1 February 2019
Alliance Laundry Systems to Acquire Commercial & Coin Laundry Equipment Co.
[Ripon, Wisconsin, February 1, 2019] Alliance Laundry Systems, the global leader in commercial laundry equipment, has reached an agreement to purchase Commercial & Coin Laundry Equipment Co. (CLEC). The deal is expected to be finalized for closing in early March.
Headquartered in Gulf Breeze, Fla., CLEC recently expanded into the Texas market and stands as one of the largest commercial laundry equipment distributors in the Southeast region.
“We are delighted to partner with a best-in-class operator, whose energy, passion and leadership are natural complements to Alliance Laundry Systems,” said Mike Schoeb, CEO of Alliance Laundry Systems. “Furthermore, the laundry industry is undergoing a period of change and having a more direct presence makes sense in today’s market.”
CLEC has been serving the needs of commercial laundry customers since 1982. The company’s coverage area includes the Florida panhandle, Mississippi Gulf Coast, and parts of Alabama, Georgia, and Louisiana. In February of 2018, the company purchased Texas Laundry Service Co., adding the greater Houston area to its territory. It was CLEC’s third acquisition in eight years.
“This sale truly is a win-win for not just both entities, but most importantly, for customers in the areas CLEC serves,” said Craig Dakauskas, president of CLEC. “Our team prides itself on a high level of service and the ability to use the resources of a larger company like Alliance will ensure our capability remains unmatched.”
For more information about Alliance Laundry Systems, visit alliancelaundry.com. To learn more about CLEC, visit clecco.com.
About Alliance Laundry Systems
Alliance Laundry Systems makes the world cleaner as the premier provider of laundry solutions. We deliver Leading performance through our exceptional employees, unmatched quality and our commitment to innovation. Alliance leads the world in commercial laundry sales, product range, reach and R&D investment. No competitor comes close. Our laundry solutions are available under five respected brands, sold and supported by a global network of select distributors. We serve more than 140 countries with a team of more than 2,900 employees. Our brands include Speed Queen®, UniMac®, Huebsch®, Primus® and IPSO®. Together they present a full line of commercial washing machines, dryers and ironers (with load capacities from 12–400 lb., or 6–180 kg.) and every essential support service necessary to keep your operation running at maximum efficiency. You can also enjoy the superior wash and fabric care of commercial-grade laundry equipment in your home through our legendary Speed Queen® washers and dryers. At Alliance, we aim to bring you laundry peace of mind with an award-winning customer experience that’s unrivaled in our industry.
For more information, visit www.alliancelaundry.com.