Mergers & Acquisitions ·
EVI Industries, Inc. entered into definitive asset purchase agreements to acquire substantially all assets of JLOJB…
EVIEvi Industries, Inc.
EVI Industries, Inc. entered into definitive asset purchase agreements to acquire substantially all assets of JLOJB, Inc. (f/k/a Sudsies, Inc.) and its affiliates through four separate transactions (A, B, C, and D) for a total consideration of approximately $34.62 million in cash and common stock. The acquisition includes the purchase of personal goodwill from Jason Loeb. EVI Industries, Inc. is a value-added distributor and provider of advisory and technical services for the commercial laundry industry.