SLES, a distributor of commercial washing equipment, announced earlier this year that it had formed a strategic alliance with 4612 Group, an advisory and investment group.
The terms of the deal, which 4612 refers to as a “equity” investment type on its website, were not made public. The transaction concluded in February.
As part of the partnership, CEO and owner Chase Brown continues to lead SLES. He says he’s excited about his company partnering with 4612 Group. We couldn’t be more pleased to be partnering with this unique group that holistically understands our business and culture and is supportive of us reaching our collective goals and advancing our business,” says Brown
According to the SLES announcement, Brown’s vision for the company is driving the relationship, which is described as “a commitment to alignment and growth.” 4612 Group hopes to assist Brown and SLES “by leveraging its extensive experience in backing founder-led and family-owned businesses.”
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Servicing clients across Georgia, Florida, Alabama, Tennessee, North Carolina, and South Carolina, SLES is based in Marietta, Georgia.
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SLES is a full-service laundry equipment provider that was established in 1976 and provides solutions for coin, on-premises, and multi-family laundries. It serves a wide range of customers, including those in the hotel, healthcare, laundromat, government, and other commercial sectors.
About SLES
Southeastern has approximately 70 personnel, including multiple field sales agents and over 20 strategically placed factory-authorized and trained service technicians with state-of-the-art dispatching and fully supplied repair vans. Their knowledgeable parts team and well-stocked warehouse allow you ship most orders same day.
About 4612 Group
4612 Group and its seasoned investment experts and previous operators partner and align to create and promote exceptional enterprises.
