![]() Guggenheim Securities, LLC and Morgan Joseph TriArtisan LLC acted as the investment bankers and Klehr Harrison Harvey Branzburg LLP provided legal counsel to Life Uniform. Genesis Capital, LLC acted as the investment banker and Ballard Spahr, LLP provided legal counsel for Scrubs & Beyond. Their team’s persistent attention to the details and mechanics was the critical ingredient to our success.” Genesis Capital helped us navigate the complex process of buying a business out of bankruptcy and negotiating with numerous parties of the seller.” Bakersmith added, “from initial negotiation of the transaction terms through to the deal closing, Genesis Capital ensured that all of the necessary steps were completed and successfully managed. Ryan Strong, Chief Financial Officer, said “The expertise and guidance that we received from Genesis Capital throughout the entire process of our first acquisition was invaluable. ![]() “We want to take care of those who take care of others.” said Karla Bakersmith President & Founder of Scrubs & Beyond.īakersmith said “This acquisition provides us a national footprint to better serve hospital systems, medical facilities, physician offices, nursing schools, and other healthcare facilities with the changes in their dress code requirements.” Bakersmith added, “The most exciting part of this acquisition is the opportunity for Scrubs & Beyond to leverage its position as the largest retailer in our industry to continue to innovate, offer new and unique product, and to continue to set the standard for great customer service in our industry.” The Company provides unmatched quality and value along with an outstanding, professional and caring guest service staff. Scrubs & Beyond offers the most comprehensive selection of medical apparel, footwear, and equipment, catering to medical professionals in all specialties. The company employs approximately 1,000 employees, with 110 at the corporate headquarters in St. Scrubs & Beyond is now the largest multi-channel supplier of healthcare apparel and accessories in the country with 27 Scrubs & Beyond branded stores, 116 Life Uniform branded stores, and 11 Uniform City branded stores – a total of 154 total stores operating in 31 states. (collectively, “Life Uniform”) The final purchase price was $22,625,000, prior to closing adjustments. ![]() Scrubs & Beyond, LLC announced it has completed the purchase of substantially all of the operating assets of Healthcare Uniform Company, Inc.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |