EVI - Mergers and acquisitions

EVI Industries, Inc. (NYSE American: "EVI" or the "Company") announced today that it simultaneously executed a definitive asset purchase agreement and completed the acquisition of ASN Laundry Group ("ASN"), a New York-based distributor of commercial laundry products and a provider of related technical installation and maintenance services. ASN is EVI's 31st acquisition in the commercial laundry distribution and service industry. The addition of ASN increases EVI's presence and market share in the state of New York and will enable the Company to provide increased customer service. Henry M. Nahmad, EVI's Chairman and Chief Executive Officer, commented: "This acquisition is about more than e

EVI Industries, Inc. (NYSE American: "EVI" or the "Company") announced today that it completed the acquisition of Jeffersonville, Indiana based O'Dell Equipment and Supply, LLC ("O'Dell"), a distributor of commercial laundry products and a provider of related technical installation and maintenance services to the on-premise and vended laundry segments of the commercial laundry industry. O'Dell is EVI's twenty-eighth (28th) acquisition in the commercial laundry distribution and service industry and twelfth (12th) in the Southeast region of the United States. Henry M. Nahmad, EVI's CEO commented: "The addition of O'Dell is consistent with our strategy to offer the broadest portfolio of comme

EVI Industries, Inc. (NYSE American: "EVI") announced today that it completed the acquisition of Dallas, TX based Ed Brown Distributors, a distributor of commercial laundry products and a provider of installation and maintenance services to the on-premise and vended laundry segments of the commercial laundry industry. Consideration for the purchase of Ed Brown was paid in cash. Henry M. Nahmad, EVI's Chairman and CEO, commented: "With the acquisition of Ed Brown, we add a team of experienced sales and service personnel and new product representations that combined are important to achieving our growth objectives in the central region of the United States. As is customary, the company will

EVI Industries, Inc. (NYSE American: "EVI" or the "Company") announced today that it simultaneously executed a definitive asset purchase agreement and completed the acquisition of Express Parts and Services ("EXP"), a distributor of commercial laundry products and a provider of related technical installation and maintenance services based in Sykesville, Maryland. The addition of EXP increases EVI's presence and market share in the state of Maryland and will enable the Company to provide increased customer service throughout the region. Henry M. Nahmad, EVI's Chairman and Chief Executive Officer, commented: "We believe that each acquisition is integral to achieving our long-term growth goa

EVI Industries, Inc. (NYSE American: "EVI" or the "Company") announced today that it simultaneously executed a definitive agreement and completed the acquisition of New York, NY based Spynr, Inc. ("Spynr"), EVI's twentieth (20th) acquisition. Spynr is a highly specialized full-service marketing agency with deep roots in the commercial laundry industry. Spynr 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 Mr. Dennis Diaz, a you

EVI Industries, Inc. (NYSE American: "EVI" or the "Company") announced today it simultaneously executed a definitive agreement and completed the acquisition of Pearl, Mississippi based Laundry South, EVI's nineteenth (19th) distributor of commercial laundry products and provider of related technical installation and maintenance services. The addition of Laundry South expands the Company's sales and service operations into the state of Mississippi and increases its presence and market share in eastern Louisiana. Laundry South will join EVI's Southcentral Group of commercial laundry businesses and consistent with EVI's operating philosophy, Laundry South will operate under its current name, f