CLEC Acquires Fellow Distributor Texas Laundry Service Co.

Staff Writer |

Is company’s second acquisition in four months

GULF BREEZE, Fla. — Commercial laundry equipment distributor Commercial and Coin Laundry Equipment Co. (CLEC) has purchased Texas Laundry Service Co., its second acquisition since November. Terms were not disclosed.

“Texas Laundry was a perfect fit for our company as we expand throughout the Gulf Coast,” says Craig Dakauskas, president of CLEC. “This acquisition is part of the ‘CLEC Effect,’ where we seize opportunities to increase our coverage footprint and then use our combined talents and synergies to grow the business.”

Texas Laundry Service Co. distributes Speed Queen coin and on-premises laundry equipment throughout south Texas, and has offices in Pasadena, Corpus Christi, San Antonio and La Feria.

Plans call for CLEC to maintain two offices: CLEC East, here in Gulf Breeze, and CLEC West, in the Houston area.

Texas Laundry President Linda Moore will stay on in the interim to assist with the transition, CLEC says.

Late last year, CLEC purchased Greenwood, Miss.-based Delta Laundry Equipment, which distributes Speed Queen coin laundry equipment throughout the state of Mississippi, plus has a route business. CLEC purchased Lafayette, La.-based Ebner Equipment in 2008.

“As a company, we could not be happier about expanding our territory and representing Speed Queen in the south Texas market,” Dakauskas says of the Texas Laundry acquisition. “We expect to focus on growing coin and OPL sales in the market.”

CLEC now boasts a staff of more than 50 employees, as well as expansive equipment and parts inventories.


Latest Podcast

Brendan Ristaino, sales manager for distributor Yankee Equipment, examines revenue-producing extra-profit centers that best complement a vended laundry business.

Want more? Visit the archive »

Digital Edition

Latest Classifieds

Industry Chatter