MML freshens up with Clean Linen deal

Alice Murray
18 December 2014

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MML Capital Partners has acquired a significant minority stake in laundry service Clean Linen.

The fresh capital will support Clean Linen's growth plans.

Debt
The deal was supported by financing provided by Clean Linen's incumbent lender Lloyds Bank.

Company
Established in 1886, Clean Linen has been family-owned for the last 120 years. Today, the business generates sales of £30m by providing commercial laundry services.

The business provides linen rental services for hotels and restaurants, as well as garment hire for the catering industry.

The company is headquartered in Maidenhead.

People
Jason Miller is CEO of Clean Linen, while Martin Oxley is its chief financial officer. Luke Jones is partner of MML.

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