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Transactions / Assets of California-Based Radiant Services Corporation

PureStar Acquires Assets of California-Based Radiant Services Corporation

Add-on acquisitionannouncedadd-onannounced Feb 6, 2025Fact
What happened
Platform
PureStaradd-on basis: PureStar Acquires Assets of California-Based Radiant Services Corporation | PureStar is held by Cornell Capital on its portfolio page; published on Cornell Capital's own news page
Control
Control
Share acquired
unknown
Industry
unknown
Target location
unknown
Seller kind
unknown
Rollover
unknown
Values, only where disclosed
Enterprise value
Not disclosed
Purchase price
Not disclosed
Equity value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
Multiple
Not disclosed
Parties and roles
4 named
Buy side
  • PureStarPlatformconfirmed
    PureStar Acquires Assets of California-Based Radiant Services Corporation | PureStar is held by Cornell Capital on its portfolio page; published on Cornell Capital's own news page
  • Cornell CapitalSponsorconfirmed
    PureStar Acquires Assets of California-Based Radiant Services Corporation | PureStar is held by Cornell Capital on its portfolio page; published on Cornell Capital's own news page
Side not stated
  • Brian HeringtonManagementconfirmed
    We plan to continue establishing our presence in new geographies to serve existing and new hospitality customers that can benefit from our efficient business model and industry-leading linen management and laundry services," said Brian Herington, CEO of PureStar.
  • PureStar Acquires Assets of California-Based Radiant Services Corporation
Evidence
PureStar Acquires Assets of California-Based Radiant Services Corporation
PureStar Acquires Assets of California-Based Radiant Services Corporation | Private Equity Intelligence | DFX