Washstation Limited has been acquired by JLA Limited
The private shareholder of Washstation Limited has sold the company to JLA Limited for an undisclosed consideration.
Washstation was founded in 2005 to provide managed launderette services, principally to university accommodation. From a standing start, Washstation has gained a wide footprint in the UK and is now one of the leading providers in the sector.
Founded in 1973, JLA engages in the supply and service of commercial and industrial laundry, catering, and healthcare equipment in the UK. The acquisition of Washstation is complementary to the group’s existing services.
Paul Humphreys, Group CFO of JLA Limited, said: “We found that the appointment of Smith & Williamson to support the vendor of Washstation really helped create an effective transaction process that saw both parties achieve their goals.”
Oaklins Smith & Williamson, based in the UK, advised the seller in this transaction.
Talk to the deal team
Related deals
Dolmans Landscaping Group has welcomed Foreman Capital as a new shareholder to support further growth
Dolmans Landscaping Group, a leading full-service provider of landscaping services, has welcomed Foreman Capital as a new shareholder. By partnering with Foreman Capital, which has extensive experience in building stronger companies in the maintenance of public spaces, Dolmans can accelerate its growth trajectory across core verticals and further professionalize the business.
Learn moreBackspin has completed a mandatory public tender offer for the shares of Spindox
Backspin S.p.A. has completed a mandatory public tender offer for Spindox S.p.A.
Learn moreGSP Group has secured an upsized growth refinancing package from HSBC
The GSP Group has refinanced its growth facilities through an upsized financing package provided by HSBC.
Learn more