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Caldwell & Gregory Partners with Washco Laundry Equipment

Deal allows Washco owner to retire while maintaining legacy of service

RICHMOND, Va. — Caldwell & Gregory (C&G), a provider of value-based laundry service programs to the college, university and multi-housing markets, has entered into a partnership with Washco Laundry Equipment Inc. (WLE), a laundry service provider headquartered in Ft. Myers, Fla. Terms were not announced.

C&G has served the laundry market for over 30 years through a commitment of service to customers and a fulfilling work environment for employees.

The partnership will allow WLE’s owner to retire while continuing to ensure exceptional service for WLE clients and an outstanding workplace for its employees, C&G says.

C&G President/CEO Bob Dinnie says that when he first met WLE owner John Mitchell, it was clear they shared a similar vision for success that included employees and customers as opposed to succeeding at their expense.

“When John shared he was looking for a like-minded partner that would allow him to retire with peace of mind, I knew we were the perfect fit,” Dinnie says. “John has built an amazing business with talented people and it will be a sincere honor to carry on their legacy of excellence.

“WLE is a great fit for us geographically and philosophically, and we are excited to use our resources to bring their customers advanced support systems, expanded resources and enhanced technology. Clients from both companies will also benefit from the increased operational support that will result.”

According to WLE’s website, the company was founded in 1958 and claims to have implemented more multi-housing laundry rooms in complexes than its Florida-based competitors.