#None #H.I.G. Capital #Rentokil Initial #France Workwear

H.I.G. Capital's Strategic Acquisition of France Workwear

On October 2, 2025, H.I.G. Capital, a leading global private equity investment firm with $70 billion in managed capital, announced the successful acquisition of France Workwear from Rentokil Initial. This strategic move is set to enhance France Workwear's market presence and service capabilities as it prepares for a new phase of growth under H.I.G.'s stewardship.

About France Workwear

Headquartered in France, France Workwear is a prominent provider of full-cycle textile services. The company specializes in designing, renting, and laundering work clothing, flat linen, and hygiene solutions. France Workwear is distinguished by its dedication to quality service, which allows it to cater to a diverse client base, supporting over 21,000 customers across various sectors through long-term subscription contracts. This subscription model not only ensures a stable revenue stream but also highlights the firm's commitment to customer loyalty and satisfaction.

The Vision Ahead

Following the acquisition, France Workwear will undergo a rebranding and will operate under a new name starting in early 2026. Fabrice Shoshany, CEO of France Workwear, expressed pride in joining the H.I.G. family and gratitude for their confidence in the company’s strategy. Shoshany emphasized that this partnership represents a new chapter for France Workwear, one that will bolster its leadership in the textile rental sector while expanding its focus on innovation and sustainability.

Emphasizing Quality and Growth

Tobias Borkowski, General Director at H.I.G. Capital, noted that France Workwear has long been recognized as a significant player in the French textile services market. Offering critical services such as workwear, flat linen, and hygiene solutions across a wide range of industries, the company has positioned itself well in a resilient subscription-based model. Borkowski highlighted the firm's strong market position and clear growth strategy, underpinning H.I.G.'s belief that France Workwear is poised to thrive as an independent platform.

Markus Noe-Nordberg, Managing Director and head of H.I.G. Europe Middle Market Private Equity, expressed enthusiasm about investing in France Workwear, noting the firm’s exceptional track record in quality and innovation in the textile rental industry. He acknowledged that H.I.G.’s expertise in scaling companies and executing business separations will provide crucial support to France Workwear as it transitions into independence and enters its next growth phase.

A Forward-Looking Partnership

H.I.G. Capital's acquisition of France Workwear aligns with its overarching strategy of investing in companies with a proven track record of performance and growth potential. Since its inception in 1993, H.I.G. has made investments in over 400 companies and currently manages a portfolio of more than 100 firms generating over $53 billion in total revenue. This acquisition offers both firms a unique opportunity to leverage their strengths and elevate France Workwear’s service offerings to new heights.

France Workwear's commitment to service quality and sustainability will remain a cornerstone of its operations as it embarks on this new journey under H.I.G. Capital. The synchronization of H.I.G.’s extensive resources and France Workwear's industry-specific expertise promises a vibrant future focused on innovation, expansion, and excellence in customer service.

As the acquisition unfolds, stakeholders can anticipate exciting developments that will redefine the standards of textile services in France and beyond. The partnership signifies a pioneering step towards a more sustainable and customer-centric approach to workwear solutions, setting a benchmark for the industry.