CHARLOTTE, N.C. — Swisher Hygiene, a provider of essential hygiene and sanitation products and services, reports that it has acquired Go! Hospitality Services, a Georgia-based linen services company.
Go! Hospitality provides linen rental, supply and laundry services throughout the Atlanta metropolitan area and surrounding markets, primarily to customers in the food-and-beverage and hospitality industries.
Concurrent with the acquisition, the founder and president of Go! Hospitality, Michael Brosius, will join Swisher Hygiene and contribute to the continued growth of its linen services business.
“We continue to expand our presence in the linen services industry and the acquisition of Go! Hospitality is a key part of expanding our offering in the Southeast,” says Steven R. Berrard, CEO of Swisher Hygiene. “We are very pleased to be able to cross-sell a complete range of linen services to our existing customers in Georgia and the Carolinas while also being able to offer our hygiene products and services to Go! Hospitality’s growing customer base.”
Total consideration paid by Swisher Hygiene in connection with the acquisition includes $2.85 million in cash, the assumption of certain liabilities, the issuance of 170,940 shares of Swisher Hygiene common stock, and a promissory note that may be converted into common stock.
