CLEAN Linen Services Ltd.
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CLEAN Linen Services Ltd. - overview
Established
1886
Location
Maidenhead, Berkshire, UK
Primary Industry
Consumer Services
About
CLEAN Linen Services Ltd. provides high-quality linen and workwear rental solutions, specializing in service-based industries such as hospitality and manufacturing, with a focus on client satisfaction and efficient inventory management. CLEAN Linen Services Ltd. was founded in 1886 and is headquartered in Maidenhead, UK.
The company delivers linen and workwear rental services tailored for the hospitality and industrial sectors. In June 2018, CLEAN was acquired by Alsco Inc. from MML Capital Partners. The CEO, Kevin Godley, oversees the operations, continuing the legacy of providing quality textile services since its establishment.
CLEAN has completed two deals to date, with the most recent deal occurring on June 4, 2018. CLEAN specializes in high-quality linen and workwear rental services tailored to the hospitality and industrial sectors. The company’s core product offerings include a diverse range of freshly laundered linens—such as bed sheets, duvet covers, and table linen—available in various sizes, colors, and finishes to meet the specific needs of hotels, restaurants, and service apartments. In addition, CLEAN provides a comprehensive selection of durable workwear garments designed for various industries, including engineering and manufacturing.
The services are enhanced by a unique linen management system that helps establishments maintain optimal inventory levels and quality. CLEAN serves a wide client base, including well-known hotel chains and transportation services across geographical markets in the UK, particularly focusing on England and Wales. CLEAN generates revenue through a structured rental model, primarily engaging in business-to-business (B2B) transactions with clients in the hospitality and industrial sectors. The company’s business transactions involve contracts for the ongoing supply of linen and workwear, often tailored to the specific requirements of each client.
This model allows for predictable cash flows as clients subscribe to regular service agreements, ensuring consistent deliveries of laundered products. In 2023, CLEAN reported revenue of USD 94. 22 mn and an EBITDA of USD 25. 14 mn, driven by the volume of linen and workwear rented, with pricing based on the type and quantity of items requested.
CLEAN Linen Services Ltd. plans to enhance its service offerings with upcoming product launches aimed at expanding its portfolio of workwear. The company is also targeting geographic expansion into new markets across the UK, notably regions beyond its current focus in England and Wales, with a timeline set to begin this initiative within the next 18 months. The acquisition by Alsco Inc.
in June 2018 is expected to provide the necessary support and resources to facilitate these growth strategies.
Primary Industry
Consumer Services
Sub Industries
Consumer Services, Textiles
Website
www.cleanservices.co.uk
Verticals
Manufacturing
Company Stage
Acquired
Total Amount Raised
Subscriber access only
CLEAN Linen Services Ltd. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | CLEAN Linen Services Ltd. | - | ||||||||
| Add-on | Completed | Paragon Laundry Ltd | - | ||||||||
| Add-on | Completed | Watford Launderers and Cleaners | - | ||||||||
| Growth | Completed | CLEAN Linen Services Ltd. | - |
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