NILES, Ill.–(BUSINESS WIRE)–BBJ
Rentals, Inc., a leading provider of special event linen rental
products and services, is pleased to announce a new investment
partnership.
Formerly under the private equity ownership of Dubin Clark & Company,
Inc., BBJ has been acquired by a private non-institutional investment
firm that invests in businesses to create long-term value. The terms of
the transaction completed May 29 were not disclosed.
“During our partnership with Dubin Clark, BBJ began its evolution into
the fashion leader in the specialty linen marketplace through
unprecedented quantities of new product offerings while elevating every
customer’s event experience,” said Greg Sullivan, Chief Executive
Officer of BBJ. “We are excited to embark upon the next chapter in our
evolution with our new partner, continuing to lead the industry by our
unparalleled products and services.”
Headquartered near Chicago, BBJ has teams of linen experts in select
cities across the United States and serves customers anywhere a special
event is taking place, including international locations.
“Our partnership with BBJ has been fruitful,” said Brent Paris, Managing
Partner of Dubin Clark. “Working together with management, we have
successfully grown the company through additional customers, products,
and geographies, solidifying its place in the market. We are excited to
follow BBJ’s continued growth with its new partner.”
JEGI, a leading independent investment bank for the global media, events
and event services, information, marketing, software and tech-enabled
services sectors, was the exclusive financial advisor to BBJ in this
transaction.
BBJ Rentals, Inc. (bbjlinen.com),
founded in 1983 and headquartered in Niles, Illinois, is an
industry-leading provider of special event linen rental products and
services to weddings, social and corporate events in the United States
and internationally. BBJ Linen elevates event experiences with artfully
designed and curated linen collections to make celebrations worthy of
your story.
Dubin Clark & Company, Inc. (dubinclark.com),
established in 1984, is a private equity firm that focuses on strategic
and operational value creation and seeks to acquire interest in branded
consumer, industrial niche manufacturers, and specialty business
services with unique business models and a strong growth trajectory. The
Firm is based in Boston, Massachusetts, with an additional office in
Ponte Vedra Beach, Florida.
Contacts
Carrie Bucaro, SVP of Sales, [email protected];
or
Greg Sullivan, CEO, [email protected]
