Northleaf Capital Partners and AVALT have signed definitive agreements to acquire WASH Multifamily Holdings Inc. from EQT, with the deal expected to close in Q3 2025 pending regulatory approvals.

Target Information

WASH Multifamily Holdings Inc. is a prominent provider of route-based laundry infrastructure services in North America. The company specializes in providing laundry services and equipment to multifamily residential properties, making it a critical player in an essential sector that supports everyday living for many households.

WASH has a strong market presence and a proven operational model, which positions it favorably for continued growth and operational efficiencies. The company's robust logistics and service infrastructure ensure customer satisfaction and recurring revenue streams.

Industry Overview

The laundry services industry in North America is characterized by its essential nature, offering a range of services from traditional laundering to advanced laundry infrastructure soluti