Estimated Control (29%) Announced Transaction verified ConsumerDry CleaningGarment CareGarment Care ServicesLuxury Garment Care

Sudsies, Inc. acquired by EVI Industries, Inc.

EVI Industries, Inc. agreed to acquire Sudsies, Inc., a Miami, Florida, USA garment care services brand, on Jul 20, 2026.

Transaction summary

Target: Sudsies, Inc.
Acquirer: EVI Industries, Inc.
Seller: -
Announced: 2026-07-20
Geography: Miami, Florida, USA
Tags: ConsumerDry CleaningGarment CareGarment Care ServicesLuxury Garment Care
Type: Acquisition
Deal type: Control
Stake acquired: 29%
First added: 2026-08-08
Latest update: 2026-08-08

Value and multiples

100% enterprise value

USD 34.6M

100% enterprise value | USD

Basis: Public source

Reported price is assumed to be 100% EV unless stated otherwise. Partial-stake estimates are qualified in the basis notes.

EV / revenue

1.6x

Period: LTM 2026

Basis: Public source

EV / EBITDA

6.07x

EBITDA basis not stated

Basis: Public source

Amounts paid and other reported values

Original reported amounts and bases; a stake payment is distinct from the estimated whole-company valuation.

Consideration: USD 34.6M

EVI Current Report on Form 8-K filed 23 July 2026: https://www.sec.gov/Archives/edgar/data/65312/000143774926024286/evi20260708_8k.htm

Basis

USD 34.6m consideration is treated as publicly disclosed or derived directly from public source data.
Valuation covers 100% of the target; the amount invested or paid for a stake is separate.
Implied EV / revenue is 1.6x, calculated from USD 34.6m value and USD 21.7m revenue.
Implied EV / EBITDA is 6.07x, calculated from USD 34.6m value and USD 5.7m EBITDA.
Integrated consideration sums the four simultaneous agreements disclosed in EVI's 8-K. Multiples use Sudsies LTM revenue and EBITDA disclosed in EVI's first-party announcement.

Source summary

EVI Industries to Expand Into Consumer Garment Care Services Industry With Agreement to Acquire Sudsies, Inc.

Estimated

EVI Industries announced it entered into a definitive agreement to acquire Miami, Florida-based Sudsies, Inc., a consumer garment care services company, to launch a new consumer garment care division. Financial terms were not disclosed in the release.

Open source