Alliance Laundry Systems Closes on Its Third Acquisition of 2021

Alliance Laundry Systems, the global leader in commercial laundry equipment, closed today on its purchase of the distribution assets of Chicago-based D&M Equipment Co. D&M is one of the top distributors of laundromat equipment in the Midwest. This is Alliance’s third acquisition of 2021 and the first acquisition of a distributor of multiple manufacturers’ products. […]

Lapels Dry Cleaning Becomes Largest Dry Cleaner On The Planet

In one clean sweep, it acquired Martinizing Dry Cleaning, 1-800-DryClean, Pressed4time, Dry Cleaning Station and Bizziebox, uniting all these brands under a new corporate entity, Clean Franchise Brands. Lapels Dry Cleaning (“Lapels”), an environmentally friendly dry cleaning company headquartered in Hanover, Massachusetts, and its equity partner, Greybull Stewardship, L.P. (“Greybull”), are pleased to announce the […]