level of service.”
Under Pacific’s and Highland’s ownership, Emerald has grown through significant new customer wins as a result of myopic commitment to providing the highest levels of service to our customer. The acquisition of the St. George, Utah location is the third acquisition for Emerald behind Emerald Textiles in San Diego and Mediclean Linen and Laundry in Los Angeles. Additionally, Emerald has invested heavily in upgrading existing facilities in Los Angeles and Turlock, CA. Finally, Emerald is completing its “greenfield” expansion in Northern California, Livingston, which is set to open in later September. The new facility in Livingston will be the most modern and state-of-art facility in North America.
Chris Sznewajs, Co-Founder and Managing Partner at Pacific Avenue Capital Partners, stated, “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. The culture in Saint George is focused on providing the highest level of customer service and this aligns directly with Emerald’s values. Adding the Saint George, Utah location furthers our geographic reach into Nevada and Utah and allows us to serve several of the regional health systems on the west coast with a holistic solution across our six locations throughout the western United States. We are excited to welcome the Saint George Emerald plant into our network.”
