LONDON, Oct. 1, 2025 /PRNewswire/ -- H.I.G. Capital ("H.I.G."), a 
leading global alternative investment firm with $70 billion of capital 
under management, is pleased to announce that one of its affiliates has 
completed the acquisition of the France Workwear business from Rentokil 
Initial. The business will be rebranded and operate under a new name in 
early 2026. 
 
 
 
   Headquartered in France, France Workwear is a leading provider of 
full-cycle textile services, specialising in the design, rental, and 
laundry/repair of workwear, flat linen, and hygiene solutions. It 
combines scale, service quality, and sustainability to deliver 
mission-critical services across 34 sites and a nationwide logistics 
network. France Workwear serves over 21,000 customers across diverse 
industries through long-term subscription contracts, with high levels of 
customer retention. 
 
 
   Fabrice Shoshany, CEO of France Workwear, stated: "We are proud to join 
the H.I.G. family and grateful for their confidence in our strategy and 
commitment to our future. This partnership marks the start of a new 
chapter for France Workwear -- one where we will strengthen our 
leadership in textile rental services, broaden our focus on innovation 
and sustainability, and continue to deliver exceptional value to our 
clients, partners, and employees across and beyond France. We are 
already recognised as a leader in PPE, cleanrooms, and traceability, and 
with H.I.G.'s support, we will further strengthen our position as the 
industry benchmark." 
 
 
   Tobias Borkowski, Managing Director at H.I.G., commented: "France 
Workwear has long been recognised as a foundational player in the French 
textile services market, providing mission-critical workwear, flat linen, 
and hygiene solutions across a diverse range of industries. With a 
resilient subscription-based model, strong market position, and a clear 
strategy for growth, we believe the business is well-positioned to 
thrive as an independent platform and accelerate its scale across 
Europe." 
 
 
   Markus Noe-Nordberg, Managing Director and Head of H.I.G. Europe Middle 
Market Private Equity, added: "We are thrilled to have the opportunity 
to invest in France Workwear, a business at the forefront of textile 
rental services with an exceptional track record of quality and 
innovation. H.I.G.'s experience in scaling businesses and executing 
corporate carve-outs positions us well to support France Workwear's 
transition as an independent business and to drive its next phase of 
growth." 
 
 
   H.I.G. was advised by Jefferies and Santander. 
 
 
   About France Workwear 
 
 
   France Workwear is a leading provider of full-cycle textile services in 
France, specialising in workwear, flat linen, and hygiene solutions. The 
business supports clients across a wide range of industries, delivering 
mission-critical services through a nationwide network and a resilient 
subscription-based model. With a strong commitment to service quality 
and a focus on sustainability, France Workwear enables its customers to 
operate safely, efficiently, and responsibly. 
 
 
   About H.I.G. Capital 
 
 
   H.I.G. is a leading global alternative investment firm with $70 billion 
of capital under management.* Based in Miami, and with offices in 
Atlanta, Boston, Chicago, Los Angeles, New York, San Francisco, and 
Stamford in the United States, as well as international affiliate 
offices in Hamburg, London, Luxembourg, Madrid, Milan, Paris, 
Bogotá, Rio de Janeiro, São Paulo, Dubai, and Hong Kong, 
 H.I.G. specializes in providing both debt and equity capital to middle 
market companies, utilizing a flexible and operationally 
focused/value-added approach: 
 
 
   -- H.I.G.'s equity funds invest in management buyouts, recapitalizations, 
 
      and corporate carve-outs of both profitable as well as underperforming 
 
      manufacturing and service businesses. 
 
 
 
   -- H.I.G.'s debt funds invest in senior, unitranche, and junior debt 
 
      financing to companies across the size spectrum, both on a primary 
 
      (direct origination) basis, as well as in the secondary markets. H.I.G. 
 
      also manages a publicly traded BDC, WhiteHorse Finance. 
 
 
 
   -- H.I.G.'s real estate funds invest in value-added properties, which can 
 
      benefit from improved asset management practices. 
 
 
 
   -- H.I.G. Infrastructure focuses on making value-add and core plus 
 
      investments in the infrastructure sector. 
 
 
   Since its founding in 1993, H.I.G. has invested in and managed more than 
400 companies worldwide. The Firm's current portfolio includes more than 
100 companies with combined sales in excess of $53 billion. For more 
information, please refer to the H.I.G. website at hig.com. 
 
 
   (*Based on total capital raised by H.I.G. Capital and its affiliates.) 
 
 
   Contact: 
 
   Tobias Borkowski 
 
   Managing Director 
 
 
   tborkowski@hig.com 
 
   Markus Noe-Nordberg 
 
   Managing Director 
 
 
   mnordberg@hig.com 
 
   H.I.G. Capital 
 
   10 Grosvenor Street 
 
   2(nd) Floor 
 
   London W1K 4QB 
 
   United Kingdom 
 
   P: +44 (0) 207 318 5700 
 
 
   hig.com 
 
 
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   SOURCE H.I.G. Capital 
 
 
 
 
 
 

(END) Dow Jones Newswires

October 01, 2025 05:25 ET (09:25 GMT)