Alsco Inc.

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Alsco Inc. - overview

Established

1889

Location

Salt Lake City, UT, US

Primary Industry

Consumer Services

About

Alsco Inc. is a global leader in uniform and linen rental services, providing high-quality laundry solutions to various industries, ensuring safety, comfort, and professionalism in the workplace. Founded in 1889 in Salt Lake City, US, Alsco Inc. specializes in uniform rental and laundry services.


The company was co-founded by Leny Steiner and Luiz Stellet, who aimed to revolutionize the textile rental industry. Alsco has maintained a strong presence in North America and continues to serve international markets. Alsco Uniforms specializes in providing a comprehensive range of products and services centered on uniform and linen rental, laundry services, and facility maintenance supplies. Their core offerings include professionally laundered uniforms designed for diverse industries such as automotive, healthcare, hospitality, and food processing, ensuring that businesses have access to high-quality workwear that enhances employee safety and promotes team spirit.


In addition to uniforms, Alsco offers a variety of linens, including tablecloths and towels, alongside essential washroom and floor care supplies. The company caters to a broad client base across North America and international markets, emphasizing a commitment to elegance and comfort in business environments. Alsco Uniforms stands out for its extensive experience in the industry, having pioneered many standards since its inception in 1889. Alsco Uniforms operates on a subscription-based model, primarily serving businesses through direct partnerships that facilitate ongoing uniform rental and laundry services.


Clients typically engage in long-term agreements that ensure regular service delivery, allowing the company to maintain a steady revenue stream. The pricing structure is designed to provide a competitive weekly fee that encompasses the rental of uniforms, linens, and additional facility supplies, creating a worry-free experience for customers. The flagship offerings include comprehensive uniform services tailored to specific industries, ensuring compliance with safety standards while fostering organizational morale. Transactions are structured to streamline inventory management and maintain consistent supply levels, which is crucial for businesses operating in sectors that rely on high-quality workwear and support supplies.


Alsco Inc. is currently focused on expanding its product line by launching new and innovative uniform designs tailored to specific industry needs within the next year. The company plans to enter additional international markets, particularly in Europe and Asia, by 2025, aiming to broaden its global footprint. To support these initiatives, recent funding will be utilized to enhance production capabilities and improve service delivery mechanisms.


Primary Industry

Consumer Services

Sub Industries

Consumer Services, Textiles

Website

www.alsco.com

Verticals

Manufacturing

Total Amount Raised

Subscriber access only

Alsco Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Trade SaleCompletedCLEAN Linen Services Ltd.-

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