Established Market Presence Greenwald Industries has a long-standing history in laundry and location-based payment systems since 1954, establishing a strong reputation and trusted brand in the industry, which can facilitate upselling and cross-selling of advanced smart payment solutions.
Innovative Product Portfolio The company has evolved from traditional coin-operated laundry equipment to include modern smart card systems, management software, and smartphone payment apps, indicating a readiness to adopt new technologies and expand digital payment offerings.
US-Based Manufacturing With engineering and manufacturing operations based in Connecticut, Greenwald offers potential for local partnerships, quicker product customization, and reliable supply chain solutions aimed at North American clients.
Mid-Range Revenue Generating between $10 million and $25 million in revenue, Greenwald has the financial capacity to invest in technological upgrades or new product development, presenting opportunities for scalable solutions tailored to their growth plans.
Industry Leadership As a pioneer in the coin-operated laundry industry and a key OEM supplier globally, Greenwald holds a competitive edge that can be leveraged to pitch integrated, innovative, and secure payment technology upgrades or expanded product lines.