Resilience Capital Partners acquires direct sale uniform business from G&K Services
Private equity firm Resilience Capital Partners has acquired the direct sale business of G&K Services through its newly-formed platform company, Affinity Specialty Apparel.
Affinity specialises in selling and distributing of occupational apparel and services, including the design, marketing and distribution of customised and off-the-shelf apparel collections to customers through managed direct purchase uniform programmes.
Affinity is Resilience Capital Partners' first acquisition in the corporate uniform industry and its seventh platform investment for The Resilience Fund III.
"We are excited to be starting our newest platform investment in Fund III. We believe there is significant opportunity in the direct sale side of the corporate uniform industry and feel that this acquisition gives us a solid foundation on which to build an industry leader," says Bassem Mansour, co-CEO of Resilience Capital Partners.
Resilience has partnered with Michael DiMino who will act as CEO. DiMino was former president and chief operating officer of Uniforms to You, a direct sale uniform division of Cintas.
Ki Mixon, a partner at Resilience Capital Partners, says: "We are thrilled to be working with someone like Michael whose impressive track record in the uniform business makes him an excellent fit for this situation. His high energy and drive should instil new energy and leadership as we kick off our newest platform investment."
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