Cintas to Acquire UniFirst for $5.5B

Fried Frank is advising Goldman Sachs & Co. LLC as financial advisor to UniFirst Corporation (UniFirst) on its agreement to be acquired by Cintas Corporation (Cintas) for $310.00 per share in cash and stock, representing an enterprise value of approximately $5.5 billion. The combined company will deliver innovative products and outstanding services to approximately 1.5 million business customers across North America. For more on the transaction, read the companies' press release.

This transaction is a continuation of Fried Frank's work advising Goldman Sachs as financial advisor on high-value deals, which includes the firm previously advising Goldman Sachs as financial advisor to Enhabit on its agreement to be acquired by Kinderhook Industries and Cidara on its agreement to be acquired by Merck.

The Fried Frank team was led by M&A and private equity partners Philip Richter and Roy Tannenbaum and included M&A and private equity associate Travis Doyle.

This communication is for general information only. It is not intended, nor should it be relied upon, as legal advice. In some jurisdictions, this may be considered attorney advertising. Please refer to the firm's data policy page for further information.