#H.I.G. Capital #London #United Kingdom #France Workwear #textile services

H.I.G. Capital Acquires France Workwear

On October 1, 2025, H.I.G. Capital, a prominent global alternative investment firm managing $70 billion in assets, announced its latest acquisition: France Workwear, previously owned by Rentokil Initial. The acquisition signifies a strategic move for H.I.G. and indicates a significant shift in how France Workwear will operate, as it prepares to rebrand under a new name in early 2026.

Headquartered in the heart of France, France Workwear has established itself as a reputable provider of comprehensive textile services. The company specializes in designing, renting, and laundering workwear, flat linen, and hygiene solutions. The new partnership is expected to enhance service quality and sustainability across its operations, which comprise 34 sites and an extensive logistics network.

France Workwear's impressive track record includes servicing over 21,000 clients across various sectors through long-term subscription contracts, showcasing a high level of customer retention. Fabrice Shoshany, CEO of France Workwear, expressed pride in joining the H.I.G. family, and conveyed gratitude for the support in realizing the company's ambitious strategies. He emphasized a commitment to fortifying leadership within textile rental services, while also centering the company's growth on innovation, sustainability, and value delivery to clients and partners.

In comments made by H.I.G.'s Managing Director Tobias Borkowski, he highlighted France Workwear's essential role in the French textile services sector. The company provides mission-critical solutions tailored to diverse industry needs, backed by a resilient subscription-based model. This acquisition, according to Borkowski, positions France Workwear for significant growth as an independent entity and broadens its reach across Europe.

Adding to the excitement, Markus Noe-Nordberg, Managing Director and Head of H.I.G. Europe Middle Market Private Equity, acknowledged the outstanding opportunities that lie ahead for France Workwear. He stated, "H.I.G.'s expertise in scaling businesses and executing corporate carve-outs will play a crucial role in supporting France Workwear's transition into an independent business, propelling its next growth phase." Through its strategic guidance, H.I.G. intends to enhance the already commendable reputation of France Workwear, particularly in areas like personal protective equipment (PPE) and cleanroom services, while ensuring traceability and standards of excellence.

As a renowned player in full-cycle textile services, France Workwear has committed itself to fostering safe, efficient, and responsible operations for its customers. Its strong focus on sustainability, coupled with a dedication to quality service, fuels its ambition to cater to a diverse array of industries effectively.

More about H.I.G. Capital, the investment firm backing this ambitious acquisition, reveals a robust operational history since its founding in 1993. H.I.G. has been at the forefront of investing and managing an extensive portfolio of over 400 companies globally, including more than 100 within its current framework. Beyond its leadership in equity funding, the company also delivers tailored debt financing solutions to businesses across various scales. Its commitment to value creation is evident in sectors ranging from manufacturing to service industries, enhancing its assets through diligent management practices.

As this acquisition unfolds, stakeholders in the textile services industry are keenly watching how H.I.G. and France Workwear will collaborate to redefine service standards through innovation and sustainable practices. With a combined vision and strategic focus, the potential for both H.I.G. and France Workwear to impact the market positively is promising, paving the way for new industry benchmarks going forward.