Acquisition Opportunity Novo Health Services acquired EcoBrite Linen on December 5, 2023, creating a channel to access Novo's hospital and long term care network for expanded linen rental and laundry services.

Regional Market Leader EcoBrite is the largest provider in the Chicagoland area for skilled and long term care, a strong proof point to pursue multi facility contracts and regional expansion with hospitals and SNFs.

Sustainability and Cost The facility emphasizes low utility use, energy and water recovery, automation, and strong quality control, enabling a compelling sustainability narrative and potential lower total cost of ownership versus on premise laundry.

Outsourcing Value The service claims lower costs than on premise laundry while delivering a superior product and removing operational challenges for facilities, presenting a turnkey outsourcing option for hospitals and long term care providers.

Growth Ready With revenue in the 1 to 10 million range and a lean team of 11 to 50 employees, EcoBrite presents a growth ready partner capable of scaling with enterprise clients through multi facility agreements and managed care networks.