Scrubs & Beyond Completes Purchase of Life Uniform
(firmenpresse) - ST LOUIS, MO -- (Marketwired) -- 07/30/13 -- Scrubs & Beyond, LLC announced today it has completed the purchase of substantially all of the operating assets of Healthcare Uniform Company, Inc. and Uniform City National, Inc. (collectively, "Life Uniform") The final purchase price was $22,625,000, prior to closing adjustments.
Scrubs & Beyond is now the largest multi-channel supplier of healthcare apparel and accessories in the country with 27 Scrubs & Beyond branded stores, 116 Life Uniform branded stores, and 11 Uniform City branded stores -- a total of 154 total stores operating in 31 states. The company employs approximately 1,000 employees, with 110 at the corporate headquarters in St. Louis, MO.
offers the most comprehensive selection of medical apparel, footwear, and equipment, catering to medical professionals in all specialties. The Company provides unmatched quality and value along with an outstanding, professional and caring guest service staff. "We want to take care of those who take care of others," said Karla Bakersmith President, CEO & Founder of Scrubs & Beyond.
Bakersmith said, "This acquisition provides us a national footprint to better serve hospital systems, medical facilities, physician offices, nursing schools, and other healthcare facilities with the changes in their dress code requirements." Bakersmith added, "The most exciting part of this acquisition is the opportunity for Scrubs & Beyond to leverage its position as the largest retailer in our industry to continue to innovate, offer new and unique product, and to continue to set the standard for great customer service in our industry."
Genesis Capital, LLC acted as the investment banker and Ballard Spahr, LLP provided legal counsel for Scrubs & Beyond. Guggenheim Securities LLC and Morgan Joseph TriArtisan LLC acted as the investment bankers and Klehr Harrison Harvey Branzburg LLP provided legal counsel to Life Uniform.
About Scrubs & Beyond, LLC
The goal at Scrubs & Beyond is to consistently exceed customer expectations, so whether you shop from their expanded offerings online, their Scrubs & Beyond catalog, or in one of the over 150 stores nationwide, you can count on top notch service, superior quality and great product selection. , ,
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Datum: 30.07.2013 - 16:50 Uhr
Sprache: Deutsch
News-ID 283105
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