Aramark to Acquire Next Level Hospitality
Summary
PHILADELPHIA--(BUSINESS WIRE)--Aramark (NYSE:ARMK), a global leader in food, facilities management and uniforms, announced today that it has signed an agreement to acquire Next Level Hospitality, a premier provider of culinary and environmental services in the senior living sector, specializing in skilled nursing and rehabilitation facilities. The acquisition enables Aramark to partner with a business that is committed to creating exceptional experiences for its clients with the ability to leverage a scalable operating model. “Next Level has built an impressive, fast-growing business that provides high quality services, led by a strong management team with a proven track record of execution,” stated Aramark’s CEO, John Zillmer. “This complementary acquisition extends our presence in the attractive, emerging senior living sector and reflects our highly selective M&A strategy. Through its culinary offering, Next Level delivers fully integrated, superior on-site dining and food operations including staffing, management and procurement.