{"id":8605,"date":"2015-12-31T00:00:00","date_gmt":"2015-12-31T04:00:00","guid":{"rendered":"https:\/\/livingstagenew.wpenginepowered.com\/transaction\/clean-linen-services-acquires-paragon-laundry-2\/"},"modified":"2026-06-25T13:16:05","modified_gmt":"2026-06-25T17:16:05","slug":"clean-linen-services-acquires-paragon-laundry-2","status":"publish","type":"transaction","link":"https:\/\/livingstonepartners.com\/en\/transaction\/clean-linen-services-acquires-paragon-laundry-2\/","title":{"rendered":"Clean Linen Services acquires Paragon Laundry"},"content":{"rendered":"\n

Livingstone\u2019s Debt Advisory team is pleased to announce the successful financing of <\/strong>CLEAN\u2019s <\/strong><\/a>acquisition of Stevens Hatherley Holdings Limited, trading as Paragon Laundry. Livingstone advised CLEAN, which is backed by MML Capital Partners, arranging debt facilities to support this and future acquisitions. Debt facilities were provided by Permira Debt Managers and Santander Corporate Banking.<\/strong><\/p>

CLEAN is one of the UK\u2019s leading operators in the commercial B2B laundry sector, operating in both the linen and workwear rental markets. Their clients range from independents to leading global branded businesses from the hotel, restaurant, catering, food manufacturing, engineering and pharmaceutical industries. With five laundry production facilities, CLEAN prides itself in offering a professional, quality and customer focused service to a demanding customer base.<\/p>

Paragon is one of the UK\u2019s largest independent linen and garment rental providers and a shareholder of the Brilliant Laundry Group. Paragon service many of the UK\u2019s leading hospitality and workwear clients across a large geographical region of the UK. The acquisition broadly doubles the size of the CLEAN business which now supports nine laundries across the UK.<\/p>

Jason Miller, CEO, CLEAN<\/strong> said: \u201cThis is a very exciting and strategic acquisition for CLEAN. The geographical synergies are excellent and this acquisition will significantly extend our UK coverage. The transaction further extends our ownership of the Brilliant Laundry Group to become the single largest shareholder. Livingstone were invaluable throughout the process, allowing us to focus on our acquisition and integration program, safe in the knowledge that they would deliver the optimal financing package.\u201d<\/em><\/p>

Luke Jones, Partner, MML Capital<\/strong>, added \u201cThe acquisition of Paragon Laundry is the first step in executing our value growth strategy for CLEAN. It was critical to ensure that we found the right debt partners which could deliver a financing package flexible enough to accommodate our future plans. Livingstone impressed us with their knowledge of the debt markets, their structuring creativity and their commitment to supporting us at every stage of the debt raise process.\u201d<\/em><\/p>

