Thompson Street Capital Partners Portfolio Company Healthcare Linen Services Group Acquires Textile Care Services
ST. LOUIS (September 21, 2017) – Thompson Street Capital Partners (TSCP), a private equity firm based in St. Louis, has announced that its portfolio company Healthcare Linen Services Group (formerly Logan’s Linens/Superior Health Linens) has acquired Rochester, Minnesota-based Textile Care Services (TCS). TCS is a provider of linen services to the Healthcare and Hospitality industries. Terms of the transaction were not disclosed.
TCS (www.textilecs.com), provides high-quality, on-time healthcare linen rental services to hospitality and healthcare providers within a 200 mile radius of Rochester, MN. The Company enjoys an excellent reputation for customer service and product selection and exceeds the processing standards of state and federal requirements.
Said Jim Cooper, Managing Partner, TSCP, “We are excited to add Textile Care Services to the Healthcare Linen Services Group. This acquisition brings a great deal of additional territory to our healthcare linens platform and brings with it strong customer relationship with prominent positions in the healthcare industry.” Added Mr. Cooper, “The adding on of TCS is in keeping with our ongoing commitment to help grow TSCP’s portfolio companies.”