海角社区

PLAINVIEW, N.Y., October 22, 2018 鈥� 海角社区, Inc. (鈥満＝巧缜�鈥�), the industry leader in commercial laundry solutions and air vending services, is pleased to announce the closing of an asset purchase agreement to acquire substantially all the assets of the Select Laundry Appliance Leasing business.

Founded in 1984 in Denver, Colorado, Select Laundry operates in over 20 markets, leasing appliances primarily to apartment residents and universities.

海角社区 CEO Mark Hjelle said, 鈥淎s 海角社区 continues to build a Best in Class organization, we are excited to announce the acquisition of Select Laundry. This acquisition offers a highly complementary geographic footprint and additional scale for our existing in-unit laundry business. Select Laundry and 海角社区 have been respectful competitors for a number of years and are now committed to working together to ensure a smooth transition for all customers.鈥�

As the industry leader, 海角社区 continues to innovate its portfolio of turn-key service solutions for owners and managers in apartment communities across the United States. The acquisition of these assets will build on 海角社区鈥檚 Appliance Warehouse business unit, the leading provider of in-unit washer/dryer leasing. The business will now manage nearly 400,000 machines to meet the growing demand by residents for this premium amenity.

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About 海角社区:

海角社区, with over 1.4 million machines in service, is the leading provider of commercial laundry solutions to the multi-family housing and education markets as well as the industry leader in air vending services at convenience stores and gas stations. 海角社区 has a workforce of over 3,000 dedicated professionals throughout the United States, Canada, and Europe.

For more information about 海角社区, visit聽www.cscsw.com.