 <\/em><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"","protected":false},"featured_media":2797,"template":"","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"client-type":[],"region":[],"sector":[],"service":[],"transaction-type":[],"class_list":["post-8605","transaction","type-transaction","status-publish","has-post-thumbnail","hentry"],"acf":{"team_members":"","date":"20151231","client_type":null,"type":[1115],"region":[375],"services":[436],"sectors":[634,640],"related_transactions":"","related_testimonials":null,"contacts":""},"yoast_head":"\nClean Linen Services acquires Paragon Laundry - Livingstone Partners<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/livingstonepartners.com\/en\/transaction\/clean-linen-services-acquires-paragon-laundry-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Clean Linen Services acquires Paragon Laundry - Livingstone Partners\" \/>\n<meta property=\"og:url\" content=\"https:\/\/livingstonepartners.com\/en\/transaction\/clean-linen-services-acquires-paragon-laundry-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Livingstone Partners\" \/>\n<meta property=\"article:modified_time\" content=\"2026-06-25T17:16:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/livingstonepartners.com\/wp-content\/uploads\/2026\/05\/d8027a4b.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"622\" \/>\n\t<meta property=\"og:image:height\" content=\"550\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/livingstonepartners.com\\\/en\\\/transaction\\\/clean-linen-services-acquires-paragon-laundry-2\\\/\",\"url\":\"https:\\\/\\\/livingstonepartners.com\\\/en\\\/transaction\\\/clean-linen-services-acquires-paragon-laundry-2\\\/\",\"name\":\"Clean Linen Services acquires Paragon Laundry - Livingstone Partners\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/livingstonepartners.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/livingstonepartners.com\\\/en\\\/transaction\\\/clean-linen-services-acquires-paragon-laundry-2\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/livingstonepartners.com\\\/en\\\/transaction\\\/clean-linen-services-acquires-paragon-laundry-2\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/livingstonepartners.com\\\/wp-content\\\/uploads\\\/2026\\\/05\\\/d8027a4b.jpg\",\"datePublished\":\"2015-12-31T04:00:00+00:00\",\"dateModified\":\"2026-06-25T17:16:05+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/livingstonepartners.com\\\/en\\\/transaction\\\/clean-linen-services-acquires-paragon-laundry-2\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/livingstonepartners.com\\\/en\\\/transaction\\\/clean-linen-services-acquires-paragon-laundry-2\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/livingstonepartners.com\\\/en\\\/transaction\\\/clean-linen-services-acquires-paragon-laundry-2\\\/#primaryimage\",\"url\":\"https:\\\/\\\/livingstonepartners.com\\\/wp-content\\\/uploads\\\/2026\\\/05\\\/d8027a4b.jpg\",\"contentUrl\":\"https:\\\/\\\/livingstonepartners.com\\\/wp-content\\\/uploads\\\/2026\\\/05\\\/d8027a4b.jpg\",\"width\":622,\"height\":550},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/livingstonepartners.com\\\/en\\\/transaction\\\/clean-linen-services-acquires-paragon-laundry-2\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\\\/\\\/livingstonepartners.com\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Transactions\",\"item\":\"https:\\\/\\\/livingstonepartners.com\\\/en\\\/transaction\\\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Clean Linen Services acquires Paragon Laundry\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/livingstonepartners.com\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/livingstonepartners.com\\\/en\\\/\",\"name\":\"Livingstone Partners\",\"description\":\"Deals Done Right.\",\"publisher\":{\"@id\":\"https:\\\/\\\/livingstonepartners.com\\\/en\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/livingstonepartners.com\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/livingstonepartners.com\\\/en\\\/#organization\",\"name\":\"Livingstone Partners\",\"url\":\"https:\\\/\\\/livingstonepartners.com\\\/en\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/livingstonepartners.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/livingstonepartners.com\\\/wp-content\\\/uploads\\\/2026\\\/05\\\/logo_livingstone.svg\",\"contentUrl\":\"https:\\\/\\\/livingstonepartners.com\\\/wp-content\\\/uploads\\\/2026\\\/05\\\/logo_livingstone.svg\",\"caption\":\"Livingstone Partners\"},\"image\":{\"@id\":\"https:\\\/\\\/livingstonepartners.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Clean Linen Services acquires Paragon Laundry - Livingstone Partners","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/livingstonepartners.com\/en\/transaction\/clean-linen-services-acquires-paragon-laundry-2\/","og_locale":"en_US","og_type":"article","og_title":"Clean Linen Services acquires Paragon Laundry - Livingstone Partners","og_url":"https:\/\/livingstonepartners.com\/en\/transaction\/clean-linen-services-acquires-paragon-laundry-2\/","og_site_name":"Livingstone Partners","article_modified_time":"2026-06-25T17:16:05+00:00","og_image":[{"width":622,"height":550,"url":"https:\/\/livingstonepartners.com\/wp-content\/uploads\/2026\/05\/d8027a4b.