EnviroStar (EVI) announced that Symmetric Capital acquired a majority of stakes held by president and CEO Michael Steiner and his brother Robert Steiner. Following the transaction, Symmetric Capital will hold a 40.4% stake in EVI, Michael Steiner will retain 8.5% and Robert Steiner will own 1.4%. Symmetric Capital's Henry Nahmad was named president, board chairman and CEO of EVI, succeeding Michael Steiner who has been appointed as executive vice president and chief operating officer.
Previously, Nahmad served as CEO of food safety company Chemstar Corp.
EVI Industries, Inc., through its wholly owned subsidiaries, is a value-added distributor, and provides 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. The commercial and industrial laundry equipment distributed by the Company includes washroom, finishing, material handling, and mechanical equipment such as washers and dryers, tunnel systems and vended machines. The finishing equipment distributed by the Company includes sheet feeders, flatwork ironers, automatic sheet folders, and stackers. It also provides its customers with installation, maintenance, and repair services. Its customers include government, institutional, industrial, commercial, and retail customers.
EVI INDUSTRIES, INC. 
