has been acquired by
September 2011 | Philadelphia, PA
Mufson Howe Hunter & Company is pleased to announce that Hof Laundry Systems has been acquired by Mac-Gray Corporation (NYSE:TUC).
Hof Laundry Systems is a leading laundry facilities management service. Hof Laundry Services was acquired by Mac-Gray Corporation (NYSE:TUC) for $43 million in cash after completion of an auction process.
Mufson Howe Hunter acted as exclusive sell side advisor and investment banker to Hof Laundry Systems. This engagement underscores MHH's commitment to partnering with leading business services companies.