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Wheeling firm sells laundry business to U.K. buyer

A Wheeling-based company that provides laundry services to area hospitals has been sold by its private-equity owner to a strategic buyer based in the United Kingdom.

New York-based Blue Wolf Capital Partners LLC said Tuesday it has sold Wheeling-based Healthcare Laundry Systems, whose clients include Swedish Covenant Hospital, NorthShore University HealthSystem and Advocate Lutheran General Hospital, to Crothall Services Group. Get the full story »