Compass Group sells US Crothall Laundry to global investment group H.I.G Capital

Recently, H.I.G. Capital – a global alternative investment firm – announced that one of its affiliates has acquired Crothall Laundry Services from Compass Group plc, the British multinational. Crothall Laundry was founded in 1991 and provides outsourced laundry and linen management services to the healthcare and hospitality sectors.

The sale reportedly involves 29 operations that process 600 million lbs (272 million kg) of linens annually, and complies with quality and sustainability standards and processes.

Crothall CEO Michael Barner stated that over the last three decades, substantial investments in plants, infrastructure and capabilities have been made in order to support the growth of leading healthcare organizations. The company executive also stated to be pleased to work with H.I.G. Capital to carry out further expansion plans.

According to Richard Stokes – managing director at H.I.G. – the acquired company can be considered a leader in the laundry and linen-management sector, serving healthcare institutions through the combination of best-in-class operations, scalable data-driven processes and a stringent focus on quality. He also stated that – since these solutions have positioned Crothall as a critical partner to healthcare providers – his company is looking forward to further support growth initiatives.