Agreement signedPublished 23 Jul 2026

EVI Industries, Inc. /
Sudsies, Inc.

EVI unit agrees to buy Sudsies assets in multi-part deal

Buy side: EVI Industries, Inc.
Buy sideEVI Industries, Inc.
Target: Sudsies, Inc.
TargetSudsies, Inc.
EVI Industries, Inc. · 23 Jul 2026Source
Buy side: EVI Industries, Inc.
Buy sideEVI Industries, Inc.
Target: Sudsies, Inc.
TargetSudsies, Inc.
01 / BuyerEVI Industries, Inc.
02 / TargetSudsies, Inc.
Source for the buyer and target: EVI Industries, Inc.

For the buyer and target.

“Asset Purchase Agreement dated as of July 17, 2026, by and among EVI Industries, Inc., Garment Care Services FL, LLC, the Jason Loeb Family Trust UAD December 7, 2005 as amended, the Jorge Baboun and Michelle Zambelli Baboun Inter Vivos Declaration of Trust Created March 13, 2023, Jason Loeb, Jorge Baboun and JLOJB, Inc. f/k/a Sudsies, Inc.”

Published 23 Jul 2026

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01

What happened

EVI Industries, Inc. said it entered into several asset purchase agreements on July 17, 2026, under which subsidiaries will acquire substantially all assets and assume certain liabilities of Sudsies, a Florida corporation, along with certain affiliates. The company said the consideration for the main transaction is $22,600,000, with a further $4,000,000 for a second group of transactions and $900,000 for a third. [01]

Closings are expected within 30 to 45 days and are subject to conditions, including simultaneous closings across the transactions. Terms weren't disclosed for the goodwill purchase beyond a stated cash and stock consideration of $7,124,778. [01]

02

The source

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01
Source · EVI Industries, Inc.

EVI unit agrees to buy Sudsies assets in multi-part deal

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03

Timeline

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  1. Also stated

    “EVI unit agrees to buy Sudsies assets in multi-part deal EVI Industries, Inc. said it entered into several asset purchase agreements on July 17, 2026, under which subsidiaries will acquire substantially all assets and…”

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  2. Published by EVI Industries, Inc.

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Deal Web · 2 firms · 0 peopleHover a name to see how it connects
This dealEVI Industries, Inc. / Sudsies, Inc.Agreement signed · Published 23 Jul 2026
BuyerEVI Industries, Inc.TargetSudsies, Inc.
This dealEVI Industries, Inc. / Sudsies, Inc.

Agreement signed · EVI Industries, Inc. / Sudsies, Inc. deal (Agreement signed, published 23 Jul 2026).

Published 23 Jul 2026
Timeline
  1. Also stated
  2. Published by EVI Industries, Inc.
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Deal Web as a list
  • EVI Industries, Inc. (Buyer) buyer this deal. EVI Industries, Inc.: 1 deal on Carrywatch.
  • Sudsies, Inc. (Target) target this deal. Sudsies, Inc.: 1 deal on Carrywatch.