EVI Industries, Inc.

Long-Term Focused

EVI Industries is a NYSE American listed business focused on long-term growth and value creation. Following Henry M. Nahmad’s acquisition of a controlling interest in our Company in March 2015 and under his leadership, we embarked on a long-term journey to build the undisputed leader in and around the commercial laundry distribution and service industry and in doing so, produce attractive returns for our shareholders. In that pursuit, we implemented a long-term buy-and-build growth strategy, and we established specific core values and principles that have successfully guided us to build the foundation of EVI. Since 2015, EVI has grown revenues by more than 10x and today its operating businesses are led by a collection of ambitious people, including most of the founders of those businesses, who are bound by EVI’s entrepreneurial culture and core values, and are focused on winning.

About Us

Guided by Values and Principles,<br>Powered by Entrepreneurship

EVI’s founder-led entrepreneurial approach has been instrumental in achieving and maintaining our leading position in the commercial laundry industry. With a relentless focus on growth, EVI has adopted a proven long-term buy and build strategy, allowing for company expansion through acquiring and developing businesses. Our disciplined approach to business is deeply rooted in our core values and principles, serving as a guiding force in our operations. This operating philosophy enables EVI to effectively navigate challenges, adapt to market changes, and strive to consistently deliver exceptional results, further solidifying our industry leadership.

About Us

  • EVI fosters an entrepreneurial mindset and culture of continuous growth and improvement with a long-term perspective.

  • EVI's strategic approach to growth involves acquiring and integrating complementary businesses, strengthening our market position.

  • EVI operates with discipline, anchored by a set of core values and principles that shape our decisions and actions.

  • EVI seeks to sustain financial strength through disciplined investing and conservative balance sheet management.

  • EVI has established itself as the industry leader, delivering increased value and new opportunities to our vast customer base.

A Value-added Partner

Elevating Performance and Quality

Through our operating subsidiaries, we sell and/or lease commercial laundry equipment, specializing in washing, drying, finishing, material handling, water heating, power generation, and water reuse applications. Given the technical aspect of these products, we also provide the planning, designing, and consulting services our customers need to successfully conduct their commercial laundry operations. Additionally, we supply related parts and accessories and offer installation, maintenance, and repair services. Our customers range from retail, commercial, and industrial businesses to institutional and government entities operating within the industrial, on-premise, vended, and multifamily categories.

Clean Designs
Martin-Ray Laundry Systems
Washington Automated
Western State Design
Laundry South Systems & Repair
Scott Equipment
Skyline Equipment
Alco Washer Center
Aldrich Clean-Tech Equipment Corp
Eastern Laundry Systems
PAC Industries
Professional Laundry Systems
Yankee Equipment
AAdvantage Laundry Systems
Commercial Laundry Equipment Company
Consolidated Laundry Equipment
Industrial Laundry Services
K&B Laundry Service
Laundry Systems of Tennessee
Steiner-Atlantic
TLC Tri-State Laundry Companies
Wholesale Commercial Laundry Equipment S.E.
Worldwide Laundry
SPYNR
Express Parts and Services

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Our Businesses

Our Performance

A Consistent Track Record of Growth Since 2016

$354M

Revenue for FYE June 30, 2023

$359M

Trailing Twelve Month Revenue, September 30, 2023

37%

Annual Revenue CAGR1

24%

Net Income CAGR1

35%

Adjusted EBITDA CAGR1,2

25

Completed Acquisitions

Revenue Growth Since 2016

YearAmount
2023354
2022267
2021242
2020236
2019228
2018150
201794
201636

As of June 30, 2023

1From June 30, 2016 through September 30, 2023 • Q1 Earnings Release      
2Adjusted EBITDA is a non-GAAP financial measure. See our earnings press release for the quarter ended September 30, 2023 for additional information regarding Adjusted EBITDA.

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