News

04/30/2019

Dickinson Williams advises on the sale of Edmar Cleaning Corporation

Dickinson Williams & Company served as the exclusive financial advisor to Edmar Cleaning Corp. (“Edmar”), a distributor of paper, plastic, chemicals, and other janitorial supplies, on its sale to Imperial Dade, a national distributor of disposable food service and janitorial supplies.

“It was a real pleasure and privilege to work with the Edmar team, and we are excited about closing another specialty distribution transaction, one of our core sectors,” said John Dickinson, Managing Director of Dickinson Williams.

Harry Itzkovitz, President of Edmar said, “The DW&Co. team was there for us from start to finish, and they truly cared about what was best for the employees and the shareholders.”

Williams Mullen served as legal advisor to Edmar on the transaction.

About Edmar:

Founded in 1973 and located in Woodside, New York, Edmar is a leading provider of janitorial supplies and related cleaning equipment repair services to customers in the Tri-State area. Edmar’s comprehensive product portfolio includes trash bags, cleaners, soaps, degreasers, and heavy-duty cleaning and maintenance equipment. Edmar also provides value‐added services, including repairs and in‐house warranties.

About Imperial Dade:

Founded in 1935, Imperial Dade is a leading distributor of disposable food service and janitorial supplies in the Northeast, Mid-Atlantic, Southeast, Southwest, and Midwest regions, as well as Puerto Rico.  Since CEO Robert Tillis and President Jason Tillis assumed their roles in 2007, the company has grown both organically and through acquisitions to become a leader in the disposable food service and janitorial supplies industry.  For additional information, please visit www.imperialdade.com.

About Dickinson Williams & Company:

Dickinson Williams & Company is an independent investment banking firm led by industry veterans with over 80 years of combined investment banking, financing, and operating experience.  The firm provides objective, experience-based advisory services to lower middle market companies with enterprise values typically up to $150 million.  The firm provides sell-side, buy-side, private placement, recapitalization, and strategic advisory services to family and closely held businesses, corporations, and private equity groups, and has a broad cross-section of transaction and industry experience in the industrials, business services, distribution, healthcare, and consumer sectors.

John C. Dickinson
Managing Director
jdickinson@dickinsonwilliams.com
804.588.3412

James A. Gilmore
Managing Director
jgilmore@dickinsonwilliams.com
804.588.3414

Harold J. Williams III
Managing Director
hwilliams@dickinsonwilliams.com
804.588.3413