CleanLease Fortex Create Benelux champion

Profile

CleanLeaseFortex specialises in cleaning and leasing textiles, linen and work clothing to hospitals, healthcare institutions and the hospitality sector in the Netherlands and Belgium. The company is a leading player in the Benelux market for textile services.

www.cleanlease.com

Sales tripled

Sales tripled

5 add-on acquisities

5 add-on acquisities

650 new employees

650 new employees

Strategy

  • Partnership with a strong DGA/founder and external management team
  • Transformation into a professional and institutionalised Benelux market leader
  • Consolidate fragmented market via 5 add-on acquisitions
  • Realise synergies to create sustainable competitive advantage in a market where scale is important
  • Sold to a large domestic private equity party

Investment date

2004 - 2011

Deal type

Transition family-owned business

Theme

Buy-and-build

Sales

€ 140 million

Employees

1.300