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EVI Continues Acquisition Growth

Distributor completes purchases in New York, Mississippi, agrees to purchase in Colorado

MIAMI — Laundry equipment distributor EVI Industries Inc., based here, reports that it simultaneously executed definitive agreements and completed acquisitions of New York-based based Spynr Inc. and Pearl, Mississippi-based Laundry South.

In addition, the company says it has executed a definitive agreement to acquire Lakewood, Colorado-based Clean Designs Inc. and Clean Route LLC (together “Clean Designs”).

These completions and agreements bring EVI up to 20 acquisitions of industry businesses.

Spynr is a highly specialized full-service marketing agency with deep roots in the commercial laundry industry, according to EVI. It provides owners of laundry businesses a variety of marketing services, including branding, web design, digital advertising, social media services, content development, SEO and other related services aimed to reach and attract customers to their laundry businesses efficiently and effectively.

Spynr was founded by Dennis Diaz, an entrepreneur with more than years of experience in the commercial laundry industry. He leads a team of 13 digital marketing professionals that together have developed and deployed marketing solutions specifically designed for the commercial laundry industry.

“Our customers make significant financial investments in their laundry businesses,” says Henry M. Nahmad, EVI’s chairman and CEO.

“Given the competitive environment, maximizing the return on their investment also requires laundry business owners to think and deliver across the entire marketing spectrum, from branding to web design to digital marketing, and beyond. To that end, we seek to provide these critical services to existing and prospective customers such that they may achieve their return expectations.

“Through Spynr, we expect to deliver the industry and our company these necessary marketing capabilities.”

Spynr will operate as a subsidiary of EVI under its current name and from its present location, will continue to be led by Diaz and all its associates, and have the full extent of EVI’s resources with which to execute on the company’s long-term growth strategy.

In addition, Diaz will serve as EVI’s director of marketing.

Laundry South is a distributor of commercial laundry products and provider of related technical installation and maintenance services.

EVI says the addition of Laundry South expands its sales and service operations into Mississippi and increases its presence and market share in eastern Louisiana.

Laundry South will join EVI’s Southcentral Group of commercial laundry businesses and will operate under its current name, from its present location and with all its employees.

“The addition of Laundry South is consistent with our mission to amass the brightest, most ambitious, and talented sales, service, and support professionals in the commercial laundry industry such that we may deliver our growing customer base comprehensive commercial laundry solutions,” Nahmad comments.

“We are excited about the growth prospects for the Laundry South Team, and we look forward to collaborating with them to that end.”

Clean Designs is a distributor of commercial laundry products and a provider of related technical installation and maintenance services to on-premises, vended and multi-family laundry customers.

EVI says the addition of Clean Designs further strengthens its market share position in the West region of the United States.

With Clean Designs, EVI adds an experienced sales team with established customer relationships and a consistent record of growth, a service team with a longstanding reputation for providing reliable service, and a management team from which the company says it may further build its commercial laundry operations in and around  Colorado.

Looking forward, Clean Designs will offer a broader product range, pursue new growth opportunities and have access to advanced technologies EVI says it is deploying to drive future growth, efficiency and profitability.

Consistent with EVI’s operating philosophy, Clean Designs will operate as a subsidiary of EVI under its current name and from its present location, will continue to be led by Tim Stoklosa, and have the full extent of EVI’s resources with which to execute on the company’s long-term growth strategy.

“Our company is especially excited about the benefits we will derive from the addition of Tim Stoklosa and the Clean Designs team,” Nahmad says.

“We also look forward to working with our loyal suppliers who welcome the growth opportunities this acquisition represents and to delivering a broader product range and enhanced technical service capabilities to commercial laundry customers across the region.”

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