REPRESENTATIVE EXITS

Healthcare Linen Services Group

St. Charles, Illinois

Healthcare Linen Services Group

St. Charles, Illinois

Life Sciences & Healthcare


Business Description

Healthcare Linen Services Group is a provider of outsourced linen management services to the healthcare industry. The companies serve hospitals, clinics and nursing homes across the upper and central Midwest through their state-of-the-art facilities while maintaining a dedicated focus on providing outstanding customer service.

Company News

Healthcare Linen Services Group ADD-ON


Angelica Batavia

  • Batavia, New York
  • Provider of laundry processing services to some of the largest acute care facilities and hospitals in western New York and eastern Ohio.

Company News

Healthcare Linen Services Group ADD-ON


Angelica Corporation

  • Chicago, Illinois
  • Provider of laundry processing services to the greater Chicago and northwest Indiana markets.

Company News

Healthcare Linen Services Group ADD-ON


Textile Care Services (TCS)

  • Rochester, Minnesota
  • Provider of high-quality, on-time linen rental services to healthcare and hospitality industries within 200 miles of the Rochester, MN area.

Company News

VALUE CREATION

During its ownership, Thompson Street Capital Partners helped support Healthcare Linen Services Group’s growth by building a corporate infrastructure, completing several strategic add-on acquisitions and increasing operational efficiencies. Over the course of the partnership, HLSG expanded its geographic footprint, enhanced its customer service capabilities, and created a platform based on sustainability, redundancy and scale. These strategic initiatives helped HLSG establish a scalable platform for continued growth and strengthen its position as a leading provider of outsourced linen management services to the healthcare industry.