NEW YORK — An affiliate of Blue Wolf Capital Partners, a New York-based private equity firm, has sold its interest in Healthcare Laundry Systems (HLS), Wheeling, Ill., to Crothall Services Group, according to a Blue Wolf press release. Terms were not disclosed.
A Blue Wolf affiliate created HLS in November 2008 through the acquisition of assets of Wheeling-based Hospital Laundry Systems and Rockford, Ill.-based Northern Illinois Hospital Services, each of which was acquired from a consortium of not-for-profit hospitals.
