Encore Textile Services LLC

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Encore Textile Services LLC - overview

Established

2017

Location

San Diego, CA, US

Primary Industry

Materials

About

Encore Textile Services LLC, based in the US, specializes in providing healthcare linen and laundry services, focusing on delivering hygienically clean textile products to acute care facilities across the Western United States. Encore Textile Services LLC operates in the healthcare linen and laundry services sector, primarily serving acute care facilities. Founded in 2017 and headquartered in San Diego, US, the company has established itself with a significant deal in August 2021, where Pacific Avenue Capital Partners committed over USD 200 mn during a Secondary Buyout. Greg Anderson serves as CEO of the firm, guiding its strategic growth and operational initiatives.


Encore Textile Services, under the brand Emerald Textiles, offers comprehensive healthcare linen and laundry services. Their product range includes patient gowns, sheets, towels, and other textile items necessary for hospitals and outpatient clinics, ensuring compliance and high-quality standards through advanced technology and automated systems. Operating in California, Nevada, Arizona, and Utah, the company meets the linen requirements of diverse healthcare institutions. Emerald Textiles generates revenue through B2B transactions with healthcare providers, primarily via service contracts for linen supply and laundry services.


Pricing structures are tailored to accommodate the varied needs of healthcare facilities, allowing clients to efficiently manage their linen inventory through regular service agreements. In August 2021, Emerald Textiles, LLC transitioned to the Pacific Avenue Emerald Continuation Fund with a commitment from Pacific Avenue Capital Partners exceeding USD 200 mn. This funding will support the company's organic growth strategy and expansion through future acquisitions. Plans include the introduction of new products designed to enhance service offerings and a targeted expansion into additional markets in the Western United States in the upcoming years.


Current Investors

BlackRock Private Equity Partners (PEP), Allstate Investments, DWS

Primary Industry

Materials

Sub Industries

Business Support Services, Textiles

Website

www.emeraldus.com

Verticals

Manufacturing

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Encore Textile Services LLC - 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)
Secondary BuyoutCompletedEncore Textile Services LLC-
Add-onCompletedEmerald Textiles, LLC-
MergerCompletedAssociated Laundry Management, LLC, Campus Laundry-

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