Location: Charlotte, NC
Initial Investment Date: 7/6/2000
Coinmach Corporation (AMEX: DRY) provided outsourced laundry equipment services for multi-family housing properties in North America. It engaged in leasing laundry rooms from building owners and property management companies, installing and servicing laundry equipment and operating retail laundromats. Through Appliance Warehouse of America, the Company leased laundry machines and other household appliances to property owners and managers of multi-family housing properties. Through Super Laundry Equipment Corp. (“Super Laundry”), Coinmach constructed, designed and retrofitted laundromats and distributed laundromat equipment. In addition, Super Laundry built and developed laundromat facilities for sale as franchise locations.