WASH Multifamily Laundry Systems Acquires CM Washer Service
WASH Multifamily Laundry Systems, a portfolio company of Chicago-based CHS Capital™, completed the acquisition of CM Washer Service, a provider of laundry services for the multi-tenant housing industry headquartered in Santa Fe Springs, California.
Since 1929, CM Washer Service has provided sales, leasing and service of laundry room equipment to multi-tenant housing owners throughout Los Angeles and Orange County. The acquisition will further enhance WASH’s presence on the West Coast.
“This acquisition advances our goal to increase our operational infrastructure through market density at a local and national level,” said Adam Coffey, President and CEO of WASH.
Rich Lobo, Partner at CHS Capital, said, “This is the seventh acquisition we have completed during our ownership of WASH. This type of tuck-in acquisition plays an important role in achieving our long-term strategic objective to grow the business. We continue to pursue other acquisition opportunities in the multi-family laundry market.”
Based in El Segundo, California, WASH is a leading provider of laundry facilities management services for apartment properties, condos, college and university residence halls, military bases and other multi-housing locations. Founded in 1947, WASH services 45,000 locations throughout the U.S. For additional information, please visit
CHS Capital is a Chicago-based private equity firm with 24 years of experience investing in the middle market. Through partnerships with strong management teams, CHS Capital accelerates earnings growth and drives value creation through human capital enhancements, performance improvement actions and strategic growth initiatives. Throughout its history, CHS Capital has made investments in over 380 businesses and invested $2.9 billion of capital. For additional information, please visit