Hi all - this week, I wanted to continue on the theme of āunglamorous businesses you donāt think aboutā that private equity has been acquiring. But before we dive into the world of linens and laundry, I wanted to share a couple exciting opportunities.
Chief of Staff Opportunity
I recently had the opportunity to sit in on a fireside chat with Nina Chen who is the founder of Alta Succession, a search fund, and now CEO of two trade schools (North American Trade Schools and New Castle School of Trades).
She is looking to hire a Chief of Staff with 3-5 years of experience across consulting, investment banking, or private equity to help lead growth projects.
I know many younger readers are interested in transitioning into operating roles and I felt compelled to share this opportunity with the RTC network.
If this fits your profile, check out the JD and email her directly with your resume.
p.s. this is not a paid job posting.
Road To Carry Accelerator
This is for mid-career PE, corp dev, IB, and operating professionals who are ready to build their own acquisitoin platforms.
What you get from the Accelerator: developing an active acquisition thesis, building a live deal pipeline, and starting warm relationships with capital allocators actively deploying equity, including:
The bottom line: what takes most people 12 months of research, coffee chats, and false starts, we compress into 8 weeks of accountability, learning, and execution.
We are reviewing applications and holding informational chats on a rolling basis. The application takes 10 minutes. If you've been wondering whether this is your path, that's reason enough to apply so we can talk.
The Accelerator is delivered 100% online, plus in-person networking events. Part-time / async-compatible and confidentiality strictly enforced.
PE Playbook: Healthcare Linen Services
This article was supported by RTCās Research Analyst Blake Troyer.
State of Play
In March 2026, Cintas announced their acquisition of UniFirst for a whopping $5.5 billion. Two of the largest uniform & laundry (among other services) companies in the U.S., supposedly with a combined 50%+ market share, decided the market wasn't consolidated enough.
When the biggest player in a $22 billion industry spends $5.5 billion to get bigger, it tells you something. And when something like this happens, it catches my (and our research analystsā) eyes.
Private equity figured out the opportunity in this industry a long time ago. Specifically highlighted in today article is Healthcare Linen Services Group (āHLSGā), a linen / laundry services provider to the healthcare end-market.
The Company has now passed through three PE sponsors since 2009. This industry will never go viral on social media. But PE has invested in the same platform three times for a reason.
Let's dive in!
First, A Quick Industry Overview
Overview. The U.S. industrial laundry & linen supply industry is a $22 billion market in 2026, covering roughly 1,800 companies who provide, clean, and return textiles. Think uniforms, linens, mats, and healthcare garments.