EVI Industries agrees to buy garment care operator Sudsies
EVI Industries, Inc.
EVI Industries, Inc. EVI | 0.00 |
- EVI Industries agreed to acquire Sudsies, a Miami-based consumer garment care provider, forming the base of a new consumer garment care division.
- Sudsies generated about USD 21.7 million revenue, USD 4.7 million operating income, USD 5.7 million EBITDA for the 12 months ended June 30, 2026.
- The transaction is expected to close promptly, subject to customary conditions, with Sudsies continuing under its brand led by founder Jason Loeb.
- EVI expects the deal to be accretive for the fiscal year ending June 30, 2027.
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