WASH Multifamily Laundry Systems, LLC (“WASH Laundry”), a portfolio company of CHS Capital LLC, a Chicago-based private equity firm, acquired Mississauga, Ontario based Coinamatic Canada Inc. for an undisclosed amount.
El Segundo, California based WASH Multifamily Laundry Systems is a leading provider of laundry facilities management services for apartment properties, condominiums, college and university residence halls, military bases and other multi-housing locations.
Founded in Montreal in 1946, Coinamatic Canada is Canada's largest laundry route operator and a leader in the development and delivery of customized multi-residential and commercial laundry solutions.
Goodmans LLP acted as Canadian counsel to WASH Laundry and CHS Capital with a team that included Robert Vaux, Chris Sunstrum and Jamie van Diepen (corporate/M&A); Michael Bertrand and Dan Dedic (banking and finance); Thomas Macdonald (real estate/environmental); Andrea Fellows (real estate); Alan Bowman and Kenneth Saddington (tax); Amalia Berg (IP) and Joe Conforti (employment).
Kirkland & Ellis LLP acted as US counsel to WASH Laundry and CHS Capital with a team that included Christopher Greeno and David Johanson (corporate/M&A) and Christopher Butler, Joshua Samis and Andrew Lillis (banking and finance).
The shareholders of Coinamatic Canada Inc. were represented by Davies Ward Phillips & Vineberg LLP with a team that included Robert Vineberg, Florence Simard and Diana Lyrintzis (corporate/M&A) and Marie-Emmanuelle Vaillancourt (tax) and by Orenstein & Associates with a team that included Susan Orenstein and Niall O'Kelly (corporate/M&A).