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/livingstonepartners.com\/en\/transaction\/clean-linen-services-acquires-paragon-laundry-2\/","url":"https:\/\/livingstonepartners.com\/en\/transaction\/clean-linen-services-acquires-paragon-laundry-2\/","name":"Clean Linen Services acquires Paragon Laundry - Livingstone Partners","isPartOf":{"@id":"https:\/\/livingstonepartners.com\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/livingstonepartners.com\/en\/transaction\/clean-linen-services-acquires-paragon-laundry-2\/#primaryimage"},"image":{"@id":"https:\/\/livingstonepartners.com\/en\/transaction\/clean-linen-services-acquires-paragon-laundry-2\/#primaryimage"},"thumbnailUrl":"https:\/\/livingstonepartners.com\/wp-content\/uploads\/2026\/05\/d8027a4b.jpg","datePublished":"2015-12-31T04:00:00+00:00","dateModified":"2026-06-25T17:16:05+00:00","breadcrumb":{"@id":"https:\/\/livingstonepartners.com\/en\/transaction\/clean-linen-services-acquires-paragon-laundry-2\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/livingstonepartners.com\/en\/transaction\/clean-linen-services-acquires-paragon-laundry-2\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/livingstonepartners.com\/en\/transaction\/clean-linen-services-acquires-paragon-laundry-2\/#primaryimage","url":"https:\/\/livingstonepartners.com\/wp-content\/uploads\/2026\/05\/d8027a4b.jpg","contentUrl":"https:\/\/livingstonepartners.com\/wp-content\/uploads\/2026\/05\/d8027a4b.jpg","width":622,"height":550},{"@type":"BreadcrumbList","@id":"https:\/\/livingstonepartners.com\/en\/transaction\/clean-linen-services-acquires-paragon-laundry-2\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Homepage","item":"https:\/\/livingstonepartners.com\/en\/"},{"@type":"ListItem","position":2,"name":"Transactions","item":"https:\/\/livingstonepartners.com\/en\/transaction\/"},{"@type":"ListItem","position":3,"name":"Clean Linen Services acquires Paragon Laundry"}]},{"@type":"WebSite","@id":"https:\/\/livingstonepartners.com\/en\/#website","url":"https:\/\/livingstonepartners.com\/en\/","name":"Livingstone Partners","description":"Deals Done Right.","publisher":{"@id":"https:\/\/livingstonepartners.com\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/livingstonepartners.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/livingstonepartners.com\/en\/#organization","name":"Livingstone Partners","url":"https:\/\/livingstonepartners.com\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/livingstonepartners.com\/en\/#\/schema\/logo\/image\/","url":"https:\/\/livingstonepartners.com\/wp-content\/uploads\/2026\/05\/logo_livingstone.svg","contentUrl":"https:\/\/livingstonepartners.com\/wp-content\/uploads\/2026\/05\/logo_livingstone.svg","caption":"Livingstone Partners"},"image":{"@id":"https:\/\/livingstonepartners.com\/en\/#\/schema\/logo\/image\/"}}]}},"_links":{"self":[{"href":"https:\/\/livingstonepartners.com\/en\/wp-json\/wp\/v2\/transaction\/8605","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/livingstonepartners.com\/en\/wp-json\/wp\/v2\/transaction"}],"about":[{"href":"https:\/\/livingstonepartners.com\/en\/wp-json\/wp\/v2\/types\/transaction"}],"version-history":[{"count":1,"href":"https:\/\/livingstonepartners.com\/en\/wp-json\/wp\/v2\/transaction\/8605\/revisions"}],"predecessor-version":[{"id":72924,"href":"https:\/\/livingstonepartners.com\/en\/wp-json\/wp\/v2\/transaction\/8605\/revisions\/72924"}],"acf:term":[{"embeddable":true,"taxonomy":"sector","href":"https:\/\/livingstonepartners.com\/en\/wp-json\/wp\/v2\/sector\/640"},{"embeddable":true,"taxonomy":"sector","href":"https:\/\/livingstonepartners.com\/en\/wp-json\/wp\/v2\/sector\/634"},{"embeddable":true,"taxonomy":"service","href":"https:\/\/livingstonepartners.com\/en\/wp-json\/wp\/v2\/service\/436"},{"embeddable":true,"taxonomy":"region","href":"https:\/\/livingstonepartners.com\/en\/wp-json\/wp\/v2\/region\/375"},{"embeddable":true,"taxonomy":"transaction-type","href":"https:\/\/livingstonepartners.com\/en\/wp-json\/wp\/v2\/transaction-type\/1115"}],"wp:attachment":[{"href":"https:\/\/livingstonepartners.com\/en\/wp-json\/wp\/v2\/media?parent=8605"}],"wp:term":[{"taxonomy":"client-type","embeddable":true,"href":"https:\/\/livingstonepartners.com\/en\/wp-json\/wp\/v2\/client-type?post=8605"},{"taxonomy":"region","embeddable":true,"href":"https:\/\/livingstonepartners.com\/en\/wp-json\/wp\/v2\/region?post=8605"},{"taxonomy":"sector","embeddable":true,"href":"https:\/\/livingstonepartners.com\/en\/wp-json\/wp\/v2\/sector?post=8605"},{"taxonomy":"service","embeddable":true,"href":"https:\/\/livingstonepartners.com\/en\/wp-json\/wp\/v2\/service?post=8605"},{"taxonomy":"transaction-type","embeddable":true,"href":"https:\/\/livingstonepartners.com\/en\/wp-json\/wp\/v2\/transaction-type?post=8605"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}