ImageFIRST St. Louis

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

ImageFIRST St. Louis - overview

Location

St. Louis, MO, US

Primary Industry

Business Support Services

About

ImageFIRST St. Louis provides specialized linen and laundry services tailored for healthcare facilities, focusing on enhancing patient satisfaction and operational efficiency through quality medical linens and uniforms. ImageFIRST St. Louis specializes in healthcare linen and laundry services, aiming to meet the specific needs of medical facilities.


The company was acquired by ImageFIRST Healthcare Laundry Specialists, Inc. , a portfolio company of Calera Capital, in June 2019. ImageFIRST is headquartered in St. Louis, US.


Edward Orzetti serves as the CEO. ImageFIRST specializes in providing healthcare-specific linen and laundry services designed to enhance patient satisfaction and support the operational needs of medical facilities. Their core product offerings include medical linens, scrubs, lab coats, uniforms, and facility service products, all tailored to meet the unique requirements of hospitals, outpatient facilities, and specialized practices. The company’s proprietary VAULTSystem is a storage and dispensing solution that allows healthcare providers to securely manage and track scrub inventory, promoting both efficiency and compliance with safety standards.


The primary customer base includes large health systems, specialty hospitals, outpatient clinics, and surgical centers across various geographical markets in the United States. ImageFIRST operates on a business-to-business (B2B) model, providing subscription-based linen services to healthcare facilities. Clients engage in contracts that outline service agreements including regular deliveries of clean linens and scrubs, inventory management, and tailored facility service programs. The transaction structure typically involves a set monthly fee based on the volume of services provided, allowing healthcare organizations to predict and manage their costs effectively.


Furthermore, ImageFIRST's comprehensive programs ensure that clients receive high-quality, consistent products that align with their operational needs. The company's flagship products, encompassing a range of medical apparel and facility linens, are integral to their service offerings, ensuring that healthcare providers can focus more on patient care and less on logistical challenges. In June 2019, ImageFIRST Healthcare Laundry Specialists, Inc. acquired ImageFIRST St.


Louis, a strategic move aimed at enhancing their service offerings. Future growth plans include the design and launch of new healthcare linen products targeted for release in late 2023, as well as expansion into additional markets in the Midwest by 2024. The acquisition and the associated recent funding will be utilized to support these initiatives, positioning ImageFIRST St. Louis for growth in line with their business model of providing tailored linen services to healthcare providers.


Current Investors

ImageFIRST

Primary Industry

Business Support Services

Sub Industries

Facilities & Maintenance Services, Equipment Rental & Leasing, Consumer Services

Website

www.imagefirst.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

ImageFIRST St. Louis - 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)
Add-onCompletedImageFIRST St. Louis-

Displaying 1 - 1 of 1

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.