EVI Industries, Inc. completed the acquisition of Laundry Pro of Florida, Inc.
July 01, 2024
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EVI Industries, Inc. (NYSEAM:EVI) agreed to acquire Laundry Pro of Florida, Inc. on June 17, 2024. A cash consideration will be paid by EVI Industries, Inc. Laundry Pro will operate under its existing name and with its current team to provide continuity to customers, employees, and vendor partners. For the twelve months ended May 31, 2024, Laundry Pro generated revenues of approximately $12 million, which were derived from the sale of equipment, parts, and the performance of installation and maintenance services. The transaction is expected to close upon the satisfaction of customary closing conditions. EVI expects Laundry Pro?s results of operations to be accretive to its fiscal year ended June 30, 2025.
EVI Industries, Inc. (NYSEAM:EVI) completed the acquisition of Laundry Pro of Florida, Inc. on July 2, 2024.
EVI Industries, Inc., through its wholly owned subsidiaries, is a value-added distributor and a provider of advisory and technical services. The Company provides its customers with planning, designing, and consulting services related to their commercial laundry operations. The Company sells and/or leases its customers commercial laundry equipment, specializing in washing, drying, finishing, material handling, water heating, power generation, and water reuse applications. In support of the suite of products it offers, the Company sells related parts and accessories. Additionally, through the Companyâs robust network of commercial laundry technicians, it provides its customers with installation, maintenance, and repair services. It provides its suite of products and services to the replacement and new construction markets for commercial, industrial, vended, and route laundry applications. Its customers include retail, commercial, industrial, institutional, and government customers.
EVI INDUSTRIES, INC. 
