ATLANTA — Private equity firm Kelly Capital sold significantly all assets of its National Linen & Uniform Service (NLUS) affiliate to Salt Lake City-based Alsco just prior to the Labor Day weekend. Terms weren't disclosed.
The deal includes branches in Florence, Ala.; Doraville, Atlanta and Savannah, Ga.; Shreveport, La.; St. Louis, Mo.; Charlotte, N.C.; Charleston and Columbia, S.C.; Knoxville, Memphis and Nashville, Tenn.; Lubbock, Texas; and Alexandria, Portsmouth and Roanoke, Va.