Pritzker Organization buys majority stake in Crown Health Care Laundry Services

Private equity firm The Pritzker Organization LLC acquired a majority stake in Crown Health Care Laundry Services Inc. from peer Quilvest Capital Partners.

Crown Health provides outsourced linen management services and specialty products to hospitals, clinics and other healthcare facilities across the Southeast.

Minority investor Blenheim LP will continue as a significant shareholder, together with Crown Health's management.

Piper Sandler was financial adviser to Crown and Quilvest, while Dechert LLP was their legal counsel. Latham and Watkins advised The Pritzker Organization.