#USA #H.I.G. Capital #London #France Workwear #textile services

H.I.G. Capital's Acquisition of France Workwear: A New Chapter Begins

On October 2, 2025, H.I.G. Capital, a leading global alternative investment firm, announced that one of its subsidiaries has successfully completed the acquisition of the French workwear business from Rentokil Initial. The acquisition marks a significant expansion for H.I.G., which manages approximately $70 billion in capital.

France Workwear, headquartered in France, is recognized as a leading provider of full-cycle textile services. The company specializes in designing, renting, and cleaning both workwear and hygienic solutions, servicing a wide array of industries through a comprehensive network of 34 locations across the country. With an impressive customer base that exceeds 21,000 clients, France Workwear has established a robust subscription model that fosters high retention rates among its customers.

Fabrice Shoshany, CEO of France Workwear, expressed pride in the new partnership, stating, "We are thrilled to become part of the H.I.G. family. This collaboration marks a pivotal moment in our journey, allowing us to enhance our leadership in the textile rental sector while driving innovation and sustainability forward. Our focus remains on delivering exceptional value to our customers, partners, and employees, both in France and internationally."

According to Tobias Borkowski, Managing Director at H.I.G., France Workwear is considered a critical player in the French textile services market, providing essential workwear and hygiene solutions across diverse sectors. "With a solid subscription model, a strong market presence, and clear growth strategies, we believe the company is well-positioned for independent success and can accelerate its expansion throughout Europe," he stated.

Markus Noe-Nordberg, Managing Director and Head of H.I.G. Europe Middle Market Private Equity, highlighted the investment's strategic significance: "We are excited about the opportunity to invest in France Workwear, a company that excels in textile rental, known for its quality and innovation. With H.I.G.'s expertise in scaling businesses and executing corporate carve-outs, we are poised to support France Workwear's transition to independence and propel its next stage of growth."

About France Workwear

France Workwear is a premier provider of full-cycle textile services in France, focusing on workwear, flat linen, and hygiene solutions. The company supports clients across various sectors, offering mission-critical services through a national network and robust subscription model. With a strong commitment to service quality and a focus on sustainability, France Workwear enables its customers to work safely, efficiently, and responsibly.

About H.I.G. Capital

H.I.G. Capital is a prominent global alternative investment firm headquartered in Miami, managing $70 billion in capital across various sectors. With offices throughout the United States and international locations including Hamburg, London, and Madrid, H.I.G. specializes in providing debt and equity capital to mid-market companies. Their approach is operationally focused and flexible, allowing for high-value investments.

Since its founding in 1993, H.I.G. has invested in over 400 companies worldwide. The firm currently manages a portfolio of more than 100 businesses, collectively generating over $53 billion in revenue. More information can be found on the official H.I.G. website at hig.com.

This acquisition not only strengthens H.I.G.'s position in the textile service industry but also highlights the growing demand for efficient and sustainable textile solutions across various sectors. As France Workwear embarks on this new journey under H.I.G.’s guidance, the company aims to leverage its existing strengths while pursuing innovative strategies for future growth.