ImageFIRST Acquires Its Cedar Rapids Franchise
KING OF PRUSSIA, Pa. – OCTOBER 16, 2020 – ImageFIRST, a leading provider of laundry services for the healthcare industry, announced on Friday the acquisition of its Cedar Rapids franchisee. Terms of the transactions were not disclosed.
This acquisition was supported by Calera Capital, a leading middle-market private equity firm that acquired a majority stake in ImageFIRST in October 2018. The Cedar Rapids team has been an ImageFIRST franchise since June of 2007.
“We’re excited to welcome the Cedar Rapids team to our corporate organization,” said Jim Cashman, President and CEO of ImageFIRST. “Brian Plumb and John DeYoung have built a great business that will enable us to continue providing superior service in the Midwest.”
ImageFIRST continues to expand its national footprint through a combination of organic and acquisition driven growth. The Cedar Rapids franchise expands ImageFIRST’s linen rental and laundry services presence in the Great Lakes Region, building upon its acquisitions of the St. Louis franchise and Faultless Linen mid-last year. ImageFIRST has over 50 locations nationwide that serve over 14,000 medical facilities every week.
Founded in 1967, ImageFIRST® is the largest and fastest growing national linen rental and laundry service specializing in the healthcare market. ImageFIRST’s over 50 locations nationwide serve over 14,000 medical facilities every week providing linen, patient gowns, scrubs and more while managing their clients’ linen inventory for cost management. With a customer retention rate of over 95%, ImageFIRST is dedicated to improving patient satisfaction through quality products and remarkable service: their Comfort Care® line of gowns are proven to increase patients’ favorable perception of a facility by more than 50%.
ImageFIRST Healthcare Laundry Specialists