NEW YORK — A subsidiary of former Blue Wolf Capital Fund portfolio company Healthcare Laundry Systems (HLS) has donated an industrial property in Rockford, Ill., to The Nature Conservancy, a conservation organization.
The property previously housed an industrial laundry facility and is valued at an estimated $500,000. It will be sold by The Nature Conservancy and, at the direction of Blue Wolf, the proceeds given to the Conservancy’s “Heart of the Adirondacks” campaign.