WASH Laundry Acquires Angel Coin Service

WASH Multifamily Laundry Systems, headquartered in El Segundo, Calif., has acquired Angel Coin Service, the route laundry division of Angel Appliances, which is based in North Hills, Calif. The acquisition strengthens WASH’s presence in the Southern California market and expands the range of services available to Angel Coin Service’s customers, according to WASH.“Angel Coin Service was an ideal acquisition opportunity as part of our expansion strategy,” said WASH CEO Chris Hannum. “This transaction gives WASH an opportunity to strengthen its presence in Los Angeles and surrounding communities. With close proximity to our corporate office, technology and sales centers, and plant operations, it creates a synergy that will allow us to maximize efficiencies and laundry room operations in our core region to better serve customers.”Founded in 1955, Angel Appliances is a family-owned enterprise. Under the terms of the transaction, the company will continue to run its domestic appliance and parts sales operation, as well as its movie and TV props appliance rental business.“From this partnership, Angel Coin Service’s customers now will be able to benefit from WASH’s many technologies and resources,” explained Scott Kassner, president and general manager of Angel Coin Service. “Both companies have shared values of quality and integrity and a commitment to providing exceptional service. WASH is an Energy Star partner and offers a variety of cutting-edge technologies, including internet-based laundry monitoring, the latest card system technologies, and accountability reporting and history that accompanies every commission check.”