Jackson Walker advised Dallas-based Surge Private Equity LLC in connection with a majority investment in White Plains Linen, a New York-based provider of commercial laundry and textile rental services. The transaction, which closed on August 1, 2025, was valued in excess of $50 million and was supported by senior debt financing from Capital Southwest Corporation.
Founded in 1938, White Plains Linen serves a blue-chip roster of hospitality clients across the New York metropolitan area—including luxury hotels and fine-dining establishments—through a high-touch, quick-turn business model that has yielded an 86% recurring-revenue profile. Surge’s investment marks the private equity firm’s fifteenth platform acquisition and its sixth transaction within the broader New York City commercial services sector. By partnering with White Plain Linen’s seasoned management team, Surge intends to capitalize on the company’s brand strength, geographic footprint, and embedded customer loyalty to accelerate growth through both organic initiatives and strategic add-on acquisitions.
Jackson Walker advised Surge on all legal aspects of the transaction, including structuring and negotiating the equity and debt financing arrangements, drafting and finalizing the definitive purchase agreement and ancillary documentation, and coordinating legal due diligence across multiple jurisdictions. The Jackson Walker team was led by corporate partner Patrick H. Rose, IV and included corporate attorneys Ryan Holm, Lisa Peterson, Rachel Saunders, and Amanda Miller; employee benefits and executive compensation attorney Jessica Palvino; tax attorney Aaron Pinegar; labor and employment attorney David Schlottman; and environmental attorney Peter Wahl.
White Plains Linen is Surge’s 15th platform investment and 6th acquisition within the broader New York City commercial services industry. For more information, view the press release.
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Since Jackson Walker’s founding in 1887, our attorneys have represented some of the most influential companies and business leaders in the world. Today, we remain firmly rooted in Texas while serving clients around the globe. With more than 500 attorneys across six offices, we are the largest firm in the state and have been recognized by Law360 as a “Texas Powerhouse” and an “elite law firm” that regularly provides counsel to industry-leading clients on highly complex transactions ranging from millions to billions. To explore the Firm’s experience in mergers, acquisitions, dispositions, joint ventures, and other strategic alliances, visit the Corporate & Securities practice page.
