Cents acquires Laundroworks

On August 8, 2024, Cents announced it had acquired Laundroworks, a hardware-based payments system powering how consumers pay for laundry at laundromats and shared laundry rooms within multi-family buildings, hotels, universities, and more, to reinforce its existing hardware product line.

Cents operates as a business management platform that assists laundry business operators with business growth and management though easy-to-use tools.

Osler, Hoskin & Harcourt LLP advised Cents with a team consisting of Chad Bayne, David Jamieson, Jennifer Humphrey, Bryan Salazar, Alyn Nanji (Emerging & High Growth Companies), Damian Rigolo (Employment & Labour), Colena Der, Sean Timlick (Tax), Kaeleigh Kuzma, Reba Nauth, Kelly Moffatt (Commercial), Lauren Tomasich (Litigation), Adam LaRoche and Catherine E Hart (Privacy).

Merger & Acquisition
Tech/Computer/IT
Undisclosed/Confidential
Closed
08 August 2024