Logan's Healthcare Linen Systems

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Logan's Healthcare Linen Systems - overview

Established

1925

Location

-, KY, US

Primary Industry

Healthcare

About

Logan's Healthcare Linen Systems specializes in providing medical linen rental and textile services tailored for the healthcare industry, focusing on hygiene, quality, and operational efficiency for healthcare facilities across several states. Founded in 1925 in Shelbyville, US, Logan's Healthcare Linen Systems delivers essential healthcare textile solutions. The company experienced a strategic merger with Superior Health Linens, LLC in October 2016 to form Healthcare Linen Services Group, enhancing its service capabilities. The firm has been involved in three significant deals since its inception, with the most recent deal occurring on October 26, 2016.


Logan's Healthcare Linens provides a comprehensive range of medical linen rental and healthcare textile services tailored to the unique needs of the healthcare industry. The company focuses on delivering quality products such as medical linens, scrubs, microfiber towels, and cubicle curtains, ensuring that healthcare facilities receive hygienically clean textiles through advanced laundering processes. Logan's Linens serves various clients, including hospitals, clinics, and long-term care facilities, primarily across Kentucky, New York, Ohio, Pennsylvania, West Virginia, and parts of Indiana and Tennessee. Logan's Healthcare Linens operates on a B2B transaction model, providing linen rental services under long-term contracts with healthcare providers.


The company’s pricing structure is based on a subscription-like model, where clients engage in agreements that specify the quantity and type of linens required. Revenue streams are generated through these service agreements, reflecting the volume of linens processed and delivered. Logan's commitment to quality and service excellence is underscored by a high renewal rate of client contracts, evidencing the reliability and trust established within the healthcare community. Following its merger in October 2016, Logan's Healthcare Linen Systems is focused on enhancing its product offerings and expanding its market reach.


The company is currently designing new product lines to meet the evolving needs of healthcare providers, with anticipated releases in the upcoming years. Future strategies also include targeting expansions into additional states and regions to broaden its service area beyond the current markets. Funding from the recent merger is expected to support these initiatives by facilitating product development and market penetration.


Current Investors

Thompson Street Capital Partners, Healthcare Linen Services Group

Primary Industry

Healthcare

Sub Industries

Consumer Services, Healthcare

Website

www.loganslinens.com

Company Stage

Merged

Total Amount Raised

Subscriber access only

Logan's Healthcare Linen Systems - 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)
MergerCompletedLogan's Healthcare Linen Systems, Superior Health Linens, LLC-
Secondary BuyoutCompletedLogan's Healthcare Linen Systems-
GrowthCompletedLogan's Healthcare Linen Systems-

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Logan's Healthcare Linen Systems - employee data

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